Read? Sustainable Retirement Income For Life - Three Taps Solution - Revised slides
Mr Market is like Dr M who unexpectedly returned to threat our Water Tap. We will be in deep shit if we only have one tap solution for our water need!
Do you depend significantly on your investment income to pay your household living expenses for many more future years across market cycles and be threatened by Mr. Market?
CW,
ReplyDeleteIdiot! I can't argue with that :(
LOL!
Ehhh ... investment doesn't mean only stocks ... diversify lorr :)
ReplyDeleteOr have system to avoid big bears ... E.g. use a no-brainer 10-month simple moving average.
100% in global stocks or 100% in cash, depending on trend signal.
https://bit.ly/2NgqwC9
Over last 20 years .... CAGR of 8% .... max drawdown of -20% .... can challenge Temasek, hahaha!
But not many can do it ... need a lot of discipline & patience ....
Other timing systems may be even better e.g. dual momentum, relative strength ... but more complicated ...