And how much loss in value of the shares?
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@burlwater In my opinion, the question only arises if you are invested in companies that are not successful in the long term. I have no intention of ever selling a position again. As long as the investment case is intact, the dividend will continue to grow in the long term. So why ever sell?
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@KevinC I always start with the inheritance. What would come out of your estate today? A + or a - for the heirs?
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@burlwater I have book losses of more than 15% on three dividend payers. Shit Happens 🤷🏻‍♂️ It doesn't matter if they are book losses and not realized losses. Just keep investing - and simply buy more dividend-paying stocks cheaply if necessary - that's the only way to increase my passive income 😉
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@burlwater I have not set out to think about what I will inherit. I'm running to optimize my future pension through passive income. As I won't use up the capital, potential heirs can enjoy my stock market zeal 😉
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@burlwater you save for years - invest and become "richer" - your heirs squander this inheritance within a week - do I get it! No!!
@Leuchtturm Instead of an inheritance, you can also call it a sudden emergency that occurs and the portfolio has to be liquidated. For me, the price performance is part of the overall view.
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@burlwater In an emergency, you have the standard call money account and insurance policies. And if it's not enough, the heirs have to liquidate the custody account. Don't see your problem ?!?

What do you do in an emergency and the prices are in the basement? Postpone the emergency ?!?

Therefore, always save a sufficient nest egg, always invest the money so that it is available at short notice. Provide your account with a sufficient credit line, because in some emergencies you have to pre-finance large sums 🤷🏻‍♂️

Accordingly: I have everything set up for an emergency ✊🏻👍🏻
@Leuchtturm plans can change. Do you know Homo Oeconomicus? Last year he was a fan of shares, this year he wants to use them to buy a property. I'm sticking with it. 1300€ dividend but 13,000 share loss (notional) is a loss. Nevertheless, I understand your attitude.
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@burlwater Losses only occur when a sale is realized - book losses are and remain book losses. Through targeted additional buying you achieve an improved entry price and your book losses change for the better.

That's why my investments are not intended to be used to buy real estate. I have already said that they go into dividends for retirement.

There is always risk with any investment. Yes, dividends can be reduced or canceled. I am aware of that.

For myself, I've been doing quite well for years 😉
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@Leuchtturm keep your fingers crossed