From my observation, the objection with DGI has nothing to do with inflation and everything to do with asset gathering.
Self-directed investing is a dannnnn-gerous concept to those who earn their living by convincing people of a nobel-prize winning method that "beats 70 percent of wall street money managers" or whatever the industry propaganda says. I remember the days of high inflation when mutual funds and insurance company literature promised those same double-digit returns, hypothetically of course.
And what IF interest rates return to double-digits? Well, that probably won't be good for stock funds, and it definitely won't be good for bond funds. And it will be a tragedy for anyone holding today's US treasuries. And what about real estate? Try and get a mortgage at double-digit rates. Okay, it MIGHT be good for gold holders, but that too is debateable.
MPTers are close-mouthed about their actual returns. I never could get any sort of real return numbers out of the two Larrys. Nary a trace of a return on their websites, they either just pointed me to past performance of a basket of index funds and ETFs, or told me to send them an email. Like I'd give those guys my private email addy.
While Toledo googles "Ronaldo" (he'll probably come up with the Brazilian Ronaldo, who retired last year from Corinthians), I like Ronaldo. He's great on ball and has a devastating shot, but he's no Messi, the best (IMHO) since Maradona. Ronaldo also has a tendency to take dives. Messi's never taken a dive in his life.
Thanks. I frankly haven't paid much as much attention to his rapidly-changing life story as I should have done.
I'm usually here multitasking, IE drinking coffee, eating sandwiches, watching the market, drinking more coffee, researching stocks and options, watching the Fox Soccer channel. AND commenting on SA. And not necessarily in that order, especially when the Champions League games are on.
Don't expect any actual examples of actual returns or where he puts his money, especially if he's a RIA and has to obey those SEC compliance rules....
When do you predict this double digit inflation? Ben Bernanke wants to know so he can raise the discount and funds rates.
BTW, Ben might not pay attention to you at first - Ben doesn't listen to just anybody - but just tell him you have an MBA and read Larry S'. books. and Ben will be all ears.
I can't answer for others but I like to toy with these bozos.
I already told him I once used a strategy very similar to MPT (with poor results) but like most of the comments where people give him concrete examples, he chose to ignore it and continue on with the strawmen.
I've been using a cash flow investment method long before I discovered SA. I realize, you think that's anecdotal, but I honestly don't care what you think.
Take your backtested theories, invest all your money, then come back 20 years from now and we'll see who did better.
And correct me if I'm wrong. but it sounds like your waging a personal crusade against DG. Did some DG investor pi$$ in yor cornflakes?
It's hard to argue with the impeccable logic of backtested, monte-carlo'ed, nobel-prize winning, portfolio theories taught in business school......
but that never stopped me, I like poking holes in theories.
I'm comfortable with market volatility. I can make money in up markets and in down markets, despite what the esteemed theoreticians try to sell to the risk-averse public.
And yes, dividend strategies create a very stable dependable income stream in retirement, one far more reliable than selling off some portion of assets which are at the mercy of market fluctuations..
And before the usual strawman arguments get voiced (Toledo, this means you) , a core holding of dividend stocks doesn't preclude one from also owning bonds, cash. gold, real estate, tulip bulbs, etc..
A New Take On The 4% Rule [View article]
From my observation, the objection with DGI has nothing to do with inflation and everything to do with asset gathering.
Self-directed investing is a dannnnn-gerous concept to those who earn their living by convincing people of a nobel-prize winning method that "beats 70 percent of wall street money managers" or whatever the industry propaganda says. I remember the days of high inflation when mutual funds and insurance company literature promised those same double-digit returns, hypothetically of course.
And what IF interest rates return to double-digits? Well, that probably won't be good for stock funds, and it definitely won't be good for bond funds. And it will be a tragedy for anyone holding today's US treasuries. And what about real estate? Try and get a mortgage at double-digit rates. Okay, it MIGHT be good for gold holders, but that too is debateable.
A New Take On The 4% Rule [View article]
MPTers are close-mouthed about their actual returns. I never could get any sort of real return numbers out of the two Larrys. Nary a trace of a return on their websites, they either just pointed me to past performance of a basket of index funds and ETFs, or told me to send them an email. Like I'd give those guys my private email addy.
