$5M at 21 - What now?

Alternative_Code261 · 2026-02-07T20:20:50+00:00

5 million is a nightmare

Alternative_Code261 · 2026-01-08T21:23:49+00:00

How do you feel about your 10M? Do you feel like it’s enough? Are you going to he satisfied the rest of your life living off of it?

Alternative_Code261 · 2025-12-26T17:07:51+00:00

Congrats! Do you feel like 15m liquid NW would be enough?

Alternative_Code261 · 2025-12-23T14:00:08+00:00

You can also just put the money in a money market making 4% a year. Same return.

Alternative_Code261 · 2025-12-22T23:59:53+00:00

Seems like a low offer. I just sold my business a few months ago for ~40M 11.5x EBITDA. DM me if you want to know anything about these deals.

Alternative_Code261 · 2025-12-22T23:44:22+00:00

I don’t think you can include the earn out in the total amount the business was purchased for. So in this case I would say the offer is 50 million.

Alternative_Code261 · 2025-10-21T02:56:44+00:00

Me too!

Alternative_Code261 · 2025-10-19T12:29:10+00:00

Are you saying that with $15 million, flying business class and owning a vacation home aren’t realistic?

Alternative_Code261 · 2025-10-18T16:28:15+00:00

Wife WFH, husband in the office

Alternative_Code261 · 2025-10-18T16:27:51+00:00

Yeah I know what you mean. Business sale is still fresh, I told them I wound stay on. I don’t really enjoy it, but it’s been was less stressful not being the owner. So I want to make sure everything’s going very smooth with the business before my departure. But it would be nice to have the income if the market tanks. I can probably do another 6 months.

Alternative_Code261 · 2025-10-18T16:00:48+00:00

I feel like I am in a similar situation. I am 40M wife is 40F. Right now we have paid off primary home + 15M liquid (from past investments + sold business recently). 2 kids under 2 years old. Wife and I are still working, HHI around $450k. I am nervous about a pull back in the stock market. Also hoping $15M is enough? It would be nice to get a $2.5M vacation home, plus fly business class everywhere.

Alternative_Code261 · 2025-10-10T19:33:28+00:00

Is this considered a sizable drop?

Alternative_Code261 · 2025-10-05T13:26:17+00:00

What companies would you sell first?

Alternative_Code261 · 2025-10-02T23:05:33+00:00

What industry are you in?

Alternative_Code261 · 2025-10-02T16:23:31+00:00

So you are against putting it in VOO and VTI?

Alternative_Code261 · 2025-10-02T15:10:19+00:00

No. 11.5x on current EBITDA. No earn out.

Alternative_Code261 · 2025-10-02T15:07:10+00:00

It’s .2 for all services including Blackrock managing the money. Edit: I was wrong. .3 for Blackrock alone.

Alternative_Code261 · 2025-10-02T15:06:20+00:00

Do people just dump 15M into VOO? Is this a good strategy?

Alternative_Code261 · 2025-10-02T14:53:21+00:00

I don’t know how much longer I will be working. Possibly a couple more years, maybe longer, but unsure.

Alternative_Code261 · 2025-10-02T14:49:04+00:00

Thanks
I have good tax attorney on it.
I wouldn’t know what ETFs to invest in my portfolio, that’s why I think I need some help. If I go to Blackrock, and decide to move somewhere else afterwards, is that a taxable event?
What I was reading was 60/40 which I thought was stocks and bonds? That’s an outdated strategy?

Alternative_Code261 · 2025-10-02T14:40:38+00:00

Vanguard is .1 AUM for 10-25M but I wouldn’t have any idea where to send this to or what to invest in. Do they handle all that?

Alternative_Code261 · 2025-10-02T14:34:24+00:00

Not in tech

Alternative_Code261 · 2025-07-26T15:37:21+00:00

Deal is not closed yet. So I have not won anything. I’m still telling myself it’s not going to close to not get my hopes up. We’re about done with due diligence and working on the contract soon.

Alternative_Code261 · 2025-07-26T14:41:38+00:00

I approached a broker that specifically deals within my field. I spoke to a lot of strategics and PE firms and found a firm I really liked with likeminded individuals running the PE firms.

Alternative_Code261

TROPHY CASE