<div class="bbWrapper"><blockquote data-attributes="member: 98573" data-quote="OleksiyRybakov" data-source="post: 967469"
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data-content-selector="#post-967469">OleksiyRybakov said:</a>
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I suppose that indeed, I phrased one thing incorrectly. Here is the official version of the rule:<br />
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"The three-three rule says that if any of your investments, whether they be stocks or bonds, appreciates unrealized gains greater than or equal to three years in dividends in any three-month period, SELL and take the profits".<br />
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What should be sold is not the entire asset but the part of the asset which is equivalent to the three years of dividends.<br />
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But is this advice good for more volatile assets as well?
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</blockquote>I think you might be overthinking it.<br />
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And it's obviously not going to work for assets that don't pay dividends.<br />
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You can come up with your own ideas based on this, like with real estate appreciation, if it goes up more than 3 years cash flow, sell, or whatever. It should just get you thinking. It's a rule MJ came up with himself.<br />
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The whole point is to recognize when you have an above average gain. I don't know how you do that with something like crypto, when there is nothing to base it off of. If you want to try, use your imagination. Personally, I'd stick it in the "FU pot" or "speculative" pot and be done with it.</div>
