JWR1945 wrote: For th: You have really gone off the deep end by siding with telegraph in this series. Remember, what I told peteyperson. If ataloss insists bringing up the past, which he did, then we need to be able to respond with the context that existed at that time.
If this is the deep end, I'm going to look for something deeper.
And I dont have do do any such thing as you suggest. Apparently your opinion of being able to predict the future, tell people what they have and havent said and win wars against unstructure opponents also gives you the feeling that you get to state the parameters of a discussion as well?
My opinion is in contrast with todays, yesterdays or tomorrows situation.
Living off of fixed income investments in avoidance of equities would have barely worked ONCE if one was willing to buy into a new class of investment instruments (tips) which few would have felt comfortable in making a major (leave alone total) investment at the time they were available with the high interest rates. If one could live off of ~4%.
Wasnt doable before then. Hasnt been able to be done since. May not be able to be done unless rates take off. Cant work right now without portfolio cannibalization. Come on now, pick the nit. Tell me about german cd's in 1835 that one could have made a consistent real return of four percent on. That will surely cement your point.
Maybe you and Hocus should get your stories straight as well. He's over on dory's board saying he doesnt recommend getting out of equities, just "taking a little off the table".
But I suppose thats part of the routine. Pick at nits, change the subject, bounce between more than one story to suit creating a disruptive dialog, choose conditions from one space and situations from another that are incompatible, suggest measuring and prediction of unmeasurable and unpredictable chaos, avoid answering direct questions, suggest people have said things they havent said (or vice versa), ask questions five and six times that have already been answered, bemoan persecution and censorship and then pursue persecuting and censoring others.
Its really sort of fun to watch once you know what game is being played.
ES - with full understanding and having first hand knowledge of the "JWR/Hocus" experience, this is not a very good experiment. These guys have exactly two or three minor points coupled with a bunch of potentially bad ideas/advice and a lot of bad baggage.
That having been said, I still dont feel the need to run for the hills or wig out because they're here.
He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you. - Nietzsche