Investor of the year Marko Oolo asked well-known Estonian investors with a portfolio of over a million euros how big the portfolio should be in order to live comfortably without making changes in lifestyle.
“Everyone says that a million, stop it, it will help. I’m moving on from the million because I’ve realized that it’s not enough to live without stress with today’s lifestyle for the rest of my life,” said Oolo.
One option would be to continue living on macaroni, but once you’ve already tasted the good life, you don’t want to go back to that earlier period, he said.
Why is a million not enough? Marko Oolo lays out the exact numbers, monthly income and expenses, portfolio yield and the percentage that can be spent to explain why it is needed. In addition, he shares the opinion of Kristjan Liivamäe, Jaak Roosaare, Lev Dolgatsjov and Madis Pajo, how much is still enough.
He also talks on the stage of the summer investment festival about how he builds his portfolio, what he thinks is the formula for wealth and why he has become fearful as his portfolio grows.
Moderated by Juhan Lang.
Marko Oolo put the numbers on the table: which portfolio is really enough
Related stories
In order to succeed in business, you need to develop a product that you yourself see the need for in your everyday life, and not artificially look for a formula for wealth, CrabCAD founder Hardi Meybaum found at the Investment Festival.
Mihkel Nestor and Peeter Koppel, who discussed the connection between financial markets and macroeconomics, found at the investment festival that there is a connection and in some cases it is possible to make money with it.
At the investment festival, real estate investor Katri Teller shared advice on how to be successful in every area of life and what is meant by success.
You don’t have to be a genius, smart or even mega-talented to become wealthy — hard work and the right goals are enough, said investor Madis Pajo at the InvesteerimisFestival.
Tiina Käsi is a name that sounds familiar to many in the business world. He has over 25 years of experience in management, but his career has not been easy or linear, but full of unexpected opportunities and challenges that have yielded valuable lessons. The CEO of Nordea Estonia, who started his career as a Swedish language teacher, has achieved a lot to date and leads a diverse and international organization. Hands-on experience and the ability to balance work results and human care make him a leader whose knowledge and insights are worth sharing.
Source: www.aripaev.ee
