2cents2 wrote:My favorite individual stock was WWY (Wrigley). Every December I would get a multi-pack carton of Wrigley gum. Then, Warren Buffet bought the company and I had to cash in my 3 shares... no more gum.
sscritic wrote:But if you sell your winners before you die and use up your carryover losses, you don't feel so bad after you die, even if it does nothing for your heirs.
Notice that even though the all-stock portfolio lost a lot more during the tech bubble and the great recession, the all-stock portfolio never had less money than the 50/50 portfolio.
Doc wrote:ogd wrote:ginmqi: the Thau book is a definitive guide; the only other one that I'd recommend is Larry's "The Only Guide to a Winning Bond Strategy You'll Ever Need".