Okay thanks. Whether or not we believe there was fraud in 2020, the reality is that unless the country can be assured that elections are legit and FULLY AUDITABLE, we are going to have a real problem going forward. I agree with you on the fully auditable part, but Trump himself is largely responsib...

Look at it this way: Trump has exposed a flaw in the system. Let's button it up so that a narcissist like him can't make the outlandish claims he's making. My biggest fear is that neither party actually wants 100% verifiable elections so that they have room to claim "fraud" when they lose...

Okay thanks. Whether or not we believe there was fraud in 2020, the reality is that unless the country can be assured that elections are legit and FULLY AUDITABLE, we are going to have a real problem going forward. I agree with you on the fully auditable part, but Trump himself is largely responsib...

That really is the whole point of the PP, isn't it? PP investors tend to be self-selecting conservative, defensive stewards of their wealth for a reason. PP investors are more inclined to look at investing as putting aside surplus capital today and anticipate that having maintained its purchase pow...

Not quite MJ. Per PV... As a general rule on several average rolling year computations equities outperform gold 1.5 to 2x in CAGR (gold lovers...this should get your attention) For the last 3 years rolling equites/gold 9.52/8.54% For the last 5 years rolling equities/gold 10.48/7.31% You're correct...

Switching gears a bit. Do any of you guys use a financial planner? If so, why or why not? Would you be willing to pay 150 basis points on AUM? Seems awfully steep to me. The planner was proposing two 90 minute meetings per year in exchange for that 150 bps. The minimum investment is $250,000, so th...

Switching gears a bit. Do any of you guys use a financial planner? If so, why or why not? Would you be willing to pay 150 basis points on AUM? Seems awfully steep to me. The planner was proposing two 90 minute meetings per year in exchange for that 150 bps. The minimum investment is $250,000, so th...

joypog wrote: ↑Sun Jul 17, 2022 6:04 pm

Smith1776 wrote: ↑Sun Jul 17, 2022 5:50 pm lol i have a feeling that Led Fridman will be a forum inside joke for a long time to come.

I remember listening to Led Fridman II on repeat before breaking up with a girlfriend in college. The good old days!

LFII is a good album, but I've always thought LFIII and Presents were the best.

I don't get why the poor relative has gotten so much flack. The relative in question is doing so well that he doesn't ever look at his portfolio, so lets assume that his pre-retirement savings was quite healthy. Looking at on the longterm trends it seems that the SP500 typically yields about 4.4% -...

OK, I can't let this one go. This one post possibly highlights the limits of your critical thinking skills more than any other. You are boring the shit out of me . So you're saying you splatter word salad all over everybody's threads out of boredom? Let's hope I can bore you so much you run out of $...

mathjak, I respect your knowledge and your contributions to discussions, but I must admit that I agree with the assertion that you have a propensity for derailing threads. Just looking at his posts from the past couple of days: 1. He's posted a link to an article (that didn't really address the ori...

You can do it the same as funds do . Regardless, why did you make the comment, point blank, that 'Funds also can do something you can’t do with individual bonds and that is called ride the yield curve;, a direct quote from your post. Still waiting on an answer here Mathjak. Please provide us with a...

Others can decide if what i said was wrong . You are just argumentative and a dick . You clearly implied I said something that I didn’t. . Clearly don’t understand spending down to live is based on portfolio value not dividend spending Clearly like to harp on what you can construe as false but is s...

You are boring the shit out of me . No I never said. A 1.80% draws is dangerous nor did anyone say that is what we are talking about ..there are no specific amounts discussed so it is all just general advice I am tired of responding too your argumentative posts . I will not respond to you …bye Well...

I said it .. as an example one cannot blindly spend dividends to live on with out knowing the rate of the draw and how much may have to be reinvested to keep to a safe draw rate. When one is drawing an income to live it is advisable that they know their draw rate and not blindly pull money OK. So y...

Right here . If you have to sell shares for income, do you know whether remaining shares are going to rise or fall with the level of certainty and precision that a dividend investor knows what his dividend take will be next year? And where is he claiming that a 6% withdrawal rate is a 'safe withdra...

My beef is that anyone who is living off dividends especially while retired is blindly spending money at a draw rate that they have no idea what it is . Without looking at value one has no clue what they are pulling out …it is way to easy to draw more then it can support. Just because I can put my ...

Stop your worthless babbling already. You can be a real dick and add no value at all to any conversation other than argue So far there is nothing to be learned from your posts at all There's plenty to be learned from my posts by other people. Countering your misinformation is of value to other peop...

So dividends are a withdrawal method , the company does it for you I haven't said anything that contradicted that. And, what's your beef with jalanlong's friend's strategy, if all he's done is chosen a particular withdrawal method? Mathjak is a perfect example of someone who has accumulated a lot o...

Pay attention . I am not claiming anything . Portfolio labs gives the results daily as well as they include a quarterly rebalance so they are not just individual returns ytd with the pp. Got a gripe ,. Complain to them , not me They're not the ones coming on this website and spouting their informat...

the gap widens as the pp falls farther behind the others in the downturn portfolio labs shows pp ytd down 15.81% wellesly down 9.80 insight income down 10% OK, the more I look at this the more I realize you're just a mathematically challenged individual (witness your inability last week to figure o...

the gap widens as the pp falls farther behind the others in the downturn portfolio labs shows pp ytd down 15.81% wellesly down 9.80 insight income down 10% This information for PP doesn't match what's shown on Yahoo Finance or Google Finance or any other site that I looked at. I'm getting roughly 1...

You can do it the same as funds do . Correct, which is the method usually used for individual treasury purchasers using the PP approach. Buy at 30, sell at 20. Regardless, why did you make the comment, point blank, that 'Funds also can do something you can’t do with individual bonds and that is cal...

Funds also can do something you can’t do with individual bonds and that is called ride the yield curve https://www.kitces.com/blog/how-bond-funds-rolling-down-the-yield-curve-help-defend-against-rising-interest-rates/ Do you care to offer an explanation of why this can't be done with individual tre...

I've personally decided to eschew personal significant involvement in Bitcoin at the portfolio level. I'll stick with gold. Gold has the multi-millennia history of being a monetary asset, and it's unique in that it's physical instead of digital. The massive telecom outage that happened here in Cana...