How to Manage Money as a Techie - How I Invest as a Software Engineer
In this video, I will give you tips on how to manage money as a techie. I will summarize what I have done to successfully preserve and grow my wealth while keeping my strategy simple. I divide my wealth into 3 main and roughly equal parts; real estate, index funds (MSCI World Index, JPMorgan US Tech), and bonds. I prefer index funds over managing an investment account myself so that I will have a well-managed and well-diversified portfolio. I will also mention things that I have failed to do, so you can learn from them. I will explain all the terminology used in this video with quotes from Investopedia.
Obligatory Disclaimer: This is not investment advice, it just a summary of my own investment decisions and their results. Many investment banks offer free advice if you are seeking professional help. But before taking any action, do your own research.
If you want to read or contribute, you can find this guide on:
• https://quanticdev.com/articles/how-t...
Outline of this video:
• My Wealth Distribution as a Software Engineer
• Why I Invest as I Do?
• Real Estate
• Index Funds
• Bonds
• Cash and Other Liquidity
• Others
• My Failures
• Conclusion
"How To" Playlist:
• • Guides
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