A founder deployed millions into illiquid angel investments between 2014 and 2017. Now that they're generating cash flow, they're shifting into stocks and real estate to hit a 33-33-33 split across their business, liquid securities, and property. They're turning down new opportunities to focus on rebalancing.
So I'm really in a rebalancing phase for my personal portfolio. From 2014 to 2017, I invested several million dollars into angel deals, and those are all completely illiquid. As those start to come to fruition and as I start to get income from those deals, I'm actually rebalancing into liquid assets and real estate. You know, eventually I would like to almost have 33% balance across my primary businesses, liquidity like stocks, and then real estate assets. But for me personally, like, no more liquid investments. Even when I have these life-changing opportunities come across my desk, I'm in the practice of saying no because I know that I want to build my liquidity way beyond where it is as I rebalance that portfolio.
