Deleted User
3Yr
Comment was deleted
@BASS-T The question was how would you invest the money you had freed up as a retiree. There was never any talk of a pension.
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3Yr
@BASS-T
Why do you compare pure value stocks (substance stocks with dividend payouts) on the one hand with growth stocks (growth stocks with dividend payouts) in two asset classes? And then, with the justification of lower risk, you naturally decide in favor of individual stocks instead of ETFs. You can't compare two different asset classes with a completely different content of companies 🤨
Why do you compare pure value stocks (substance stocks with dividend payouts) on the one hand with growth stocks (growth stocks with dividend payouts) in two asset classes? And then, with the justification of lower risk, you naturally decide in favor of individual stocks instead of ETFs. You can't compare two different asset classes with a completely different content of companies 🤨
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Deleted User
3Yr
Comment was deleted
@BASS-T that is slaving around. We are talking about a retiree in an owner-occupied home. He has an additional passive income in the form of 2 condominiums. Plus 50k-70k in individual stocks and 100k in cash. That does not sound like poverty in old age.
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Deleted User
3Yr
Comment was deleted
@BASS-T a very selective reading comprehension.
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3Yr
@BASS-T We have already thought about this and in the end it will be a matter of avoiding that the money is eaten up by inflation, i.e. to at least "beat" it. In my opinion, it would also be wrong to take greater risks, since at that age one must of course always expect a stroke of fate (sudden illness and care, etc.). Due to the pension and (low) rental income, he is financially well secured, he does not pay rent himself and, to my knowledge, has no other financial obligations (e.g. loans). A real estate project is not pending, but at some point the renovation of the home will be necessary, especially in terms of energy efficiency (heat pumps, insulation of the roof, etc.). But until then, years will pass, during which inflation will eat its way through... if he tackles this at all during his lifetime.
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@McZed If the rental income is low, is it worth selling the property and replacing the rental income with dividends?
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3Yr
@KevinC if you look at it purely rationally, that could be the case, but he is also emotionally attached to the apartments and already has a hard time realizing individual stock losses... a professional investment advisor would really have to bring him to that :)
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