No. of Recommendations: 5
hocus advises,

Intercst should drop the idea of monitoring the board for dissenting-view posts to ridicule for a few months and read "Your Money or Your Life" six times from cover to cover until he begins to understand some of the fundamental issues involved in the subject matter he expounds on on this board. Until he becomes familiar with the basics, it's hard to take much else of what he says seriously.


I'm confident that my understanding and comprehension of Dominguez's "Your Money or Your Life" exceeds your understanding of retirement withdrawals, the effects of inflation on fixed income investors, and any other of a number of issues of importance to retirees that require a basic understanding of math. Perhaps it's you that needs more study and less talking?

As I said before, I like Dominguez's book in virtually all respects except for the financial advice. Unfortunately, you need to know a little bit of math to understand just how bad it is. <grin>

intercst
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