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My First Million

My First Million

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Systematically evaluate and optimize personal investment allocation through peer feedback

High-net-worth individuals seeking objective feedback on investment strategy

Quarterly or annual review cycle

What Success Looks Like

Clear understanding of current allocation, identification of blind spots, actionable feedback from trusted peers, and refined investment strategy aligned with goals.

Steps to Execute

1

Document current allocation across all asset classes with percentages

2

Prepare rationale for each allocation decision

3

Present to trusted peer group or advisors

4

Invite direct criticism and challenging questions

5

Document feedback and identify pattern in critiques

6

Adjust strategy based on most compelling arguments

Checklist

All accounts and assets documented with current values
Percentage allocations calculated accurately
Investment thesis written for each major position
Risk tolerance and time horizon clearly stated
Liquidity needs assessed and planned for
Tax implications of current strategy understood

Inputs Needed

  • Complete financial account access and statements
  • Clear investment goals and risk tolerance
  • Trusted peer group willing to give honest feedback
  • Time for thorough documentation and discussion

Outputs

  • Comprehensive portfolio overview document
  • List of identified weaknesses or blind spots
  • Recommended allocation adjustments
  • Action plan for portfolio improvements

Example

“Entrepreneur with $10M portfolio presents 79% index funds, 15% treasuries allocation to peer group, receives feedback about over-conservative approach, adjusts to include more growth-oriented investments while maintaining core stability.”