[quote=Reality][quote=plm]
Actually I think that selling and buying back later at a lower prices is a way to have even better returns but much riskier since you have to time the market properly. Isn’t it safest to buy and hold and just don’t sell when they market crashes?[/quote]
What if when you need retirement income coincides with the crash?[/quote]
Thats why I buy for total return including growth and income. If they maintain/grow their dividends I’ll never have a need to sell anything. I also have solar (no electric bill), drought tolerant landscape (minimal water bill and no landscaper), house close to paid off w/ 1999 tax basis (minimal housing expense), tesla (no gas bill) etc. Oh and I have a very full wine cellar:)
