Doug chats with David about his recent transition into retirement amidst a fluctuating stock market environment. David shares his decision to sell a significant portion of his portfolio near the market’s recent bottom, discussing the impact of market volatility on his investment decisions and the balance between seeking peace of mind and maximizing returns. He also shares reflections on market timing, portfolio allocation, the importance of planning and adapting to financial uncertainties, and adjusting to life post-retirement.
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Links
Connect with David
Email:
[email protected]
LinkedIn
The New Yorker, “The Scold” (Mr. Money Mustache profile)
JL Collins, “The Simple Path to Wealth”
Kindle
Hardcover
Paperback
Audiobook
Morgan Housel
MHFI Facebook group
Doug’s site
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0:00 Introduction
2:39 David’s financial journey
6:50 Future plans & investment decisions
13:06 This time is different
19:28 Keeping cash on-hand & withdrawing
27:53 Portfolio d...