Re: It\'s time for poker players to start putting their money to work.
Hmmm.
1) Do your parents have an accountant that is any good? I would start there if they like him. If not, network through friends here to get a guy who has done a lot of work with poker players. There is no substitute for experience in terms of making the right decisions around tax reporting. You are doing the right thing paying them, btw.
2) Sounds like you are doing a good job dollar cost averaging. As you hopefully know, you are taking the high risk approach with your selections. (I assume by "internal index fund" you mean "internet index fund"). As a % of your portfolio, it is pretty unusual to have this kind of allocation to emerging markets and internet stocks...on the other hand, you are young, you are earning a bunch, and your portfolio overall is a relatively small piece of your net worth. So you can handle that swing. Just pointing out that this is not a prototypical portfolio and is higher beta (meaning risk) than most.
It's a really good start and it would be fine if you never did much more than would you are doing, although I can't see keeping that allocation over time as your portfolio grows, in particular because I doubt you have any real reason for being in emerging markets other than that they sound sexy.
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