I am a fan of Paul Belanger (BelangP youtube channel). Just got his book and so far so good. Still gettting through the basic economics and monetary policy stuff in the first few chapters but do not want to skip over it. Its a good refresher.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Tue Sep 16, 2025 2:58 pm
by Jack Jones
ppnewbie wrote: ↑Thu Sep 11, 2025 5:32 pm
I am a fan of Paul Belanger (BelangP youtube channel). Just got his book and so far so good. Still gettting through the basic economics and monetary policy stuff in the first few chapters but do not want to skip over it. Its a good refresher.
It's a good one. I've returned to it several times, which is more than most investing books I read.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sun Sep 21, 2025 5:29 pm
by dualstow
I wish I had striven harder for the 100-ounce goal he mentioned in a youtube video.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sun Sep 21, 2025 7:27 pm
by yankees60
dualstow wrote: ↑Sun Sep 21, 2025 5:29 pm
I wish I had striven harder for the 100-ounce goal he mentioned in a youtube video.
Agree, it was an interesting read.
My opinion fwiw,
1. If you are going to live off dividends and pass your portfolio down to your heirs, its a good approach
2. If you have no heirs and plan to spend down your portfolio, then the Permanent Portfolio is a good approach
Re: Paul Belanger Book Evidence Based Wealth
Posted: Mon Sep 22, 2025 6:35 am
by dualstow
that meme is perfection. So true!
Re: Paul Belanger Book Evidence Based Wealth
Posted: Mon Sep 22, 2025 1:39 pm
by Jack Jones
https://www.reddit.com/r/Fire/comments/1mdxtvy/comment/n65msbz/ wrote:But what you get with the dividend approach is that the corporate executive managers themselves are using their knowledge to help you decide how much corporate income can be spent without sacrificing the future operations of the companies. In other words, selecting solid mature companies and only spending the dividends shifts the problem of how much you can spend from you to the executives that are hired to run the businesses.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Mon Sep 22, 2025 3:10 pm
by dualstow
I started with a dividend approach before Bogleheads. It just seemed like a ‘can’t lose’ approach and it probably is. However, I’ve pared those holdings down over the years to buy index funds, which did way better. So dizzy Hank may have a point.
I still appreciate the yield on what’s left. Now that I’m ready for the market to crash (again), those simple dividend aristocrats look attractive again.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sun Sep 28, 2025 2:12 am
by ppnewbie
It’s funny I was thinking about the 100 ounces of gold bullion a few days ago. It would have been so cheap to accumulate that over the last -25 years.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sun Sep 28, 2025 2:18 pm
by dualstow
I made it to about 70 oz, not bad. Plus some numismatic gold that I bought from my father.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sun Sep 28, 2025 9:33 pm
by ppnewbie
Actually I will correct my post. I was thinking about 1000 ounces and how easy it would have been collecting that over the last 25 years.
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sat Oct 04, 2025 4:33 am
by Hal
Happened to watch a BelangP video today. Below is a good summary of his approach.
But.... would not have wanted to be using his methodology in Japan
Re: Paul Belanger Book Evidence Based Wealth
Posted: Sat Oct 04, 2025 7:02 am
by I Shrugged
Hal wrote: ↑Sat Oct 04, 2025 4:33 am
Happened to watch a BelangP video today. Below is a good summary of his approach.
But.... would not have wanted to be using his methodology in Japan
Everyone treats the recent Japanese results as though they cannot happen again somewhere, but….
that meme is perfection. So true!