“I Don’t Think That It Makes Sense to Commit Criminal Acts Because Someone on the Internet Has a Different Opinion Than Yours As to How Stock Investing Works”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

Not a smart thing to be living out a fairytale as a retirement strategy. You might as well be telling people that you are waiting for the next rainbow do that you can collect your pot of gold.

I don’t think that it makes sense to commit criminal acts because someone on the internet has a different opinion than yours as to how stock investing works, Anonymous.

I believe that the last 37 years of peer-reviewed research is legitimate research. I believe that Shiller’s Nobel prize was well-deserved. I believe that valuations affect long-term returns. I believe that stock investing risk is not static but variable. I believe that the safe withdrawal rate is a number that varies with changes in valuation levels.

So that’s what I say. If I say things that I don’t believe re these matters, I could hurt people very seriously A failed retirement is a horrible life setback. Financial fraud is a crime, a felony. So I could go to prison if I lie about these matters.

No thanks, you know? Not this boy.

I wish you all good things. But there are limits.

Rainbow-Chasing Rob