Note: this is purely a thought experiment and not financial advice seeking
**Say you are looking at this ortfolio:**
• **AAPL:** $117k (Legacy RSUs)
• **S&P 500 (VOO/SPY):** $54k
• **Cash/HYSA:** $101k ($33k liquid + $68k in 3% HYSA)
• **TSLA:** $27k
• **SCHD:** $10k
• **RKLB:** $10k
• **GEV:** $10k
• **SPCE:** $4k
**Total:** \~$337k
**The Goal**
Let’s imagine I’m looking to pivot this investment portfolio, aiming to have the S&P 500 as the anchor (betting on the US economy for life), with an aggressive tilts toward the AI infrastructure stack and the Space Economy.
**The Thesis**
1.**The AI 5-Layer Cake:** Jensen Huang describes AI as a "five-layer cake" comprising energy, chips, infrastructure, models, and applications. I subscribe to that view. I missed the Nvidia/Chip rally, application layer is a bit fuzzy to me right now and top LLMs (OpenAI, Claude/Anthropic) aren't public.
• **The Play:** I’m targeting **Energy and Networking/infrastructure**. With state regulations slowing data center growth and a massive "Energy Crunch" that is currently happening, I believe "behind-the-meter" energy solutions will command astronomical premiums. We are starting to see that in the nuclear space
2. **Space:** Orbital infrastructure is the next logical step for data centers (abundant energy, no state regulation..). Since SpaceX is private, **Rocket Lab (RKLB)** is would be primary play for launch and satellite integration. **SPCE is** A speculative "sympathy trade" play. Their net assets are nearly $1B with a $200M valuation; a 3x flip on SpaceX IPO hype is not probable but definitely possible.
**Questions/thoughts:**
1. **Allocation Split:** For a long-term horizon, what’s a sane ratio between the "Core" (S&P 500) and the "Satellite" (AI Infrastructure/Space)? Is 70/30 too conservative, or is 50/50 reckless? I am also thinking this ai boom is turning to ai bubble and it might pop soon.
2. **The Energy/Networking Layer:** I’m holding **GEV** and watching **VRT**. What other tickers or ETFs best capture "behind-the-meter" power or AI cooling infrastructure?
3. **The Tax Leak:** $117k in Apple ( legacy RSUs) and $101k in cash only earning 3%. I’m worried about inflation and the tax hit of selling the RSUs. What’s the most tax-efficient way to offload a concentrated position to fund this reallocation?
I’m rolling SCHD into sp500 cause I just realized that is a tax leak for now. Keeping Tesla as is ( had them since 2020) a nice play into robotics, energy and ai.
Any thoughts and critic on this thought experiment is appreciated.