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Personal Investments • Take some money off the table?

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but don't confuse information with knowledge.

having information means you're not ignorant, but it doesn't translate into better investing. Information is quickly priced in before you can act/profit on it. So news is not helpful because you can't act on it quick enough and you don't know anything anyone else doesn't already know.
EMH is real, yes.

But I think that's completely orthogonal to taking 1% of your portfolio in profits to give to your kids.
I don't currently reinvest my dividends from equity so I'm taking a bit more than 1%. But I'm also not rebalancing.

Statistics: Posted by jebmke — Sun Dec 01, 2024 5:52 am — Replies 79 — Views 7880



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