Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
<i>Is it “safe” to be in your 60’s and not have a fully funded retirement account?</i>
It’s honest. And it shows concern for my fellow community members that I eventually worked up the courage to point out the error in the Greaney retirement study.
If Buy-and-Hold were a real thing, we never would have seen a single abusive post, much less any of the criminal stuff. and I would be on easy street today. I’m not the guy who got an important number wrong in a retirement study posted at my web site. That was the other fellow. I offer no apologies for pointing out the error. I only regret not doing it sooner.
Rob
It appears that you want everyone else to keep it zipped, while also expecting the rest of the world to let you say whatever you want on THEIR website.
Not going to happen, Rob.
I have zero desire to have anyone keep it zipped. The only thing that I would suppress is abusive stuff. And I would suppress abusive stuff because it scares people and causes them to self-censor. I want to hear what those people think.
I think it will happen. The fact that the published rules of every site prohibit the tactics that you Goons have employed to suppress honest discussion of the peer-reviewed research shows that as a nation of people we do not like the abusive and criminal stuff. We have thus far tolerated it in the investment advice field because we are conflicted by our love of Get Rich Quick/Buy-and-Hold. But I think it will become difficult to maintain that love in the face of all the human misery we will see following the onset of the next Buy-and-Hold Crisis. I believe that at that point we may permit our better selves to have a little more say in these matters. And then we are off to the races.
We’ll see, you know? I believe that we are fundamentally a good people.
Rob
In your mind, all of you opinions are honest and everyone else’s opinions are abusive.
That’s not so. The vast majority of Buy-and-Holders (possibly every last one of them) believe that Buy-and-Hold is best. And it is only about 10 percent of the population of Buy-and-Holders who engage in abusive or criminal behavior. The problem is that the 90 percent of Buy-and-Holders who are non-abusive (the Normals) are afraid of you Goons. They might speak up in opposition to the abusive and criminal behavior of you Goons one or two times. But, when that is not enough to make it stop, they retreat into silence.
Which means that the discussions that we all need to have to spread knowledge of what the last 43 years of peer-reviewed research teaches us all about how stock investing works in the real world never take place. And we all miss out on the amazing benefits that should follow from knowing the realities for the first time in history. I want to write about those realities. I want to help people to live better and fuller and freer and richer lives. And the published rules of all the sites as well as the laws of the United States permit that.
Rob