A Rich Life

The Old Ideas on Saving & Investing Don't Work -- Here's What Does

“If We Were All Thinking Clearly, We Would All Want to See the Acts of Intimidation Come to a Full and Complete Stop. Of Course, If We Were All Thinking Clearly, Today’s CAPE Value Would Not Be Anything Close to 30. It All Fits Together.”

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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 even the police did not see sufficient evidence to support your claims, yet you want to perpetuate a story.  Got it.

The police wanted to see an actual attempted murder before they took action, a threat was not enough. I have never said that there was an actual attempted murder. I have said there were threats. Threats are a big deal. Threats scare people. When people who post honestly re the last 42 years of peer-reviewed research are threatened and people who post in support of Buy-and-Hold/Get Rich Quick are not, you get more posts in support of Buy-and-Hold/Get Rich Quick than you get pointing out what the peer-reviewed research says. Eventually, you end up with a CAPE value of 30 and the entire nation experiences the Buy-and-Hold Crisis that follows. So the threats are a big deal.

If we were all thinking clearly, we would all want to see the acts of intimidation come to a full and complete stop. Of course, if we were all thinking clearly, today’s CAPE value would not be anything close to 30. It all fits together. Buy-and-Hold is Get Rich Quick and Get Rich Quick is Buy-and-Hold. The last 42 years of peer-reviewed research is the enemy of Get Rich Quick/Buy-and-Hold. I am a research-based guy. So I oppose acts of intimidation aimed at silencing discussion of the last 42 years of peer-reviewed research.

My best and warmest wishes to you and yours, Anonymous.

Rob

Comments

  1. If you were thinking clearly, you wouldn’t be making things up. If you were thinking clearly, you would get a job. If you were thinking clearly, you would apologize to your ex-wife and ask her as to how you can try and make it up to her.

  3. I guess we should all just quit our jobs and expect our wives to work 6 jobs to pay the bills and then expect to get a huge windfall check (for no good reason) to magically fund our retirements.

  4. We should all correct errors in retirement studies that we have produced when those errrors are brought to our attention. I definitely believe that much. All the rest is just blah., blah, blah that follows when you really, really, really don’t want to do that.

    There were people at the Motley Fool site who used the Greaney study for guidance in constructing their retirement plans. That’s the bottom line.

    My best wishes.

    Rob

  5. Anyone that followed Greaney and the Bogleheads have had successful retirements. Anyone that followed what you did is broke and divorced. Not hard to see which is the better outcome.

  7. I thought you agreed before that a failed retirement is a bad thing. Why is it different for you? Don’t you think it is horrible for anyone to be broke after the age of 60?

  8. Of course it’s horrible. Every abusive post is horrible. If we all were thinking clearly, there never would have been a single abusive post.

    You know what else is horrible?A Buy-and-Hold Crisis is horrible. Millions of failed retirements. Hundreds of thousands of businesses going under. Millions of people thrown out of work. Horrible.

    Buy-and-Hold Crises are optional in the post-Shiller years. Using Shiller’s research to teach people the realities, we could work together as a nation to insure that the CAPE value never again reached the sort of level where it is residing today. It’s not going to happen until we open every site to honest posting. Someone has to stick his neck out to make it happen. It looks like I was elected.

    Rob