Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: Chipsboss Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19218  
Subject: Re: defined benfit -- bond equivalent Date: 12/29/1999 11:32 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
for IEABarry:

I do the same thing, taking the discounted present value of my small private pension and (gulp) even my social security as bond equivalents. You have to pick a life expectancy and an interest rate to do that calculation, of course. While I'm at it, I include the conservatively estimated current value of the house I own and live in as a bond equivalent, since it pays me the equivalent of free rent. (OK, OK, I have to pay property taxes, maintenance, utilities, and insurance for the house, but I don't pay income taxes on the rental value.) The government statisticians include the rental value of owner-occupied houses as part of Gross National Product (according to my econ professor thirty years ago).

Regards,

Chips
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

Intel's Broadwell Potential
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement