Trending Assets
Top investors this month
Trending Assets
Top investors this month
The "Happy Husband, Happy Life" Portfolio ;)
This is a playful take on https://share.commonstock.com/TdNqd2Y10db by @zm1

Reading what he wrote, I realized that almost word-for-word, I could have written the exact same memo, merely substituting "husband" for "wife," and swapping out pronouns etc. So I did :)

Everything below are his words exactly, with only substitutions for husband/wife, him/her, he/she. Any other changes are bold. It's funny but it's also 100% true!

~~~~~

Today on Commonstock I came across a memo by @zm1 that made me stop and think. He was writing about constructing his wife's portfolio, and wanted to ensure he was picking businesses that she knew. It made me wonder, "am I the only one doing the same for my husband?"

My husband is a rock star--he's a super dad, prudent psychologist, and member of multiple professional leadership teams--but he doesn't know the first thing about investing. He knows I love it, so he lets me do it for him. In his portfolio, are only businesses he knows. ... I want him to feel invested in the businesses that he owns. I would argue it's hard to do that for businesses you don't really know. Another thing about my husband is that he's more risk averse than I am—another reason why knowing his investments will help during large drawdowns.

To help him feel good about my investing journey, I've come up with a portfolio of stocks I'm calling the "Happy Husband, Happy Life" Portfolio.* The goals are:
  • Outsized returns relative to low-cost S&P 500 index fund
  • Within my husband's circle of competence and within his "best vision of our future" (shout-out David Gardner, The Motley Fool)
  • 0% that he needs to "take my word for" **(although he takes my word on everything ;)**
  • Not too many stocks but not too few
  • 1 year minimum holding period

***Note: I never actually named mine - any ideas?? :)**
**These are holdings, in alphabetical order:**

--> Anyone else do stuff like this, or is it just me and Zach?? (big smile emoji)

-Rachel

Related
Already have an account?