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Re: Advice on maxing out NISA

Posted: Sun Aug 18, 2024 3:18 am
by RetireJapan
trajan wrote: Sat Aug 17, 2024 6:10 pm
RetireJapan wrote: Fri Aug 16, 2024 11:53 pm
trajan wrote: Fri Aug 16, 2024 9:26 pm Thanks. Consider you "thumbed up".

What's the rationale for this single diversification? Returns? Safety? Stability?
Laziness mainly 😅

I think my main approach going forward is going to be mostly global stocks with a big cash position to balance it out.
Forgive my ignorance but, what do you mean by "a big cash position"?
Several years worth of living expenses. Means we wouldn't need to sell stocks when prices are down.

Re: Advice on maxing out NISA

Posted: Sun Aug 18, 2024 9:19 am
by trajan
RetireJapan wrote: Sun Aug 18, 2024 3:18 am
trajan wrote: Sat Aug 17, 2024 6:10 pm
RetireJapan wrote: Fri Aug 16, 2024 11:53 pm

Laziness mainly 😅

I think my main approach going forward is going to be mostly global stocks with a big cash position to balance it out.
Forgive my ignorance but, what do you mean by "a big cash position"?
Several years worth of living expenses. Means we wouldn't need to sell stocks when prices are down.
Makes sense. Basically a bank account or short-term JGB's.