I’ve posted Entry #18 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called Knowing the Mathematics of Investing Hurts More Than It Helps.
Juicy Excerpt: Nine out of ten investors use mathematics not to develop sound strategies but to develop rationalizations for making emotional choices that they couldn’t bear to follow if not the for the “support” offered by mathematics. Investing mathematics is not real mathematics. It’s a game. The aim of investing mathematics is not to uncover realities. It is to cover up realities.
Evidence Based Investing says
re: your tweet about Frugal Dad.
“FrugalDad.com just turned three years-old. In those three years we’ve seen 1,000 posts, 22,480 comments, and over 4 million visitors to the site. Frugal Dad has also attracted over 11,000 subscribers.”
Impressive stats, it shows what can be achieved by a single person blog.
Rob says
Sure.
Your suggestion is that I could have those numbers if I were willing to post dishonestly on safe withdrawal rates, Evidence. No deal. Many of the people in all of the various communities are friends of mine. I view a failed retirement as a serious life setback.
I’d be grateful if you would try to find someone else.
Rob
anonymous says
holy cow, that’s not a problem with the mathematics! most people badly need to learn to do more!
Rob says
Thanks for sharing your thoughts, Anonynous.
I do of course agree that mathematics is a good thing and that it would be a plus if we all could do more of it. It’s just the way we make use of it in the investing realm that rubs my fur the wrong way. Grrrrr!
Rob