Re: Stock market investments
Posted: Tue Nov 19, 2024 2:36 am
So you will stop working in a few years only. Congrats.
Presumably you will then have some kind of retirement income, like DRV or whatever else....oder...?
If yes, is this income reasonable for ordinary living so that you don't *really* have to access your invested capital?
If yes, I wouldn't touch it.
If not, maybe.
As I wrote earlier: I don't think this kind of decision should be based too much on your market expectations. Rather, where one currently stands on his financial life, should be the major driving criteria.
No taking credit away from Buffet, but I wouldn't really look at what he's doing. There's probably a huge amount of stuff that we don't know behind what he does, so reaching big conclusions on extremely limited knowledge is generally bad, "he's selling stocks, so he probably expects a crash, maybe I should take examples.....". Sorry, not saying Buffet is wrong but I don't subscribe to this.
Presumably you will then have some kind of retirement income, like DRV or whatever else....oder...?
If yes, is this income reasonable for ordinary living so that you don't *really* have to access your invested capital?
If yes, I wouldn't touch it.
If not, maybe.
As I wrote earlier: I don't think this kind of decision should be based too much on your market expectations. Rather, where one currently stands on his financial life, should be the major driving criteria.
No taking credit away from Buffet, but I wouldn't really look at what he's doing. There's probably a huge amount of stuff that we don't know behind what he does, so reaching big conclusions on extremely limited knowledge is generally bad, "he's selling stocks, so he probably expects a crash, maybe I should take examples.....". Sorry, not saying Buffet is wrong but I don't subscribe to this.