Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
So you don’t have any new information or facts that you haven’t voiced already. There really isn’t any need to have you post the same thing you already posted thousands of times. Further, people have you ample opportunity to answer questions and have a discussion, yet you refused to do that. Instead, you are only looking for people to agree with you, with the hope that you will be looked upon as some leading expert.
Saying that there is no need for people to see honest posting re the last 40 years of peer-reviewed research in this field is like saying that there is no need for people to hear that eating an unhealthy diet can lead over time to heart disease or that smoking can cause cancer or that driving drunk is dangerous. People very much need to have access to truthful reports re these sorts of matters.
There have been four times in U.S. history when the pure Get Rich Quick/Buy-and-Hold approach to stock investing has become popular. On each of those occasions we have as a nation suffered a devastating economic crisis bringing on an ocean of human misery. Please mark me down as saying that honest posting should be permitted at every discussion board and blog, without a single exception.
I don’t mean just on safe withdrawal rates. Yes, we should be permitting honest posting re safe withdrawal rates. But we should be permitting it on scores of other critically important investment-related topics as well. Asset allocation. Risk management. Retirement planning in general. On everything, really. Just as we do in every field of human endeavor other than the investment advice field.
That is my sincere take re this terribly important matter, in any event.
My best and warmest wishes to you and yours, in any event.
Rob


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