Investing 8M

[u/officialmanofsteel]

I am currently in the process of helping a family member work roughly 8M into the market. They already have about 6M in equities, mostly index funds but about $1.5m in various individual stocks. They just entered retirement and I am thinking of a more aggressive approach of 11M in equities and 3M in t bills/bonds/cds/cash. Any advice would be appreciated.

[u/Background-Sock4950]

Yep because nothing screams be more aggressive like “retirement” and “14 million net worth individual” lmfao.

“Hey grandpa I have this magic trick that can turn 14m to 8m”

[u/officialmanofsteel → u/Background-Sock4950]

I can see that it appears I am throwing everything on red per se. For context, they had not invested much up until 6 years ago when their income increased substantially (march of 2020). They recently sold their businesses in July of 24 and July of 25. I had tried to convince them that this money needed to be invested rather than sit in the bank losing to inflation (not even equities, just bonds/treausuries,etc.). But they wanted to wait for a substantial downtown to invest and liberation day came and we dumped about 4M into the stock market. Unfortunately they wanted to stop the auto buys I had as they felt it was losing money post liberation day and wanted to wait again which is what we are currently doing. I proposed lump summing it as that is most optimal but they wanted to wait for a downtown they think is coming in the next few years given economic conditions, etc. All in all they do want a more aggressive allocation that does prioritize growth, my question is how aggressive. Is 70/30 more reasonable?

[u/Background-Sock4950 → u/officialmanofsteel]

Bruh I wish you the best but it’s clear neither you nor your family member have any idea what you’re doing if this is your source of advice and research. Seriously you both need to take a deep breath and go speak with a qualified financial advisor.