My father died two years ago and I was in a similar situation last year.
My sincere condolences!
My sincere condolences!
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16H
@Isus01010 And how did you organize your investments if you inherited something?
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•My case was slightly different because the estate consisted largely of a portfolio of individual shares. It was then up to me to liquidate the shares of the other heirs and incorporate the rest into my existing portfolio.
In the course of this, I switched from a pure ETF strategy to a mixture of ETFs and individual shares. I have kept some pearls with great price gains because I wouldn't be able to get them for the entry price. New capital is currently flowing into the ETFs to push the proportion of individual shares back below 30 percent.
I first entered the portfolio here a few months before I had access to the stocks. In the meantime, I worked out the strategy. When I got access, I implemented my plan quickly and unemotionally. So I bought and sold directly without timing. I would do that again
In the course of this, I switched from a pure ETF strategy to a mixture of ETFs and individual shares. I have kept some pearls with great price gains because I wouldn't be able to get them for the entry price. New capital is currently flowing into the ETFs to push the proportion of individual shares back below 30 percent.
I first entered the portfolio here a few months before I had access to the stocks. In the meantime, I worked out the strategy. When I got access, I implemented my plan quickly and unemotionally. So I bought and sold directly without timing. I would do that again
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•14H
@Isus01010 Ah, quite different, but also interesting.
I can really understand the point about "umemotional and immediate". There are soooo many rational decisions to make in this situation and I also sold my parents' house quickly, for example.
I can really understand the point about "umemotional and immediate". There are soooo many rational decisions to make in this situation and I also sold my parents' house quickly, for example.
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•Yes, I deliberately didn't memorize the prices at which I sold and then removed the old portfolio. Everything I still have is now in my portfolio. I reinvested some of it myself and concentrated on a coherent overall result. I was only too hesitant to buy the S&P 500. But even there I am now where I want to be.
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