Are there net worth checkpoints at which you should be adjusting your investment strategy (either motivated by taxes or returns)? If so, what are they and why? Not thinking for the super wealthy rather the average 🐟. Disregard the natural progression to less risky assets as you get closer to retirement. Just thinking more in line of "I now have $400k liquid, I should be doing x instead of y." Thanks

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It’s hard to say these days with the laws changing every two years. Index buy and hold and continue working. I’m still doing it at $2m liquid. I was just under $1m less than 2 years ago… now if they start magically counting unrealized gains as taxable, then the strategy has to change.

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When I hit 300k in investments earlier this year, I moved 100k from another source into real estate notes @ 10% to create a 25% hedge against market

Not right or wrong. Just a thing I did.

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I think you should take on less risk thru diversification as your net worth increases. Under 100k for example, you can take bigger risks like putting all your money into a single stock. But you shouldn’t do this with 1 million.

The right answer is yes, you should have milestones. Both in dollar amount, volume (how much of anything you hold), and time (your age and the time with the financial holding). That being said, if you are investing in ETFs, the product itself does it for you for the most part (excluding moving to riskier/less riskier assets). The one caveat would be if you want to jump into more risky products. For example, if you have $1MM in the bank at 35, with no dependents and high risk tolerance, you may want to take $200-300k and invest it into a startup or small business. $700k at 35 is still really good and if you loose the $300k you are still in a good position. Nonetheless, it all comes down to you, your short and long term strategy and how risk adverse you are.

No, not according to Dave Ramsey. Strategy is the same always. Live below your means and invest in value stocks, international, mid cap, small cap

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