Recent content by ormondroyd

Let us read carefully please. I did say MOST of the time, yes? Well whatever. Think I'll just go back to enjoying my retirement and not spending time posting. Much too late anyhow. The whole fiasco reminds me of the joke about poker players. As they sit down the dealer says: Now if we all...

Wrong on several counts. When the overall market is at multiples not seen since 1929, when tech companies trade at 50-100 times earnings, when you can launch an IPO for a company that has no revenues- no sales, any rational person would head for the exit. I happily retired at 51 and have no...

[moderator edit] Well, here it is five years later. Hope all you floggers of stocks and admirers of balanced funds are happy. Who could have known? To parphrase Schopenhauer: the average man prepares for what has happened in the past and the superior one tries to imagine what COULD happen. The...

Sorry, didn't mean to confuse anyone with the facts. Still the withdrawal percentage Vanguard projects is way off the mark- historically or by Monte Carlo simulation if one likes , as far as their balanced fund goes. It was a sad day when I lost faith in Saint Jack.  Time to go sailing!