The most important point is that you've reached your destination. 😉
I won't be surprised if Buffett has kept most of his earned cash in cash over the last 15 years (apart from buy-and-hold Berkshire stock that he had bought in past decades).
With the size of his portfolio, he can live like royalty (if he wants) with just 1% CAGR.
Those that haven't accumulated enough on the other hand ...
Hi Uncle8888,
ReplyDeleteThe most important point is that you've reached your destination. 😉
I won't be surprised if Buffett has kept most of his earned cash in cash over the last 15 years (apart from buy-and-hold Berkshire stock that he had bought in past decades).
With the size of his portfolio, he can live like royalty (if he wants) with just 1% CAGR.
Those that haven't accumulated enough on the other hand ...
That's where leverage comes in! 🤣