Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
I was going to dive deeper into that, as it sure seemed counterintuitive. Thanks. Must be historical data or something. And remember this is tax policy only, not the new punitiveness.
Obama gets military coverage, same as anyone else in the military; pays for it out of salary. I have read that the wife and kids are not on it for some reason but don't know why or the details. As for congress, oh yeah.
OJ, it is absolutely true that if you quail at a major drop, you will suffer, and ought not to have been in market in the first place. Let us assume that does not apply to sophisticated types like us :) .
Looking at the bee VTI graph I appreciate …
>> so there could be at least some variety of opinion
Too funny, imputing to me or anyone homogeneity of opinion here, of all places. As if. Do you even read the threads? Progressivism is not in any majority, it seems.
If by 'redistributio…
JC, who sounds like Savage and Levin ? Do you listen them? 'The devil in the White House' ... 'Obama is the greatest threat the Jews face ... since the 1930s' and 'Obama to go "full Mussolini" after election'. Seriously. Comical, except not. Farce r…
I don't have 4y of near cash, rightly or wrongly, maybe half that, and I pay little attention to ERs, rightly or wrongly (do feel I can defend, yeah). I study downside performance intently.
If we all get near 7% longterm from this high point, we'l…
>> anything much more advanced than multiplication and division it's sophisticated to me.
:)
I like the same thing about calculators you do --- enter data, click button.
Entirely welcome and I am certainly not the first to call attention to it here; it may even have been MJG, if not msf. Or some other worthy.
Yeah, web tools are amazing these days, just amazing, in so many respects. You done good, but I am just sta…
OJ, you and others willing to do just a little bit of input work can see how this one goes and how it varies (yes, posted more than once before).
http://www.flexibleretirementplanner.com/wp/
I do not recall that you can spec bastard surprises for…
Whether or not the current market really represents a major departure, the MC calc that MJG and I and others have pointed readers toward lets you specify low (or any) anticipated of rates of return. Fwiw.
>> A 4% withdrawal rate, with an optimal asset mix of 75% equities and 25% corporate bonds, generated a 98% success rate for a 30-year retirement period.
Would still be awfully nervewracking, I think, if your budget from investments called fo…
The Ritholtz link is simply the Bartlett paper. Amazing stuff.
Reality has a well-known liberal bias, of course.
Kelly is bright chiefly only comparatively:
http://thinkprogress.org/alyssa/2013/12/14/3066111/megyn-kelly-santa-2/
But yeah, someti…
Anna, and all,
Regarding the extreme (exponential) fungibility of debt, this from 2009 is very good and nicely explained, even though some of the points have been modulated if not superseded since:
http://www.newyorker.com/magazine/2009/06/01/outs…
Why not run all the scenarios you can stand to in
http://www.flexibleretirementplanner.com/wp/
?
I think it has mentioned here a few times. Such saving of spreadsheet and other labor.
Social policing and economic policy are profoundly linked, as the youtube misleading title tries to to point toward. Of course I read the wikip entry. You are not even giving me a chance to delve and offer something further. That's cool, since you f…
>> The only thing that's obvious is that Krugman is either an idiot or he's blatantly lying.
Wow. What a thing to write. Talk about heat instead of light.
Here:
[Fatas] Let me start with the obvious point: your debt is someone else's asset…
I sure hope this is wrong for this retiree:
>> debt free (no mortgage, no rent, etc.)
not me
>> and $3,000,000 for a couple.
whoa, less that half that
>> That's assuming your only income is Social Security
yup
>> an…
Good grief. The WoP is for the most part this huge success, with truly lousy PR.
Not opinion, evidence-based, something von Mises was in short supply of. (I don't trust my opinions myself; need to read intensively and skeptically.)
Suggest googlin…
A silly youthful libertarian-style video unworthy of someone with your decades of engineering experience.
This entry is thorough, if you're genuinely interested in the complex subject, which somehow I bet is not really the case: http://en.wikipedi…
Is this all you got? What kind of theory? The data given and analyzed are the opposite of theory.
It is not a matter of agreeing with me, for heaven's sake. You make it personal and cultish, and I gotta wonder why you would do that. A matter of my…
Jeez, nothing like sarcastic preemption to cloud the facts.
No one says enormous sustained financed spending (on anything, not just infrastructure, it could be on unneeded weapons) at multiples larger than productive economic activity is a good id…
Please don't bring in 'national debt', it completely misguides the argument about individual worth, has no bearing on this discussion, and is not at all like what most people think anyway. We have been over this before here: it is money owed to ours…
ooh, 'set to explode'. Guess we better panic.
http://www.salon.com/2015/04/24/paul_krugman_on_the_gops_zombie_apocalypse_chris_christies_social_security_plan_is_exactly_this_bad/
http://www.nytimes.com/2015/04/24/opinion/paul-krugman-zombies-of-20…
Some history and context:
http://www.washingtonpost.com/business/economy/maximizing-shareholder-value-the-goal-that-changed-corporate-america/2013/08/26/26e9ca8e-ed74-11e2-9008-61e94a7ea20d_story.html
http://www.washingtonpost.com/blogs/wonkblog/w…
Y'all are inferring all sorts of things he does not say, and when I went to his other articles, insofar as they are findable, there is little there. Why do it if you do not need to? Why not let it grow and do the other cool things cited here with yo…
>> “If you don’t need the money, take it early,” advises Bach. His reasoning is “at 62, 63, 64 – you’re in the best shape of your life…there’s so many things people in their 60’s can do to enjoy that money so if you don’t need it, I suggest ta…
@msf:
Thanks much again for detailed calcs and for your last three paras. The responses make it clear that some still do not really get the points.
I do think smart the notion of period valuation and weighting, extra moneys overvalued for when yo…
sorry, found this:
http://www.politifact.com/truth-o-meter/article/2013/feb/01/medicare-and-social-security-what-you-paid-what-yo/
Fascinating, and generally quite contradictory of your assertion.
See also
http://www.washingtonpost.com/wp-dyn/co…
>> Just because.
No. It's really not personal to you. They're following a bunch of regs/laws and policies/procedures. Not chopbusting or toying with you on account of principle.
I have good (meaning efficient, accurate, helpful) phone experi…
>> The problem is systemic. And brainless geeks put it together in such a way as to make everything as difficult as possible, rather than to SERVE the public.
Such bullshit. Such.
Fwiw, I had a few phone interactions in my recent SS filings,…
