jumpingpanda
New Member
- Messages
- 3
Personal details
Age: 39
Spouse’s age:38
Age of children: 3 and 8 year old
Income and expenditure
Annual gross income from employment or profession: €100k and €60k stocks
Annual gross income of spouse: € 90k
Monthly take-home pay : € 8700. Out of this on an average we invest about €1k-1.5k per month in stocks
Type of employment: Private jobs
In general are you:Invest some money, save a small part and spend rest.
Summary of Assets and Liabilities
Family home worth €800k with a €475k mortgage
Cash: €35k
Pension fund: €40k.Recently started to max out contribution. Wife has 10k and contributes 5%.
Company shares : €130k
Other stocks: €80k
Family home mortgage information
Interest rate: Fixed 2.4% for next two years
Other borrowings – car loans/personal loans etc
Do you pay off your full credit card balance each month? Yes
No other loans
Other information which might be relevant
We do have mortgage protection, income protection and 4x life insurance.
What specific question do you have or what issues are of concern to you?
Our risk appetite is decent but still we believe we have too much exposure to company stocks and stocks in general. We definitely would like to reduce ownership of company stocks and increase our pension contributions. We are wondering how could we diversify our investments and how to balance it out with mortgage overpayments?
Age: 39
Spouse’s age:38
Age of children: 3 and 8 year old
Income and expenditure
Annual gross income from employment or profession: €100k and €60k stocks
Annual gross income of spouse: € 90k
Monthly take-home pay : € 8700. Out of this on an average we invest about €1k-1.5k per month in stocks
Type of employment: Private jobs
In general are you:Invest some money, save a small part and spend rest.
Summary of Assets and Liabilities
Family home worth €800k with a €475k mortgage
Cash: €35k
Pension fund: €40k.Recently started to max out contribution. Wife has 10k and contributes 5%.
Company shares : €130k
Other stocks: €80k
Family home mortgage information
Interest rate: Fixed 2.4% for next two years
Other borrowings – car loans/personal loans etc
Do you pay off your full credit card balance each month? Yes
No other loans
Other information which might be relevant
We do have mortgage protection, income protection and 4x life insurance.
What specific question do you have or what issues are of concern to you?
Our risk appetite is decent but still we believe we have too much exposure to company stocks and stocks in general. We definitely would like to reduce ownership of company stocks and increase our pension contributions. We are wondering how could we diversify our investments and how to balance it out with mortgage overpayments?