Now that we know the mindful contents and approximate amounts (time spans) for each bucket, Article 8.4 (coming soon) puts it all together into a mindful
bucket investing plan for the «old» investor.
Article 8.5 will also present some broad guidelines for when to convert ballast to stocks as market gyrations unfold during implementation of your Mindful
Bucket Investing Plan for the «old» investor.
Now that we know the mindful contents and approximate amounts (time spans) for each bucket, Article 8.4 puts it all together into a mindful
bucket investing plan for the «old» investor.
We still have some details to work out for our mindful
bucket investing plan to be fully implementable.
Not exact matches
As far as
investing, our
plan of action is to continue maxing out retirement accounts, while saving for the house and fulfilling the rest of the
buckets we deem necessary to retire early.
As I discussed in the mindful
bucket plan for «old» investors in Article 8.4, one of the best ways to guard your portfolio early in the withdrawal phase is to have a
bucket of cash handy to
invest after market crashes.
That
plan involves reserving a relatively small
bucket of cash (about 20 % of the overall portfolio) to
invest if / when a large market decline occurs, which we have now defined as a decline greater than 35 %.
Likewise, the mindful
bucket investing and withdrawal
plan still makes sense to me.
What sounds like more fun to you —
investing in stock with a cutting - edge company or «
investing» money in a
plan that's all based on whether or not you kick the
bucket?