tag:blogger.com,1999:blog-11719208.post5880835637034026183..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Investing for (or in) retirement gets harderTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-11719208.post-63905031513958628082010-02-10T12:43:57.702-08:002010-02-10T12:43:57.702-08:00"If only more people had sold their stocks te..."If only more people had sold their stocks ten years ago and bought gold, there would be far more happy retirement stories today."<br /><br />If everyone had tried to sell their stocks ten years ago, the 2000 crash would simply have been bigger than it was with no recovery. Everyone can't sell at once. The problem is that stocks have become disconnected from the stream of payments provided by their dividends. This has reduced the intrinsic value of stocks even as their price has increased. If stocks were returning 8% annually of today's price, no one would care if the stock market crashed (well, they would care less).Daniel Kornhttp://www.whydietandexercisefail.com/noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-57598484853279785922010-02-08T21:01:55.579-08:002010-02-08T21:01:55.579-08:00Nope! Freeze-dried food can easily last for 20-25 ...Nope! Freeze-dried food can easily last for 20-25 years if stored properly. Any that was bought for Y2K is still just fine...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-86366311869270788982010-02-08T15:41:10.155-08:002010-02-08T15:41:10.155-08:00If only more people had sold their stocks ten year...<i>If only more people had sold their stocks ten years ago and bought gold, there would be far more happy retirement stories today.</i><br /><br />Maybe those Y2K survivalists had the right idea after all. Apart from the huge stash of freeze-dried food rotting in the garage.<br /><br /><i>Pensions of $100,000 are common</i><br /><br />Your numbers are garbage. Cherry-picking what a handful of police/fire/management government employees receive after three decades is not 'common'.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-69082510383181149002010-02-07T17:28:45.563-08:002010-02-07T17:28:45.563-08:00"The thing is the Baby Boomers almost certain..."The thing is the Baby Boomers almost certainly have it WAY better than any generations after them will..."<br /><br />True, starving to death in a McMansion is somewhat better than dying in hand-to-hand combat over a can of beans.John Snoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-87911552176810769242010-02-07T15:48:30.931-08:002010-02-07T15:48:30.931-08:00The thing is the Baby Boomers almost certainly hav...The thing is the Baby Boomers almost certainly have it WAY better than any generations after them will. Remember they are the ones who buy and sell houses with previous home equity and keep generation Y and millennials and some Xers unable to afford houses at all! Remember they didn't graduate with 100k of college debt to get their college educations and they probably got a better job for their degree than working retail.<br /><br />I do agree INFLATION is the enemy. So what do you put your money in if not stocks? You just know bonds are going to crash when interest rates tick up. And what about plain old cash? Well due to high inflation for decades this is also a losing bet. Inflation is the enemy of anyone of ANY generation trying to save for the future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-68320682290055655632010-02-07T07:56:38.752-08:002010-02-07T07:56:38.752-08:00Of course, government workers do not have to save ...Of course, government workers do not have to save ANY thing for retirement. Pensions of $100,000. are common. see<br />www.pensiontsunami.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-88261148764628488702010-02-06T19:07:57.439-08:002010-02-06T19:07:57.439-08:00Fractional Reserve Banking/Lending is gov't sa...Fractional Reserve Banking/Lending is gov't sanctioned fraud. It's hard for the gov't to prosecute perpetrators of this fraud and not that fraud.<br /><br />What's with all the "Anonymous" comments? At least just enter a name. Posting as anonymous is not really anonymous anyway as the server is likely grabbing your IP and your MAC address.Danhttps://www.blogger.com/profile/14611189349119964821noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-72032077704980839202010-02-06T17:16:10.218-08:002010-02-06T17:16:10.218-08:00We have laws against fraud on the books. We don&#...We have laws against fraud on the books. We don't need more "regulation," we need more prosecution.<br /><br />But the crooks are the #1 donors to the elected officials. When GS gives the most to Obama, it's hard for Obama to want to bring them to justice, so he likely tells the Justice Dept to stand down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-82938121694698194782010-02-06T17:07:42.517-08:002010-02-06T17:07:42.517-08:00Eight Years of BLATANT FRAUD takes a toll. Who wo...Eight Years of BLATANT FRAUD takes a toll. Who would have thought? This is Capitalism Destroying itself, without REGULATION CROOKS Run Wild.<br /><br />But not just the Stock Market,<br />there's BLATANT FRAUD in the Healthcare industry. <br />All reported cases of "RESCISSION" are clearly insurance Cancellations to avoid expensive payouts. These guys should be doing JAIL TIME. Have the "regulators" been bribed?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-75314852114168290922010-02-06T16:46:11.705-08:002010-02-06T16:46:11.705-08:00When any asset class gets overloved, like bonds ar...When any asset class gets overloved, like bonds are now, I get concerned.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-26345648725033196382010-02-06T16:20:10.810-08:002010-02-06T16:20:10.810-08:00The reason advisers keep touting stocks is an infl...The reason advisers keep touting stocks is an inflation hedge. Get rid of inflation, and citizens can save without taking all that risk.<br /><br />Inflation is the enemy.Anonymousnoreply@blogger.com