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Has anyone noticed that lessons seem to appear as needed?* When I was greedy, I found limited partnerships that went broke, losing 100% of principal, so I learned to accept low stock market returns.* When I was greedy and undiversified (but indexed) with 100% in the S&P500, I learned hard lessons about not having another asset class for rebalancing.* When I wondered about asset allocation, I found VG Diehards, Bernstein, Roger C. Gibson, etc.* I got near retirement, wondering about WD rates, then found Trinity, Bengin, Fire-calc, etc.* I wondered about inflation protection for a fixed pension then Scott Burns mentions TIPS and* commodities which lead to Swedroe, raddr, and discussions about PCRIX, etc.
There is a pattern here.* This happens too often to be coincidence.* Does anyone else feel they are attending this same school where the lessons always fit just right, but you don't always know it at the time?
Joe
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