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Investment Strategies / Mechanical Investing
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Author: WEBspired   😊 😞
Number: of 3957 
Subject: Re: Beating the market
Date: 07/09/2023 2:22 AM
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No. of Recommendations: 3
' I am now of an age when buying bonds is what I'm supposed to be doing, but I just can't.'

Agree. I am a recently retired 57yo and own 95% equities (70% BRK) & 5% MM. Buffett has had an Huge impact on my lack of interest in fixed income and strong preference for equities. Slight real bond returns just don't excite me, nor precious metals nor R.E. vs. the steady avg. returns of BRK. I am wired and think it's more sensible at this stage of life to remain nearly fully invested. We are trying to make allocation decisions as though we are investing mainly for the next generation although we will soon need to start drawing down on occasion to meet our moderate living expenses. Don't get me wrong, a 30-40% drop would sting but I survived similar the tech bubble, GFC & pandemic quakes by mainly taking a deep breath, holding steady & adding as the bear market unfolded, knowing clear and sunny skies would reappear in reasonable time.

Very interesting to read and digest all of the unique approaches and opinions of successful shrewds.
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