marko
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 16, 2011
- Messages
- 8,427
What has worked for me to do nothing other than some buying during downturns is to ensure my portfolio throws off more than enough cash to meet my "needs" budget. That puts my portfolio tilted more towards income than growth and likely reducing long term total return but I enjoy life a lot more knowing I won't be forced to sell while at the same time generating decent capital appreciation.
Heard this quote today: "...sometimes a fund wins by not losing..." (as in the case of many bond funds etc)