advice is this. If you want income from Berkshire, simply sell a small
portion of your stock holdings every year. By doing so, you can put cash
in your account when you need it. How many of us will agree or accept his advice? Most
like to have the cake and eat it too. That is why income dividend is
still so popular among many retail investors as cash flow strategy even though there is no immediate need for cash. Who is deemed to be better in capital allocation of excess cash flow from business profits? You or your trusted Management and BOD of your invested companies? Think retained earning and dividend payout ratio! Think longer term e.g 1X or XX years Find you own answer.
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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