How To Create A Successful Investment Portfolio At 30
A journey to create a rock-solid personal investment portfolio.
So, here’s the first of several posts aimed to understand and manage my savings into what will hopefully become successful finance.
(As most of us) I have the basics. I know most of the terms, I hear about finance in the news but I don’t use or benefit from it.
I recently changed activities and I believe it’s time to make sure my current and future savings work for me while I sleep!
My goal is first to set a plan for the long term and take advantage from the famous compound interest principle. Afterwards I’ll get into swing trade and direct investment into companies equity if it’s reasonable enough.
Hopefully I’ll be able to create a matrix to make investment easier and emotion free.
A little bit about me: I’m 30, I worked and live both in Europe and Asia and I’m now based in Luxembourg (hopefully living in the capital of finance will help..).
Here are the steps:
- Education first, see my first list afterwards
- Set a long term portfolio, virtual first to measure decisions asap
- When to invest and/or restructure
- Find a taxation structure that is best both in Luxembourg and elsewhere
- Select the fiduciaries or companies that allow me to do so with the lowest fees possible
- Apply the portfolio
- Swing Trades and other shorter strategies available for the underdogs like me
Stay tuned and feel free to provide helpful insights or specific questions
Books so far:
- The Intelligent Investor (Benjamin Graham)
- Master The Game (Tony Robbins)
- Unshakable (Tony Robbins)
- Berkshire Hathaway Letters to Shareholders (Warren Buffet)