About this episode
Doug chats with David about his recent transition into retirement amidst a fluctuating stock market environment. David shares his decision to sell a significant portion of his portfolio near the market’s recent bottom, discussing the impact of market volatility on his investment decisions and the balance between seeking peace of mind and maximizing returns. He also shares reflections on market timing, portfolio allocation, the importance of planning and adapting to financial uncertainties, and adjusting to life post-retirement. Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/ Need a fee only advisor? Nectarine is a network of financial advisors where you just pay for investing & planning advice. Advisors don’t manage your money, sell products, or earn commissions. https://milehighfi.com/nectarine Curious to know exactly what products Doug uses? Check out his Amazon lists below. *Affiliate links below, so if you buy something or spend money, we might earn a commission. That helps the show and doesn’t cost you anything extra. Thank you! Guitar Accessories Hiking & Outdoor Essentials for Sleep Want to order MHFI stickers/temporary tattoos or create your own custom stickers? Of course you do! We ALL do! Order them here using our affiliate link so that we might earn a commission: https://www.stickermule.com/dougcunnington Links Connect with David Email: davidrmoser@gmail.com LinkedIn The New Yorker, “The Scold” (Mr. Money Mustache profile) JL Collins, “The Simple Path to Wealth” Kindle Hardcover Paperback Audiobook Morgan Housel MHFI Facebook group Doug’s site Check out Producer Chris’s new blog: Epic Financial Journey — Join the Mile High FI Club – It’s the email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals. ** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles Email the show: doug@milehighfi.com 0:00 Introduction 2:39 David’s financial journey 6:50 Future plans & investment decisions 13:06 This time is different 19:28 Keeping cash on-hand & withdrawing 27:53 Portfolio diversification 32:34 Contingency plans & advice for others 39:44 Life after retirement 45:16 Soundcheck – Credit card points