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  • George Rozakis

Investor Policy Statement

Updated: Dec 13, 2020

πŸ“ˆ π—’π—•π—π—˜π—–π—§π—œπ—©π—˜π—¦ * Double my Net Wealth every 5 years aiming at beating the market by 20% annually * Reach Financial Independence [FI] before the age of 50

πŸ’‘ π—’π—©π—˜π—₯π—”π—Ÿπ—Ÿ 𝗦𝗧π—₯π—”π—§π—˜π—šπ—¬ * β€œHard Accumulation” phase (until FI): Save at least 30% of income * β€œSelf Sustainability” phase (between 80 and 120% of FI): Continue saving >5%. Don’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

* β€œWhat’s income?” phase (150% of FI): make all work and income decisions as if the wage were 0. Stop caring about having to earn money, It’s ok to withdraw from the principal

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


🧬 π—œπ—‘π—©π—˜π—¦π—§π— π—˜π—‘π—§π—¦ 𝗗𝗑𝗔

* 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 β€œcosts vs efforts” 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 β€œmajor rebalance time” to review this doc and eventually improve/change it


πŸ’° π—”π—¦π—¦π—˜π—§ π—”π—Ÿπ—Ÿπ—’π—–π—”π—§π—œπ—’π—‘

*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


πŸ’š π—–π—’π—£π—œπ—˜π—₯ π—šπ—¨π—œπ——π—”π—‘π—–π—˜

* 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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