Author Topic: 21-yo's Belgian DGI looking for advice  (Read 886 times)

WhenDoYouRetire?

  • 5 O'Clock Shadow
  • *
  • Posts: 11
  • Age: 24
  • Location: Brussels, Belgium
  • Pay Yourself First.
    • When Do You Retire?
21-yo's Belgian DGI looking for advice
« on: November 05, 2016, 01:46:04 PM »
Hello folks,

I'm a 21-yo Belgian DGI and I'm having some questions about my allocation in my portfolio.

Currently I'm working towards a ratio of 70% of my NW in individual stocks (at 67% now). I'm having another 10% in high-yielding bonds, 8% in a tax reducing fund (optimized already) and the left-over 15% is (emergency) cash. This cash pile is around 12,500.

As I'm turning older and might buy some real estate in the mid-future (3-4 years +-), I was wondering if I should let the cash pile add up to a bigger amount so I have a bigger cash position to negotiate mortgage conditions. Important: the bonds end in 2 years and will be added to my cash pile, so let's say I will have around 22,000 by then.

My current paychecks are going straight into the stock market (savings rate around 95%, special situation), which is why I was wondering if I had to do a (small) re-allocation to ensure a bigger cash position.

Anyways, what do you think?

If you would like more info, this is my blog where there are more details about my portfolio and holdings.
https://whendoyouretire.wordpress.com/



Polaria

  • Stubble
  • **
  • Posts: 220
  • Age: 41
  • Location: Brussels - Belgium
Re: 21-yo's Belgian DGI looking for advice
« Reply #1 on: November 06, 2016, 01:34:36 AM »