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/
