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Great post, important for anyone with a long horizon to pay attention to the details listed!

Then again for income investors like me (Bj76), it's not about price appreciation but about capital preservation with distributions if possible, 6-12%/a
This works great today, and is also easy to implement for a time horizon of 10 years.

For all youngsters, it is much better to focus on growth...
Only reallocate later.

GLTA
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@Beeferking76 What does your portfolio or strategy look like as Bj. 76?
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@ElMajor e.g. invested in $SPYI $QQQI $IWMI $PBDC $PFFA $BME $SVOL $XEI $STW $CHDVD $NETL $RFI $CLOZ $JBBB, something more specialized with $FSFL $BRLA $BRWM and something typical like $VICI
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Thank you Peter, very interesting. Are you already living off the "income" or are you planning for a "regular" retirement in your mid-60s? I'm 75 and am thinking about when I should switch from the broad world to income or bonds. So far I'm sticking with the world, but I haven't read up on the other two areas either and I have the feeling that I'm leaving too much return behind 15 years earlier...
Where and how did you get yourself in shape?
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@ElMajor It will take another 10 years, maybe less, to cover family expenses. Everything is reinvested, and everything that is left over from the salary at the end of the month is invested, so there is a little more payout every month. Taxes have to be deducted, but it's still insanely fun to watch it grow every year. I switched to income investing in 2019 after leaving a lot of money in BioTech, among other things. Self-taught via YT and SeekingAlpha (have booked a subscription).
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