I’m mainly a lurker (read: learner) so enjoying the conversation on the forums. After attending the Seattle meetup this week but having to split early to make a work meeting, thought I’d say hello here.
I’m Morgan Palmer, 41 and having spent my 20s and early 30s earning a low salary (and saving little) because of my chosen field (I do weather on TV) but having been promoted to the top job in a much larger city, my income has dramatically increased over the past eight years so it has been time for AGGRESSIVE catchup. Being single/no kids, I am able to save and invest nearly half my gross income despite the high cost of living in the Seattle area. Because of my life situation, I also have a high tolerance for risk and volatility so I’m about 85-90% equities right now and am comfortable with that — not having wavered during the downturn save for selling a few low performing stocks, timing those sales at the end of 2018 mainly for tax purposes.
But I’m also watching the Investment Conditions Report closely and ready to make adjustments to my core holdings when the markets warrant. I primarily invest in ETFs with the most aggressive model portfolio as a guideline but also still hold a few favored individual stocks (Go Amazon Go).
It feels great to rapidly turn around those Monte Carlo simulations for retirement but I know it could all change because the industry I am in is also changing. So we’ll see.
I appreciate all the insight on the podcasts and here in the forum and happy to meet — if briefly — David, LaPriel, their son and some of you here in Seattle this week.
Morgan, thanks for the introduction. We enjoyed visiting with you at the meet up.
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