With another strong year in the stock market, it’s time for investors to celebrate! While marveling at the growth of your portfolio is satisfying, a more rewarding way to celebrate is to actually spend some of those phenomenal returns on things that bring joy and fulfillment.

Stocks, by themselves, provide no utility. We invest in them for a purpose—whether it’s financial security, achieving a specific goal, or simply enjoying life. If you’ve reached or surpassed your financial goals, selling some stocks occasionally to fund your desired lifestyle makes perfect sense.

The challenge for many investors is that we love making money so much, we hesitate to ever sell. Over time, this mindset can turn us into wealthy misers, hoarding wealth but never fully enjoying the fruits of our labor.

When I turned 45 in 2022, I decided to be more intentional about decumulating wealth. Shifting gears after a lifetime

Keep reading this article on Financial Samurai.

Leave a Reply