I am just guessing $30 m will definitely be in the top 1%. Probably 0.5%. 60-100m in the top 0.1%.Hawaiishrimp wrote: ↑Fri Feb 12, 2021 12:18 amWhat's “top 1%” of bogleheads? I doubt it. I heard some people have $60 - $100M+ here. (e.g. Jack Bogle himself). I am a small potato in comparison. A lot can happen along the journey. I'm just grateful that things are progressing smoothly at the moment. I'm sure there will be more ups & downs in the years ahead.
We see a lot in the news about 100 millionaires and billionaires, but there are mighty few.
Actionable, I suspect most of your recent increase in wealth came from company stock, though a significant portion may have come from Tesla. In your position, with your confidence in Tesla, I d consider selling 65-75% of my holding and keep 25-35% to play with. I d sell 90% of my company stock. The after tax proceeds from these sales I would put into vti. That might be a safer way to get to 30 million.
I was just teasing about the “top 1%”.
Hope things continue to go well.