Certainly your NW is a lot bigger than mine, but it’s an interesting exercise (or mental accounting!) so here’re a few thoughts, or rappen:
- you quickly accumulate diminishing returns the larger your NW is, in combination with
- you also quickly accumulate opportunity cost in terms of dividends the larger your dry powder pile becomes, and the length of holding it
- it’s still feelgood to buy at a discount!
- it’s a good opportunity to lever up, if leverage is not your baseline, as @Tony1337 had pointed out here
But you know all this already!
Any suggestions for consideration?