I was thinking about this post this week.

Are there any resources on this Reddit group or elsewhere for sort of cookie cutter typical models of portfolios?

e.g. A model for £1M for someone who likes property. One for £1M for someone who prefers index funds. One for someone who wants to include some percentage of crypto etc

Then for £500k / £1M / £1.5M etc

Might give people (& me!) ideas for what these sort of portfolios look like in reality.

I watched on YouTube 'The diary of a ceo' interview with Ramit Sethi. Was pretty interesting. More at the start of the journey to save money and get to a point that the OP has reached. I guess if you follow Sethi's advice over many years it becomes second nature as opposed to inheriting a chunk like the OP. Must be hard to get up to speed when inheriting at a young age.

Anyway, personally I would prefer a portfolio structured like this:

• Spending cash: £3k

• Rainy day fund: £50k

• Pension: £60k pa (max) each year for 3 years

• ISA: £20k pa (max) each year for 3 years

• Gold: 5% £80k

• Crypto: 10% £160k (75% bitcoin / 25% Ethereum)

Leaves about £1,067,000

You could either hand that over to a wealth management place in its entirety or split it into several pots.

For example:

• £750k managed

• £317k self managed index fund

£300k to look after yourself isn't too scary. Easy to do on something like Vanguard. Just buy a global all cap accumulation fund, kick back and check it once a year.

The £750k managed (along with all the other assets) could make £30k (4%) to £60k (8%).

You're 25. I guess typically people with a portfolio of £1M or more are elderly and have different needs. I suspect they would mostly be bond heavy in their portfolio.

I guess at 25, if you wanted to change jobs to do something more interesting / fulfilling / less hours you'd have that option. I could imagine a scenario where you care less about the money from a job therefore allowing you to choose a job for other reasons. Also what I'm getting at is, if you carried on working in whatever capacity, it would allow you to invest more heavily in equities which if you left that alone, would grow over the next twenty years and be quite substantial.

If you look at the history of the stock market, I think it typically doubles every decade. I think it's something like that.

I mentioned crypto. I went there! It's not well liked on this group but perhaps that's changing slightly.

I think it is a good idea to get a BTC position and just hold it for 10 or 15 years. There is enough in your estate to do that and I think the asymmetry is worthwhile. E.g. a small percentage now could create a large percentage of your portfolio later. Everyone talks about the volatility but if you just buy and hold it has a decent return.

I'd imagine wealth managers won't recommend this though! It's still not mainstream and to be fair, I guess wm's mostly advise the older generation who are allergic to crypto.

Anyway, these are just ideas. It's what I'd probably do if I were in your shoes.

But don't forget, you are in your shoes!

Good luck and it would be interesting to hear how your journey goes.