A New Take On The 4% Rule [View article]
While Toledo googles "Ronaldo" (he'll probably come up with the Brazilian Ronaldo, who retired last year from Corinthians), I like Ronaldo. He's great on ball and has a devastating shot, but he's no Messi, the best (IMHO) since Maradona. Ronaldo also has a tendency to take dives. Messi's never taken a dive in his life.
A New Take On The 4% Rule [View article]
Thanks. I frankly haven't paid much as much attention to his rapidly-changing life story as I should have done.
I'm usually here multitasking, IE drinking coffee, eating sandwiches, watching the market, drinking more coffee, researching stocks and options, watching the Fox Soccer channel. AND commenting on SA. And not necessarily in that order, especially when the Champions League games are on.
Don't expect any actual examples of actual returns or where he puts his money, especially if he's a RIA and has to obey those SEC compliance rules....
Open Letter To ETF Industry: Create A Better Dividend Growth Product [View article]
Hmm, everything in your link says it's an index.
Maybe you can get a refund for your bschool tuition. It's worth a try.
A New Take On The 4% Rule [View article]
When do you predict this double digit inflation? Ben Bernanke wants to know so he can raise the discount and funds rates.
BTW, Ben might not pay attention to you at first - Ben doesn't listen to just anybody - but just tell him you have an MBA and read Larry S'. books. and Ben will be all ears.
A New Take On The 4% Rule [View article]
I can't answer for others but I like to toy with these bozos.
I already told him I once used a strategy very similar to MPT (with poor results) but like most of the comments where people give him concrete examples, he chose to ignore it and continue on with the strawmen.
A New Take On The 4% Rule [View article]
But length doesn't matter...
A New Take On The 4% Rule [View article]
Looks like I'm off your DNR list. I knew you'd come back as soon as everyone else put you on their DNR list. Hehehe.
PJs again? That's the best you can do? You're out of your league when it comes to insults. You have no idea.
BTW, I have several degrees in several disciplines and enough credits for at least two more if amassing degrees mattered to me.
I've also been investing for years, there's not much you could teach me, other than maybe how you choose your HVAC employees.
So come back when you're ready for an honest conversation.
Buh bye now.
A New Take On The 4% Rule [View article]
I've been using a cash flow investment method long before I discovered SA. I realize, you think that's anecdotal, but I honestly don't care what you think.
Take your backtested theories, invest all your money, then come back 20 years from now and we'll see who did better.
And correct me if I'm wrong. but it sounds like your waging a personal crusade against DG. Did some DG investor pi$$ in yor cornflakes?
Open Letter To ETF Industry: Create A Better Dividend Growth Product [View article]
Standard & Poor's have called the S&P500 an index since 1957, when they created it. They obviously don't realize that it's really a fund.
Toledo should probably drop them a line or something and tell them they've been wrong for 55 years.
A New Take On The 4% Rule [View article]
It's hard to argue with the impeccable logic of backtested, monte-carlo'ed, nobel-prize winning, portfolio theories taught in business school......
but that never stopped me, I like poking holes in theories.
I'm comfortable with market volatility. I can make money in up markets and in down markets, despite what the esteemed theoreticians try to sell to the risk-averse public.
And yes, dividend strategies create a very stable dependable income stream in retirement, one far more reliable than selling off some portion of assets which are at the mercy of market fluctuations..
And before the usual strawman arguments get voiced (Toledo, this means you) , a core holding of dividend stocks doesn't preclude one from also owning bonds, cash. gold, real estate, tulip bulbs, etc..
Why Caterpillar Is A Value Trap [View article]
A few weeks ago I pointed out that cyclicals (and CAT specifically) could go a lot lower before they'd become a screaming buy and you argued with me.
Well, you missed the point. Hah.
A New Take On The 4% Rule [View article]
Yes we are. And we're proving that MPT (Multiple Penny Theory) really works.
Dividends Do Matter, But There Are Two Sides To Every Story [View article]
Well thanks. Shucks. My face is turning red...