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
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