Although we strongly recommend a simple buy and hold strategy of several diversified ETFs in a portfolio, we all made the mistake of individually picking a few stocks. Some have been more successful than others. Likely, you might still hold a couple of loss-making stocks. Understanding when you should sell them is critical to maximize their net value, and reduce your taxes, although they are not worth much.
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Build a consolidated view of all your assets (multi-currency and multi-location) in a single FIRE wealth management tool for FREE, and estimate your monthly Safe Withdrawal amounts based on CAPE ratio.
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Although our asset mix, portfolio value and CAPE ratio evolved over time, Big ERN’s Safe Withdrawal Rate formula helped us navigate through the past turbulent 3 years, and strategize our distribution strategy. Portfolio valuation needs to be examined with the CAPE ratio to be meaningful.
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