“Say That There Is a 1-in-100 Chance That I Was Right That the Greaney Study Lacks an Adjustment for the Valuation Level That Applies on the Day the Retirement Begins. If That Is So, Then We Should Be Discussing That Question at Every Discussion Board and Blog on the Internet on a Daily Basis. It Wasn’t Just Greaney Who Made That Mistake. The 4 Percent Rule Was Everywhere. There Were Thousands of Newspaper Articles That Cited It. Millions of People Used It in Putting Together Their Retirement Plans. If That Number Is in Error, That’s the Worst Mistake That Was Ever Made in the History of Personal Finance.”

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

“ The community has not rejected me. “

Yes they have. As you have admitted, no one talk to you. They can post anonymously, call you or email you, yet they don’t. You are banned at every major board. Name on other person in the investment community that is ignored like you.

<i>“ The community has not rejected me. “

Yes they have. As you have admitted, no one talks to you. They can post anonymously, call you or email you, yet they don’t. You are banned at every major board. Name on other person in the investment community that is ignored like you.</i>

Name one other person in the investment community that pointed out the error in the Buy-and-Hold retirement studies 19 year ago.

Say that there is a 1-in-100 chance that I was right that the Greaney study lacks an adjustment for the valuation level that applies on the day the retirement begins. If that is so, then we should be discussing that question at every discussion board and blog on the internet on a daily basis. It wasn’t just Greaney who made that mistake. The 4 percent rule was everywhere. There were thousands of newspaper articles that cited it. Millions of people used in in putting together their retirement plans. If that number is in error, that’s the worst mistake that was ever made in the history of personal finance. The primary purpose of financial planning is putting together a retirement plan. When we permit honest posting on the question, Buy-and-Hold goes down. There is an entire industry centered around the promotion of Buy-and-Hold strategies today.

That’s why I am ignored, Anonymous. People love talking with me, People love learning about this stuff. But they don’t want to be involved in something so big. It is scary. Say that the Ban on Honest Posting was lifted tomorrow. Do you know what would happen? Stock prices would drop hard. We would experience an economic crisis. Would you want to be responsible for that? That’s the problem. People do not want to get involved, They want to see someone else step forward to take care of this one.

Unfortunately, there is no one here but us chickens!

Rob