facebookAdvice for F.I.R.E. asset allocation in these uncertain times? - Seedly

Anonymous

14 Jun 2021

Retirement

Advice for F.I.R.E. asset allocation in these uncertain times?

Hi all! Advice (especially F.I.R.E.-related) is greatly appreciated on my current asset allocation given the current uncertain economic climate:

33yo single, self-employed

  • No hard assets (car/house); living with elderly parents
  • No intention for marriage/kids
  • Aiming for Barista F.I.R.E. with 80-85% savings rate
  • Ongoing habit of tracking all income and expense streams

Est. Net Worth currently is ~ $560k, broken down into:

  • Robos/Mutual Funds ~ $160k (roughly 43% equities, 37% fixed income, 17% real estate, 3% commodities/cash)
  • Individual REIT counters ~$60k
  • Cash/Deposits ~ $70k
  • MMFs ~ $210k
  • Foreign currencies ~$11k
  • CPF ~ $50k

I am trying not to time the market, but how and into which areas should I DCA into? I started on my investment journey only in my late 20s and feel the above allocation is quite conservative but I have been guarding against the greatly fluctuating (past and potential loss of) income due to the current situation. Thanks in advance!

Discussion (3)

What are your thoughts?

Learn how to style your text

I guess, just guessing for fun, from ur portfolio u recieved ~ $6k to 7k dividend p.a?

$560k @ 33 is amazing feat. I see your portfolio mostly income generating component?

Is time to deploy your MMF & foreign currencies.

How much income do you really need for 1 month? How much is the gap from now? Deploy the amount to a higher yield fixed income with monthly payout. That will cover your monthly expenses.

Then the rest into S&P500 ETF (lump sum) to let is grow , which you wont be touching soon.

View 2 replies

Write your thoughts