RE:RE:RE:RE:From #1 to bottom of the heapHey Bossu
Thanks on the comments. I am very pleased with our investment strategy. It took a while to develop (mostly 2012-2014) but we are where we want to be. As an aside, I actually devloped it on my own with my own research before Henry Mah wrote his book. It's just a coincidence (and a great confirmation) that we ended with an almost identical approach.
We never have to worry about stock prices so a potential crash doesn't mean a hill of beans. I don't think this is an age thing at all. In fact, I have instructed my wife and son in my financial letter to just leave everything as it is if I pass away first, There is absolutely no need to sell anyhting until both my wife & I have passed away.
It is very relaxing ans tress free to not have to worry about stock prices.
Ciao
Sarge
bossu wrote: Serge,
The way you are managing your investments is a good model for many investors that are reading all kind of ''stuff''on the bullboard.
Yous are a value investor and all your investments are based on companies that pays steady and growing dividend and of course with excellent balance sheet '
The sectors you are investing like the banking sector / utilities like FTS or EMA and others in the pipeline sector are very good .
The reward is steady on a yearly basis but when you look at the market value of your investment the variation up or down does not seem to bother you because of you time frame horizon.
As far as i'm concern I'm now 65 % cash with a mere 1% yield but the 35 % is exposed to some utilities and half in the gas sector to improve my 45 % price appreciation in my porfolios since the beginning of 2021.
In my mind the market is overprice and due for a correction and nobody know when the melt down will happen,
Thank you for your suggestion about Henry Mah's book and it could be a good reading for many bullboard readers.
Time is running out for me and just try to ''preserve'' and improve what I have in the Stock Market for my estate and easy to liquidate.