Buy-and-Hold Goon to Rob: ” Each Person Decides What They Want to Buy at the Price That Is Being Offered. No One Is Forced to Buy Stock, Like Anything Else.”

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

“ You can only speak for yourself, Anonymous. ”

No, that is how it goes for everyone. Each person decides what they want to buy at the price that is being offered. No one is forced to buy stock, like anything else.

Who made you the dictator to decide what constitutes peer reviewed research? Why does anyone have to believe your allegations when you lack any evidence of such?

When someone purchases a pack of cigarettes, he is given a warning that there is research showing that smoking causes cancer. It should work the same way with retirement studies. If someone pushes a study saying that the safe withdrawal rate is the same number at all valuation levels, anyone hearing that message should be warned that there is 43 years of peer-reviewed research showing that valuations affect long-term returns. We should all be united in insisting that such warnings be given whenever anyone makes a false claim about safe withdrawal rates.

People use retirement studies to plan retirements. I’ve seen this happen.

Rob