Paul gets an email from an investment firm titled “Make Sure Your Investment Portfolio Isn’t Collecting Dust.” Paul talks about the difference between selling and buying as a means to rebalance your portfolio and market timing, which is what this email is recommending. Paul’s advice: Don’t be afraid of a little dust on your portfolio because buying and selling investments to keep your portfolio “fresh” is a strategy that works for investment firms, but doesn’t work for you. Later in the episode, Paul explains what full insurance coverage really looks like and how insurance works to protect your savings in a similar way that a moat protects a castle.
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