A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
21 hours ago
Hi Uncle8888,
ReplyDeleteHeehee I think it depends what you're actually measuring. Whether it's whole portfolio basis, or a portion of the portfolio.
Whole portfolio will include stocks, bonds, etf's, investment properties, investible cash(including war chest & standby funds). 😉
E.g. when measuring the investment performance of Buffett, we include his $100+B war chest, even though it definitely is a cash drag on Berkshire. Buffett will tell us he rather have this cash drag than to invest in over priced companies. 😄
Cash still have low return and still better than negative return when over priced stocks corrected or crash.
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