AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Importance of Intermediate Term Savings
The author is buying his second house, which will close in July. And then when it's time to make that purchase, he does sell the portfolio down and take the money out for that down payment on a house. Historically, their drawdowns, in terms of time, have only been a max of three to four years. A standard kind of sixty-fourty portfolio or stock bond portfolio have been over a decade.