Yup. Ken is right. Invest in stocks, not bonds, and draw a regular amount say monthly. That way what you draw is always a small proportion of the whole, so short-term market volatility does not affect you, but over time you are in the absolute best growth investment type. It's worked for me. Bond-based pensions, and final salary pensions in general, are very very wasteful.
Bonds are not volatile, but they are negative gain lately. Is that the best way to balance off volatility? I don't have a self-control problem, just a need to maximize growth for retirement on the short horizon problem.
you're increasing your risk without increasing your rate of return over time. Taking unnecessary risk to increase return will punish you sooner or later.
Portfolio Management, such a smart way to think about investing and absent at so many bucket-shops.
Yup. Ken is right. Invest in stocks, not bonds, and draw a regular amount say monthly. That way what you draw is always a small proportion of the whole, so short-term market volatility does not affect you, but over time you are in the absolute best growth investment type. It's worked for me. Bond-based pensions, and final salary pensions in general, are very very wasteful.
Need to listen again once more, it really alter my concept of bonds
Thank You
Bonds are not volatile, but they are negative gain lately. Is that the best way to balance off volatility? I don't have a self-control problem, just a need to maximize growth for retirement on the short horizon problem.
Thanks so much for sharing your opinion on YT!
"They do it badly." hahaha! Nice one! I love it.
Love your TIE KEN 🤑🤑🤓🤓 GREAT VIDEO
How do you think about leveraged things like qld,tqqq? Can we do a long term investment with enduring over 80,90mdd?
you're increasing your risk without increasing your rate of return over time. Taking unnecessary risk to increase return will punish you sooner or later.
If we don't care about volatility, bonds are not good choice haha.😸