Lagniappe
Recycles dryer sheets
- Joined
- Mar 21, 2006
- Messages
- 406
So I've read all the books (4 Pillars, Work less Live More, Retire Early Live Well, Coffehouse) and it all makes sense to me. Index Funds, stick to the plan, rebalance annually, and 3.5 years from now start withdrawing 4% per year to live one. I've even gone so far as to contact a DFA advisor that I'm comfortable with and open an account.
Now the hard part - selling mutual funds and stocks, some of which I've owned for ten years, and moving them to the new account. I've managed to procrastinate for over a month now, playing with spreadsheets on the capital gains taxes I'll end up paying, examining the purchase date of every stock and rationalizing why I should hold on to it a bit longer (yes, I've owned it for 6 months but it has no gains, there is no logic to waiting to sell it). Basically I'm proacrastinating for no rational reason - I know this is what I want to do, but I clearly haven't fully let go of the belief that somehow these earlier choices are going to pay off in some market beating way.
This should be so easy, but somehow it is not.
Now the hard part - selling mutual funds and stocks, some of which I've owned for ten years, and moving them to the new account. I've managed to procrastinate for over a month now, playing with spreadsheets on the capital gains taxes I'll end up paying, examining the purchase date of every stock and rationalizing why I should hold on to it a bit longer (yes, I've owned it for 6 months but it has no gains, there is no logic to waiting to sell it). Basically I'm proacrastinating for no rational reason - I know this is what I want to do, but I clearly haven't fully let go of the belief that somehow these earlier choices are going to pay off in some market beating way.
This should be so easy, but somehow it is not.