Charlie's as-experienced inflation is 6% - ouch%Actually, 5.06% was my guessed-at inflation-rate the last time I ran the numbers, and a lot of the numbers that feed into that summary number aren't firm, but just guesses that default to the value of 3.0%. E.g., the inflation-rate implied by my property tax numbers is firm. I have the year by year records. But by how much, really, are my clothing costs increasing each year due to inflation? I have no idea. An honest guess would put it at less than 3%, due to the deflationary prices caused by moving that industry overseas. However, in projecting a rate of personally-experienced inflation, I do use 6% on the thought that, if doesn't trash my retirement numbers, then I'm probably safe, no matter whatever happens.But back to HIPAX. Whatever his numbers are, I'm still impressed that the manager achieved them. His gains were steady and non-volatile. The guy's doing something right. Whether the fund is worth buying into is a whole 'nother story.
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