We've come up with a pretty
mindful investing plan for the «old» investor.
For the young investor, as presented in Article 8.1, the most
mindful investing plan is to simply buy low - cost stock funds at regular intervals when long - term money becomes available, hold those investments until retirement (or similar spending phase), and ignore market gyrations entirely.
Not exact matches
But a
mindful approach to
investing can also help us formulate more rational
investing plans in the first place.
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.
We still have some details to work out for our
mindful bucket
investing plan to be fully implementable.
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.
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.
Likewise, the
mindful bucket
investing and withdrawal
plan still makes sense to me.
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.
This in turn helps the
mindful investor continue with long - term
investing plans and avoid emotionally driven decisions like panic selling.