No. of Recommendations: 7
“does the current price of Berkshire seem like a reasonable price to sell, or am I selling too early?”
Cardude, I appreciate you sharing your thoughts and situation. We are also drawing down (mainly from our Berkshire). We trimmed a bit more @$549 to provide an extra 4 months cushion (beyond our emergency Treasury MM funds). I’ve always leaned towards Not selling & letting it compound, regardless of valuation.
Yet if we climb up to P/Peak BV of 1.65 or 1.7, I think we’d likely trim enough for several more months expenses but not sell off too big a chunk. Patience and discipline have served us well.
Agree wrt LTCG will likely rise & it IS very hard to sell Berkshire when we’ve accumulated it for decades, even though that is all part of the thoughtful game plan! Please share what you elect to do.
