I'm back. I did some reading on the wiki, read the little book, opened an IB account, and did some research on taxes. So I'm back with my portfolio and some questions.
Country of Residence: Dominican Republic(DR)
International Lifestyle: I'm a digital nomad so I move every 3/6 months and live out of airbnbs. At some point in the next 2 years I'm going to settle just not sure where. I guess I can settle wherever my partner needs to be since I'm location independent(have yet to meet her though). Retirement wise, I'd say the DR is a pretty good country for that.
Emergency funds: Yes, 3 months though I could do 6 too. Technically, 3 months salary lasts me 6 months since I spent about half.
Debt: no debt!
Desired Asset allocation: 75% stocks / 25% bonds
80% VWRA Vanguard FTSE All-World
20% AGGU iShares Core Global Aggregate Bond (USD Hedged)
Current total portfolio: high-five figures.
I have USD$ 70k ready to invest and I'm able to invest ~50K each year. My current goal is to allocate 80/20 or 75/25 in Ireland Domiciled ETFs and being able to retire by 2030 (I'd probably just keep working).
- Given that I want to retire by 2030. What is more appropriate 75/25 or 80/20 or something different altogether?
- Given the bear market. I know we're not supposed to time the market but what would be a good strategy to buy? I'm currently have 10k in my IB account and plan to transfer the rest soon, after I "test the waters".
- Are there any guides on how to actually buy these assets using IB? I'm new to trading.
- Guessing a IB lite account is what I need. Not the pro. Am I correct?