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The Water Cooler
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<blockquote data-quote="jakeman" data-source="post: 3862621" data-attributes="member: 10690"><p>I’m retired, but I’m doing some side consulting and inspection gigs. </p><p></p><p>My retirement portfolio is in 3 categories. Equities, ETF index funds and cash & cash equivalents. I’m drawing from the last one, so I’m not selling anything right now to draw a monthly income, so as far as I’m concerned this crash isn’t really impacting me immediately. What I am doing is continuing to draw, but my side income is going into the market. It’s a fire sale, I’m buying. I wish I was still working so I was buying every 2 weeks. </p><p></p><p>I asked my guy how he wanted to do it, and he said we could still make the regular draws, and invest the new income and that was a better option. </p><p></p><p>Damn if I know, but I don’t worry about it. I’m paying him to worry about it. If I don’t make money, he don’t get paid. I’m down with whatever he wants to do. I figure what’s good for him is good for me.</p></blockquote><p></p>
[QUOTE="jakeman, post: 3862621, member: 10690"] I’m retired, but I’m doing some side consulting and inspection gigs. My retirement portfolio is in 3 categories. Equities, ETF index funds and cash & cash equivalents. I’m drawing from the last one, so I’m not selling anything right now to draw a monthly income, so as far as I’m concerned this crash isn’t really impacting me immediately. What I am doing is continuing to draw, but my side income is going into the market. It’s a fire sale, I’m buying. I wish I was still working so I was buying every 2 weeks. I asked my guy how he wanted to do it, and he said we could still make the regular draws, and invest the new income and that was a better option. Damn if I know, but I don’t worry about it. I’m paying him to worry about it. If I don’t make money, he don’t get paid. I’m down with whatever he wants to do. I figure what’s good for him is good for me. [/QUOTE]
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