Ramin Nakisa
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, because I've worked out that that'll get me to where I need to be because I'm there already.
So it'll just get me deeper into OK territory.
But if there is a huge fall in the equity market,
I could live off the 40%.
If I had zero income tomorrow, I could live off that for quite a long time because it's a fair old chunk of money and I don't spend that much.
So I think that's the way to think of it.
Is it linear on the way down as well?
Roughly, yeah.
Yeah.
I mean, if it's just a one-off shock, yeah.
So I just take 60% of the hit rather than 100%.
Yeah.
And this is what worries me.
And that affected my choice of the bonds I chose.
So you're right.
I mean, usually bonds and equity, they go in opposite directions.
So good economic news, good for equity, bad for bonds.
Bad economic news, good for bonds, bad for equity.
That's the usual situation.
But...