Post #179 by Cardude on the Retirement Investing board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

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Jim is a wealth of knowledge on spending down a portfolio composed mostly of Berkshire, because that's pretty much his situation I think.

He convinced me to stop holding onto so much cash (5-8 years worth of expenses), and instead, like you said, just sell monthly/quarterly and cost average OUT of Berkshire. I had lots of trouble trying to time my Berkshire sales at decent valuations to refill my too large cash bucket, and lots of regret when I didn't time it correctly with such large sales. I still keep 2 years in cash just as a pacifier, but selling small amounts usually quarterly is much easier on my brain now.

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