In order to obtain an investment visa in Brazil, I have had to put
USD$200,000 into a newly created investment company. To keep my
investor visa I must invest all of this money over the next two
years. I make a good living and I am not dependent on the money in the
investment company. I am 27 years old and have reasonable knowledge of
investing (particularly real estate). My goal is to retire at the age
of 40 and live off passive income, partly from returns of this
investment company. I don't have life insurance nor a retirement plan.
It is my intention to get a financial adviser, but before doing that I
prefer being up to date on my own.
What I want to get educated about at this point is:
* How do I define my goals for this fund? (are there classic rules (of
thumb), models, theories I must be aware of?)
* How do I define which proportion is high-risk and which is low-risk,
which is short-term, which is long-term, how much I should diversify,
etc?
* How much attention will this fund require?
* What literature can you recommend? (I prefer short, to-the-point, styled books)
Is this field known as "Portfolio management", "portfolio strategy" or
"portfolio planning"?
In short: I understand the mechanics of evaluating an investment and I
am able to go about investing practically. What I do not know is how
to define investment goals and how to decide to what extent I should
diversify and if all investments should belong to same risk-group or
not. If not, how do I decide how big a proportion should be for which
risk-groups?
Any other pointers are greatly appreciated. |
