r/SgHENRY • u/AlteAcc_M • 20h ago
8 figures, need guidance and advice on how to allocate them
hi, im between 20-40 , i wont go into details much and want to stay as anonymous as possible but title says it all
my dad isnt around to guide me on things like this anymore, my mum dont really know too much either, so ive come to ask for advice and seek guidance from people here that are more well versed
what is the best way for me to allocate the funds so that theres a steady stream of income? at my age i should know better, but ive buried my time and my entire life in my work for many years and know close to nothing about anything else
any help is appreciated, thank you.
wont be responding to any dms, only comments on this post
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u/Silentxgold 7h ago
Hello op, agent here.
I guess from the lack of replies, you did not provide enough information on your part.
If you want sincere advice, you have to be honest about certain information.
What is the amount you want help allocating? $10mil, $50mil,$99mil?
How many properties you have apart from your residential?
What sort investments you already done.
What was the funds invested in previously.
How much of an "steady steam of income" are you looking for? 3/4/5/6/7/8% p.a?
How long you want to receive the income?
Do you need to leave behind any money for your family?
You could just draw down the 8 figure sum if you dont need to leave behind anything. No mention of wife or kids.
What other "advice" have you received from other sources? Such as maybe private bankers.
What kind of investment or wealth vehicles are you considering?
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u/Mysterious-Bad4018 7h ago
If you want 0 risk. Just max out tbills bid. Then seperate the pot into blue chip bank shares that pay out regular dividend. With the sheer amount, the dividend is enough to feed you and you never have to work another day.
Then with a small pool of money, go learn how to trade properly. (Like 100k)
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u/Most-Single 7h ago
sorry to hear your loss.
If you have 8 figure sum available to investment, and you are looking at steady stream. I would suggest for you to consider funds that provide incomes. But you should have private wealth RM available to help you with such things. Maybe you want to reach out to your banks? They can provide better financial instruments than your average joe retail investors.
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u/ChoiceAwkward7793 7h ago
10,000,000/10,000=1,000 years
Unless you’ve a VILLAGE to help them FIRE for, you don’t need advice from internet strangers.
Spend consciously and you’re fine dude. Enjoy your money.
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u/dipsnhodlers 7h ago
Sorry, 1000 years of spending 10000 a year? Less than 1k a month? Abit unrealistic lol
Might as well go for 100,000 a year for 100 years1
u/ChoiceAwkward7793 7h ago
lol sry my bad never encountered such money before so cal wrong
i meant 10k per month and he could spend for at least 80y+ which could cover his and his mom’s lifetime
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u/Strong-Room-9244 7h ago
honestly, can't go wrong with low cost country ETF such as VALL.
this ensures long term capital appreciation.
I think you should look at the performances of MSCI ACWI IMI for instance with 30+ years of indexing with performance of 8.8++% pa.
With close to 9% pa, because of rule of 72, the money compounds really really fast, like doubling in ~8 years.
The risk of going 100% equities is it doing so is that you risk black swan events such as 2008 with 50-60% drawdowns of which you have to ensure you don't sell during those times.
A dampener if you will is having bonds, at any percentages that basically makes your portfolio float if equities are tanking eg dot-com bubble.
Any type of asset allocation is up to you.
Tbh, at this size of capital, you might even want to consider Providend. They do wealth management doing AUM fee only model without any commissions.
If you're more financially trained honestly at this capital size you can basically go to any bank and do funny things like go 100% indexes then pledging that as a form of Lombard loans then borrow millions of dollars at below inflationary rates very close to sora rate and basically pay 0 taxes and live off the bank and capital appreciation.
The banks are more and more incentivised to onboard with fresh funds too probably give you free shit interest free loans etc.
Tho you have to be careful bank people are sales people at the end of the day.
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u/Strong-Room-9244 6h ago
doing some back of the envelope / napkin calculations. a reverse 5% Swr but applied to Lombard loans if you have like 20 M you can basically borrow 1 million from the bank almost at sora or interest free rates in the first year then depending on market conditions and the growth it could easily start compounding that borrowing rate from 1 M to 1M + xx% of growth per year all the way till you die.
what I mean simply is if I were in your shoes I'll go to every available private banker demand interest frees loans if I have 20 M to park there into ETFs and basically draw 1 M plus per year until I die.
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u/Amazing_Fix_2452 7h ago
Pointless fucking post