Down goes the Dow

Or:

https://www.zerohedge.com/s3/files/inline-images/Image_3_20190201_TFTF.png?itok=2TEo0x16

Perhaps rather than me portraying an ugly picture you are painting a foolish one.

Are you kidding? You now revert to future projections?

Stick to what you said. It is misleading and wrong. The S&P 500 reached a high on 8/2000 and within less than 7 years, set a new all time high. You failed to mention that in your original post. Are you purposely intending to mislead or are just being sloppy?

His lying has been well documented here.

seattle prattle wrote:

Are you kidding? You now revert to future projections?

Stick to what you said. It is misleading and wrong. The S&P 500 reached a high on 8/2000 and within less than 7 years, set a new all time high. You failed to mention that in your original post. Are you purposely intending to mislead or are just being sloppy?

Oh, I would never kid you or others. But you conveniently forgot the S&P 500 was all the way back to 1995 levels by March 2009, and did not reach a new high until spring 2012. Or, even with $4.4 Trullion in QE the S&P 500 Index return since then is a measely 3.47%.

Sure I am the liar, but you are a fool.

Should read “did not reach a new high until spring 2013”

Gruntz wrote:

His lying has been well documented here.

Bug off troll. I have never lied. @$$ wipe.

Ghost of Igloi wrote:

Theoretical, fine and dandy but the practical application less rosy. The person that retired in 2000 had a stock portfolio that shrank 59% by 2009, and withdrawals of the equity bucket during that period would have made it impossible to recover with the market some thirteen years later. I believe a current retiree faces a more dire scenario.

[/quote]

Even at the market low in 2009, the investments of someone retiring in 2000 could have been as much as 12 times higher than when they started working, maybe even more. You conveniently ignore that these people were invested before 2000.

Ghost of Igloi wrote:

seattle prattle wrote:

Are you kidding? You now revert to future projections?

Stick to what you said. It is misleading and wrong. The S&P 500 reached a high on 8/2000 and within less than 7 years, set a new all time high. You failed to mention that in your original post. Are you purposely intending to mislead or are just being sloppy?

Oh, I would never kid you or others. But you conveniently forgot the S&P 500 was all the way back to 1995 levels by March 2009, and did not reach a new high until spring 2012. Or, even with $4.4 Trullion in QE the S&P 500 Index return since then is a measely 3.47%.

Sure I am the liar, but you are a fool.

And it recuperated every bit of the 2009 downturn within 4 short years.

And back to my original rebuttal of your point: 3/20/2007 S&P - 1527. But it reached 1536 on 5/28/2007 (surpassing it's previous all time high within 7 years).

But don't let the facts detract from the story you would spin.

seattle prattle wrote:

Ghost of Igloi wrote:

Oh, I would never kid you or others. But you conveniently forgot the S&P 500 was all the way back to 1995 levels by March 2009, and did not reach a new high until spring 2012. Or, even with $4.4 Trullion in QE the S&P 500 Index return since then is a measely 3.47%.

Sure I am the liar, but you are a fool.

And it recuperated every bit of the 2009 downturn within 4 short years.

And back to my original rebuttal of your point: 3/20/2007 S&P - 1527. But it reached 1536 on 5/28/2007 (surpassing it's previous all time high within 7 years).

But don't let the facts detract from the story you would spin.

No you and the other guy are doing the spinning. How is that? Well if you are retired that stock bucket is drawing down all those years, and because of that cannot compound.

Believe whatever you want, but what you believe is flawed.

No skin off my nose.

Uh, the idea behind the bucket method is to NOT draw on the equity bucket when prices are depressed.

within the time period you described the retirees portfolio not only recuperated the downturn, it set a new all time high. Maybe you should go check what you wrote and see for yourself. Here, let me help: period 2000 - 2009.

Hellooooooo? wrote:

Uh, the idea behind the bucket method is to NOT draw on the equity bucket when prices are depressed.

OK, but that depends how much is in that bucket which goes back to my original point which is having less in stocks when you are close to retirement.

Hey its your money do what you want. See how it works out for you, but its not the way I would do it.

That’s what makes a market.

seattle prattle wrote:

within the time period you described the retirees portfolio not only recuperated the downturn, it set a new all time high. Maybe you should go check what you wrote and see for yourself. Here, let me help: period 2000 - 2009.

Let me help you 3.47% 19 year index return.

Ghost of Igloi wrote:

Hellooooooo? wrote:

Uh, the idea behind the bucket method is to NOT draw on the equity bucket when prices are depressed.

OK, but that depends how much is in that bucket which goes back to my original point which is having less in stocks when you are close to retirement.

Hey its your money do what you want. See how it works out for you, but its not the way I would do it.

That’s what makes a market.

I don’t think anyone is advocating for a retiree to invested exclusively in stocks. You need cash, guaranteed income devices, and equities.

Ghost of Igloi wrote:

seattle prattle wrote:

within the time period you described the retirees portfolio not only recuperated the downturn, it set a new all time high. Maybe you should go check what you wrote and see for yourself. Here, let me help: period 2000 - 2009.

Let me help you 3.47% 19 year index return.

No, let me help you. Nasdaq futures are up almost 30 points on top of what was a blockbuster day. On top of what was a blockbuster month and a half (YTD).

Correct. That has nothing to do with what we were saying, just as you are not addressing my point regarding your misleading post.

I'm out. Got things to do.

OK, so how is that different from what I said.

seattle prattle wrote:

Ghost of Igloi wrote:

Let me help you 3.47% 19 year index return.

No, let me help you. Nasdaq futures are up almost 30 points on top of what was a blockbuster day. On top of what was a blockbuster month and a half (YTD).

Correct. That has nothing to do with what we were saying, just as you are not addressing my point regarding your misleading post.

I'm out. Got things to do.

Yes, and the 19 year NASDAQ Index return is even worse at 1%. Good thing you’re out. I wouldn’t want to cause sleepless nights. Oh that’s coming anyway.

Try Ambien.

Try learning.