Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Again, you make more silly allegations, yet fail to provide any proof. You are a complete joke.
The proof is easily available to anyone who knows how to perform a Google search. Pull up the retirement study at John Greaney’s web site and see if it contains an adjustment for the valuation level that applies on the day the retirement begins. The answer to that inquiry tells you what you need to know about the Buy-and-Hold “strategy.”
My sincere take.
Rob


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