I think that even within EA people will have varying opinions on investing, with a bent towards using standard low-cost index funds, employing leverage, and/or doing factor investing. I second the recommendation for Bogleheads to learn about implementing a standard investing approach. This 80,000 Hours post titled Common investing mistakes in the effective altruism community provides an introduction to alternative asset allocations, leverage, and factor investing.
I wrote an EA forum post that focuses on advising EAs to move cash into higher-interest accounts, but it covers various aspects of investing from donating appreciated securities to asset location in the appendix. I hope that is a helpful resource!
Using a donor-advised fund could make sense for donating later to gain some immediate tax benefits and to have the money compound with zero taxes.
I personally believe in using evidence-based investment approaches at an asset class level rather than at a securities level (for example, tolerance band rebalancing). The 80,000 Hours post references this at the end of the post. Unfortunately, most of these approaches range in difficulty from being inconvenient to requiring an investing algorithm to implement. That’s one of the reasons why I started an EA-aligned investment firm, Antigravity Investments, which helps EA organizations and donors address implementation barriers. Feel free to get in touch.
I think that even within EA people will have varying opinions on investing, with a bent towards using standard low-cost index funds, employing leverage, and/or doing factor investing. I second the recommendation for Bogleheads to learn about implementing a standard investing approach. This 80,000 Hours post titled Common investing mistakes in the effective altruism community provides an introduction to alternative asset allocations, leverage, and factor investing.
I wrote an EA forum post that focuses on advising EAs to move cash into higher-interest accounts, but it covers various aspects of investing from donating appreciated securities to asset location in the appendix. I hope that is a helpful resource!
Using a donor-advised fund could make sense for donating later to gain some immediate tax benefits and to have the money compound with zero taxes.
I personally believe in using evidence-based investment approaches at an asset class level rather than at a securities level (for example, tolerance band rebalancing). The 80,000 Hours post references this at the end of the post. Unfortunately, most of these approaches range in difficulty from being inconvenient to requiring an investing algorithm to implement. That’s one of the reasons why I started an EA-aligned investment firm, Antigravity Investments, which helps EA organizations and donors address implementation barriers. Feel free to get in touch.