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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Cardude   😊 😞
Number: of 15065 
Subject: Re: Have about 2.5 years of cash left for expenses
Date: 07/08/2023 8:16 PM
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Jim,

Thanks for the reply. I once kept a ridiculous 10 year cash cushion, but I think you are the one who told me that was dumb.

I am trying to evolve my thinking like yours: if I have to sell some at a less than perfect valuation for a period of time, my low withdrawal rate means that I won't be pulling that much out so it should't kill me.

I've been trying to sell bigger chunks at 1.5x peak book value, but that was requiring me to keep a larger cash cushion than I really wanted to, and really sell more than I wanted to.
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