Bucket strategy
Risk & psychologySplitting a corpus by time horizon so near-term spending never depends on volatile assets.
In plain terms
Two years of spending in cash, the next few in debt, the rest in equity. You are never a forced seller.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Splitting a corpus by time horizon so near-term spending never depends on volatile assets.
Two years of spending in cash, the next few in debt, the rest in equity. You are never a forced seller.