One of my most important rules for financial planning is never have to be selling equities to meet income needs. You never want to put yourself in a situation where you need to sell when the markets are down, like now. That turns a paper loss into a realized loss and the ripple effects can be devastating for your financial health.Q1 2020 hedge fund letters, conferences and moreHowever, no matter how well you plan your cash flow, a Black Swan event, like what we are currently experiencing from the Covid-19pandemic, is potentially going to throw a monkey wrench into your plans. Your normally tru…