If I want to start a family office, what kind of experience would be helpful? Looking at whether I should get a 1-2 years of experience in HF, PE or VC. I have 4 years of consulting experience, did a mix of CDD, ODD, strategy and PMO work. Family is worth about 300 mil and is looking to put about 50 mil into the fund to start. We are in Southeast Asia if that matters. I have little knowledge of investing, so L any insight would be greatly appreciated!
Yes
Just kidding. 😂
69yr, investing heavily in her majesty roughy 45% of my incoming gbp. In return I get a jubilee bank holiday 🙏 so grateful
I’m 28. Making ~70k TC. Net about 4k in hand.
1k rent, 1k on grocery and entertainment and other spending. Saving about 2k mostly (excluding months when on holiday).
If lucky, hope to get to £140-150k by 35-40 and contribute 40k to pension every year afterwards.
Sensible - this approach will get you far in life.
800-1000 per month with a 1 year old going to day care full time. That’s 1400£ gone.
I don’t have many aims at the moment. It’s 1 day at a time right now.
Save 800-1000 per month, 25 yo, making 60k
23, earning 40k (so roughly 28k post tax) and saving / investing around 17k of that (living at home though) - so saving around 1.5k per month
24, making 110k post tax, aim to save ~60k/ year. Want to get to 100k / year cash savings by 30 and let lifestyle creep spend the rest as salary scales
110k post-tax so TC is 200k+?? At 24?? What startup is this and do they need any product managers 😂😂
This is in USA (NY) fyi
SA1 should be removed from this bowl for skewing up the figures in this post lol, I hope I have not been reading about US figures all along 🤔
Save ~1500-1800 (depending on the month), am 25, making ~70k TC
35, investing + saving 2000 a month
In-hand around 4400 post pension and then expenses around 2400 including rent+bills, investing 60% in ISAs and rest in savings account. Quite conservative in terms of risk exposure given the volatility in the market
Save £1500 every month, on £65k.
Age 28, investing 1.5K + putting aside between 500 and 1k cash a month