It taught me, I might have a little to much stock. We are 18 months retired.
I have a little less than 85% in stocks, and 3% in bonds, the rest in cash or
or land.
I got a little nervous and sold $250k on 2-28 and bought it back 18% lower
on 3-25. It was a tax deferred account so no tax consequences.
But, I have no real reason to be nervous, if half our portfolio disappeared, it would make no difference to our standard of living, only the kids inheritance. Which if things go well they won't get until they are in their 50's.
I have a little less than 85% in stocks, and 3% in bonds, the rest in cash or
or land.
I got a little nervous and sold $250k on 2-28 and bought it back 18% lower
on 3-25. It was a tax deferred account so no tax consequences.
But, I have no real reason to be nervous, if half our portfolio disappeared, it would make no difference to our standard of living, only the kids inheritance. Which if things go well they won't get until they are in their 50's.