Subject: Re: Brk, it's time to declare a 1$ quarterly
And what if there was "nothing to sell" - meaning the entire market was in a tank?

An old saying:
Sometimes you get the bear, sometimes the bear gets you.

In this context, anyone selling a little stock periodically over the next 20 years will, by construction, realize an average valuation multiple equal to the average for that security in the next 25 years. Which is all anyone should really expect. A few sales will be better, a few will be worse, but it averages out.

So, if you have nothing to sell, (nothing at a decent valuation level), it's not because prices are currently bad, but because your portfolio is unfortunately not large enough (and never was) for the withdrawal plan you're using.

Jim
(having lived from my portfolio for 25 years)