Hello all-
I am hoping to tap into your collective wisdom. I am trying to decide whether to initiate a position as a preferred investor in a private company with plans to go public within a couple of years. The minimum investment is not small (IMO).
I am a practicing doc 5 years out of residency. I am currently invested in 100% equity index funds with 25% international and a slight domestic tilt toward small value.I am not an accomplished investor beyond reading WCI and Bogleheads forums. My investment strategy to this point has simply been to buy and hold index funds until retirement. I guess I am trying to accelerate my net worth by considering this. My buddy tells me that it is a no-brainer and a great opportunity FWIW.
My questions are: (1) Do any of you have experience with this type of investment? (2) What are the primary considerations when evaluating this type of investment? (3) Can I use money from my (and my spouse's) Roth IRA to do this?
Any and all help is much appreciated. Thanks.
Jimmy
I am hoping to tap into your collective wisdom. I am trying to decide whether to initiate a position as a preferred investor in a private company with plans to go public within a couple of years. The minimum investment is not small (IMO).
I am a practicing doc 5 years out of residency. I am currently invested in 100% equity index funds with 25% international and a slight domestic tilt toward small value.I am not an accomplished investor beyond reading WCI and Bogleheads forums. My investment strategy to this point has simply been to buy and hold index funds until retirement. I guess I am trying to accelerate my net worth by considering this. My buddy tells me that it is a no-brainer and a great opportunity FWIW.
My questions are: (1) Do any of you have experience with this type of investment? (2) What are the primary considerations when evaluating this type of investment? (3) Can I use money from my (and my spouse's) Roth IRA to do this?
Any and all help is much appreciated. Thanks.
Jimmy
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