u/Candid_Ambition1415

Hi all,

I'm a 27 year old software engineer who got laid off due to poor job performance due to my moderate chronic fatigue syndrome (ME/CFS) which I developed since 2020. I have trouble re-entering the job market due to how competitive software engineering has become. The bar has risen with increasingly harder Leetcode /system design interviews

I currently have 1 million 100% invested in SPY, and my parents allow me to live at home rent-free. I just need to pay for health insurance. We are in a VHCOL area. I'm trying to make the 1 million savings last as long as possible. If my health improves in a couple of years, I'll probably go back to grad school to pivot to a different field with more stable work.

If we enter a bear market, I'll buy a few complex PUT spreads to hedge my SPY stock. Otherwise I leave it completely alone to grow.

Any thoughts or opinions?

Hi all,

I'm a 27 year old software engineer who got laid off due to poor job performance due to my moderate chronic fatigue syndrome (ME/CFS) which I developed since 2020. I have trouble re-entering the job market due to how competitive software engineering has become.

I currently have 1 million 100% invested in SPY, and my parents allow me to live at home rent-free. I just need to pay for health insurance. We are in a VHCOL area. I'm trying to make the 1 million savings last as long as possible. If my health improves in a couple of years, I'll probably go back to grad school to pivot to a different field with more stable work.

My 1 million is allocated in a portfolio margin account. Thus, I have 6 million buying power available from the 1 million invested. I am not using any of my margin buying power, but should a large market crash occur, I can tap into 3% of the buying power to buy complex PUT spreads to hedge my SPY investment. I have some experience hedging.

Any thoughts or opinions?