- Don’t look at your portfolio as security for rainy days.
- Don’t ask the market whether you should cash out, look at your goals and at the companies you own.
- Standard investment advice has it all wrong.
99.9% of all content related to investing is focused on returns and how much money can be made. However, what’s equally important, or even more important, is to align your investing returns with your personal life goals.
I don’t want to be like Buffett and die the richest person in the world. I assume most of you feel the same way. Unfortunately, this creates constant internal or spouse-related battles between investing and spending, greed and fear, security and excitement, which leads to an important question, when and how should you cash out?
Today, we’ll discuss a few concepts that can help you make investing, cashing out, and spending decisions. More →