Thanks to Bob K over at M* for the link. It's a free PDF copy of:
The coming general storm from Scott Burns and Larry K.
- Alec
The coming general storm from Scott Burns and Larry K.
- Alec
newyorklady said:cant find rydux that he talks about. what mutual funds short the long term bond market?
wildcat said:I have read it. Not bad. Again, my summary is - the US is screwed and Burns recommends the 10 block portfolio now as a result.
Olav23 said:I haven't seen the lecture/read the ebook yet, but my guess is you are looking for:
Inverse Government Long Bond
Seeks to provide investment returns that inversely correlate to the daily performance of the current Long Treasury Bond.
Class Symbol
A RYAQX
Advisor RYJAX
C RYJCX
Investor RYJUX
newyorklady said:so i am retarded, i know, but what is the difference between these four. looked them up on etrade and they seem similar. what is your opnion of them? as someone who is worried about inflation even before reading this generational storm book is this a good way to go? how do i research this further. any advice is much appreciated
chinaco said:They will solve the problem by progressive tax on Social Security. They will not reduce it directly or cut it, rather they will tax you more heavily if you have additional income resources over a certain amount. It stinks...
gindie said:I remember hearing from one member of the recent President-appointed SS committee that the Social Security problem can be totally solved by simply starting to use the CPI as the the inflation index instead of the currently-used wage rate increase.
If it's that simple,why isn't more consideration being give to that?