“Taking Valuations Into Consideration Permits You to Make Rational Asset Allocation Choices. Adding Rationality to the Decision-Making Process Is Always a Plus.”

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

What matters is results.  Your market timing strategy didn’t work out like you said it would.  Meanwhile, the buy and holders have been richly rewarded.  If you based your retirement on VII, you can no longer make up for the past 19 years.  It is too late because you would have spent down way too much of your portfolio.

Valuation-Informed Indexing has provided better risk-adjusted results for 150 years now. That’s as far back as we have records.

It’s not even logically possible that things could turn out any other way. Taking valuations into consideration permits you to make rational asset allocation choices. Adding rationality to the decision-making process is always a plus.

That’s my sincere take in any event.

Rob