No. of Recommendations: 1
The idea of some kind of fixed asset allocation makes no sense. <<

Of course not. We all know most retirees who are concerned about the size and volatility of their portfolios are eager to become active traders and market timers.


What we all should know is that if you have paid attention to your investments you do trade actively (at least with individual stocks) and time the market.

It does not matter what you want, ziggy. What matters is how to make money.

People who want to retire, and in particular retire early, need to learn how to evaluate different investments, and how to move between different vehicles to make money.

It is possible, of course, to accumulate a decent portfolio of you deprive yourself, live on very little money, and just do the stupid thing like put your money in an index fund. Then you can do the 4% thing. If you have $1 million, you get to live on $40,000. Not my idea of a good life.

Well, maybe the people on this board are just too stupid or, by now, too senile, to learn anything about investing profitably. Certainly, this board has provided no decent advice on making money in the market.
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
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 Glassdoor #1 Company to Work For 2015! 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