How to think about your personal finances like a Hedge Fund Manager.
Build a balance sheet of your personal wealth and net worth in Google Sheets. Learn how to update it over time and see how it is growing and why.
Learn why today’s financial advice for individuals does not work and how sophisticated investors manage their personal finances.
Learn about different types of investments (asset classes) and their role in a balanced portfolio.
Develop an understanding on how to pick the proper ETFs to use in your portfolio and why.
Learn about Returns, Risk and Diversification like an Investment Professional.
Calculate Historical Returns and Volatilities in Google Sheets with freely available data for any ETF you are interested in adding to your portfolio.
Learn how Modern Portfolio Theory works and build a 60/40 Asset Allocation model in Google Sheets.
Learn how Risk Parity works, why it is a better approach for a balanced portfolio.
Build step by step a Risk Parity portfolio in Google Sheets.
Trade your own Risk Parity portfolio in a simulated environment.
Learn about Stock Options! How they work and how they can be used to achieve leverage in your Risk Parity portfolio.
Really Invest like a professional , by adding leverage to your Risk Parity portfolio by using Stock Options.
Step by step practical walkthrough on how to trade Stock Options in a simulated environment.
Understand how taxes can impact your returns and how to harvest your losses year over year.
Bonus Material: Cryptocurrencies! Learn how to add Crypto to your balanced portfolio and how to farm attractive yields in a 0% interest rate environment.
High school level math.
An open mind.
A little bit of Grit!
We will cover a lot in this course. It might come across a little bit overwhelming, but do not worry we will take our time in each topic to make sure it will sink in and before you know it you will be confidently picking your own ETFs, building an investment portfolio and trading.
We will start by building together a balance sheet of your own personal wealth. This is how you will learn how much you are worth and how that is changing over time.
We will then talk about why you should invest and how much of your personal wealth you should consider investing.
We will then talk about what you can invest your money in. And walk through each individual liquid asset class (including Nominal Bonds, Inflation-Linked Bonds, Equities/Stocks, REITs and Commodities) how it works, what is its role in a portfolio and what type of risks you incur in investing in it. I will show you how to research ETFs and what to look for when picking an ETF. As well as examples for each Asset Class.
From that we will move on to talk about risk, return and diversification. Why it is important to buy and hold investments, vs actively trading and why you should try to get exposure to an Asset Class through an Index fund instead of individual securities, for example stocks.
We will talk about the traditional way of Investing for Retail Investors, the 60/40 asset allocation model. We will build a simple version of that.
Next we’ll talk about another approach to investing, a more balanced one called risk parity. We will build a risk parity model portfolio together. We will build rebalancing logic, so that you can re-use this model over time with your own personal investments. We will trade together the ETFs, I will show you how to do that. We will talk about Leverage, what it is, why it can be good for your portfolio and how to use derivatives to achieve leverage. We will build together a Risk Parity portfolio that uses leverage throughStock Options. I will show you how to trade Stock Options to achieve leverage in your portfolio.
We will talk about Tax Implications of ETF investing and how to harvest tax losses at the end of year. Last we will enter the world of Cryptocurrencies. I will show you how I think about this new and exciting world, what could be their role in a balanced portfolio and how to farm yield with them.