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  • George Rozakis

Investor Policy Statement

Updated: Dec 13, 2020

๐Ÿ“ˆ ๐—ข๐—•๐—๐—˜๐—–๐—ง๐—œ๐—ฉ๐—˜๐—ฆ * Double my Net Wealth every 5 years aiming at beating the market by 20% annually * Reach Financial Independence [FI] before the age of 50

๐Ÿ’ก ๐—ข๐—ฉ๐—˜๐—ฅ๐—”๐—Ÿ๐—Ÿ ๐—ฆ๐—ง๐—ฅ๐—”๐—ง๐—˜๐—š๐—ฌ * โ€œHard Accumulationโ€ phase (until FI): Save at least 30% of income * โ€œSelf Sustainabilityโ€ phase (between 80 and 120% of FI): Continue saving >5%. Donโ€™t touch the principal, keep working sporadically or find other ways to bring money at home to cover for expenses and let the principal grow

* โ€œWhatโ€™s income?โ€ phase (150% of FI): make all work and income decisions as if the wage were 0. Stop caring about having to earn money, Itโ€™s ok to withdraw from the principal

* โ€œWhatโ€™s money?โ€ phase (200% of FI: make all spending decisions as if the price were 0. Stop caring about budgeting, expenses, earnings. Just avoid plain stupidity.


๐Ÿงฌ ๐—œ๐—ก๐—ฉ๐—˜๐—ฆ๐—ง๐— ๐—˜๐—ก๐—ง๐—ฆ ๐——๐—ก๐—”

* Stock oriented investments with ETFs playing a risk management factor

* Buy and hold stocks strategy: stay invested (extra invest if possible) when the market crashes

* Stay low on costs in the โ€œcosts vs effortsโ€ spectrum

* During accumulation phase, keep investing each month and use the monthly investing to rebalance

* Do an annual major rebalance between asset classes and within each class. Use this โ€œmajor rebalance timeโ€ to review this doc and eventually improve/change it


๐Ÿ’ฐ ๐—”๐—ฆ๐—ฆ๐—˜๐—ง ๐—”๐—Ÿ๐—Ÿ๐—ข๐—–๐—”๐—ง๐—œ๐—ข๐—ก

*70% Stocks - 20% ETFs - 10% cash

* Keep 5-6 months of living expenses in cash while working

* Keep 12-24 months of living expenses in cash while not working

* In case of urgent need of cash in bear market, sell bonds first


๐Ÿ’š ๐—–๐—ข๐—ฃ๐—œ๐—˜๐—ฅ ๐—š๐—จ๐—œ๐——๐—”๐—ก๐—–๐—˜

* Min copy amount: $500 followed by regular injections

* Recommended copy amount: over $1,000 followed by regular injections

* New copiers: check 'copy open trades' and be prepared for some wonderful long-term results

* Happy old copiers who add more funds: do NOT copy open trades


Register through the following link: https://med.etoro.com/B13974_A96413_TClick.aspx

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ยฉ 2021 by GRozakis