@peter_kang

2.25% APY

High-yield savings account for cash reserves and emergency fund.

Opened to take advantage of rising interest rates. Uses for flexibility to invest when opportunities present themselves.

0% expense ratio

Broad market index fund tracking 2,500+ stocks including mid and small cap companies.

Attractive zero fees. Part of "set it and forget it" strategy for decades-long investing.

0.015% expense ratio

Fidelity's S&P 500 index fund with low expense ratio.

Better expense ratio than Vanguard's 0.14%. Allocating 25% of income to index funds.

1% annual fee

Online real estate investment platform with diversified property investments across the US.

Started with $1,000 test, achieved 20%+ returns in quarterly dividends. Balanced Investing approach for dividend income and property appreciation.

Private investments

Direct real estate investments including gut renovation projects and flips.

Participated in 5-unit gut renovation project and successful flip with 30% return in less than 6 months. Partnered with experienced real estate investor.

Private investment

Small investment in Brooklyn building near Prospect Park.

Local investment just a couple avenues from own apartment. Passes by the building during runs.

$5/day + round-ups

Automated investing app that invests spare change and daily contributions into diversified portfolios.

Used for over 2 years. Projects $437k+ portfolio in 40 years at current investment level. Great for beginners to start saving and investing.

Subscription fee

Basket of tech and e-commerce stocks for thematic investing.

Small recurring amount goes to tech/e-commerce stock basket. Shifted focus from individual stock picking to index funds.

35% of 2018 allocation

Direct investments in early-stage startups and growth companies.

Made 4 investments in 2018: 3 early-stage and 1 well-known startup hoping for IPO. Investing with group of friends. Relationship-driven investing.

1% of 2018 allocation

Cryptocurrency exchange for Bitcoin and Ethereum purchases.

Considers crypto purely speculative. Bought at 2017 highs, lost value in 2018. Compares to "roulette table at a casino".

Future contributions

Tax-advantaged education savings plan for his son.

Plans to set up once son's social security number comes through. Will contribute over next 18 years due to rising education costs.