Hi everyone,
I’m about to get about US$500k from the sale of a property and I’m looking for suggestions on how to allocate those funds.
I’m currently not working but have reasonably good prospects of picking up a gig soon, and when I work I usually make about $150-$200k a year.
Thing is I work in a discipline that’s going to get eaten by AI in pretty short order - marketing and tech product management. So I do have a concern that my working life is going to be, at best, limited, at worst, already over.
So here’s my question.
I’m trying to optimize for regular monthly dividend income, capital appreciation, a moderate level of risk, and and tax efficiency.
I know it sounds like I’m looking for everything, and I get it, there’s no perfect portfolio that can deliver evening but I guess I’m trying to find a balance.
I’m ok with taking a degree of risk given I’m still only 43 years old and have a significant working life ahead of me even if my field gets eaten up, so am working on the basis I’ll have value to add somewhere and income to continue to grow.
I’ve been reading a lot on this subreddit and really appreciate the insights you all give one another so was hoping I could get some thoughts on what to do with this.
For reference, I currently have a $100k split between JEPI, JEPQ, MO (small position) and FSK (have taken a hit on this already). This money is all I have for the foreseeable future so I really want to get it working for me.