3Semana
Thank you for sharing and first and foremost for the detailed description. All the best for your health!
You don't want a complicated strategy, but you have lots of different ETFs. I am convinced that you could reduce these in a targeted manner. Regarding Bitcoin, you should consider whether you really trust Binance in the long term.
Selling everything, reallocating and paying lots of taxes doesn't make sense. It is much better to simply sell shares than to bet on dividends. When you want and how much you want. You are much more flexible than with dividends.
You don't want a complicated strategy, but you have lots of different ETFs. I am convinced that you could reduce these in a targeted manner. Regarding Bitcoin, you should consider whether you really trust Binance in the long term.
Selling everything, reallocating and paying lots of taxes doesn't make sense. It is much better to simply sell shares than to bet on dividends. When you want and how much you want. You are much more flexible than with dividends.
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@DonkeyInvestor thanks for the feedback! yes i want to simply a bit once all the money will be transferred, with few etf. About the bitcoin, quitting binance you prefer an etf of a real holding? regarding the dividends i'm quite agree with you: if the world keep offering an avg 9% return and you can live off selling a 4%
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@Investedelycs Regarding Binance: Either a hardware wallet or store it on an exchange that you trust. That could be Binance. But it wouldn't be my exchange of choice for larger amounts
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3Semana
@DonkeyInvestor just to satisfy my curiosity, why are you holding distributing etf? 🥕 here a carrot to pay my debt for asking
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@Investedelycs Isn't that in my post that you referenced? Never mind. I hold distributing ETFs because I would very likely have a psychological problem selling shares when prices fall. It's not rational, but it's important for my mental health. Besides, it's not that much worse to hold a distributing ETF.
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