“Shiller Was Kind Enough to Tell Us All How Stock Investing Works in the Real World. He Will Be Happy to Spell It Out for Us and Say the Words ‘the Safe Withdrawal Rate Is Not the Same Number at All Valuation Levels’ Once We As a Society Elect to Apply the Same Laws that Apply in Every Field Other Than the Investment Advice Field in the Investment Advice Field as Well. There’s a Reason Why We Have Laws Against Death Threats. They Scare People.”

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

Shiller never said Greaney made an error.  Same for Evidence…….and when YOU have lost Evidence and everyone else. what does that tell you?

Shiller was kind enough to tell us all how stock investing works in the real world. He will be happy to spell it out for us and say the words “the safe withdrawal rate is not the same number at all valuation levels” once we as a society elect to apply the same laws that apply in every field other than the investment advice field in the investment advice field as well. There’s a reason why we have laws against death threats. They scare people. If you want to hear people like Shiller talk straight to you, stop engaging in behavior that scares them.

I applaud Evidence for acknowledging that Greaney got the number wrong in his study. I obviously disagree with his position that there is no need to correct the error. People use retirement studies to plan retirements. People who publish retirement studies need to correct them when they learn of errors that they made in them.

That’s my sincere take re these terribly important matters, in any event.

I naturally wish you all the best that this life has to offer a person.

Buy-and-Hold! Science! Stay the Course! 100 Percent Safe! Peer-Reviewed Research!

Rob