Sky is falling... on other message boards/comment sections

[hova22]

Refreshing

Ok article:
Ask the Expert - Money Magazine Is retirement saving a fool’s bet? «

However, what I found much more interesting are the reader comments at the bottom. Lots of "buy gold", "wall street is feeding off of continuous 401k investments", "invest only in energies/commodities i.e. what's doing well"...

Many posts which make me thankful for the knowledge of this forum. In the mess of the onslaught of how times are different is a refreshing post from Marty in Naperville, IL. (If you'd like to skip right to it, his post was on July 15th at 10:51am.) We need to invite him to the forum here!

"By the way, after 25 years of dollar cost averaging, I am right on target to retire sometime between 60 and 62. Carry on!"

 

[FIREd]

Well, that was a very depressing read (I am talking about people's vision of the future in the comment section).

 

[CitricAcid]

Love reading the comments, my favorite one was the one that complained about how the guy said the S&P500 is up 2.9% over the time, but at some points you made 9.5%, that is so dumb all that matters is how much it is over the entire time.

He kind of forgot to realize that he DCA'd / invested over the whole time, so the first deposit he put in earned 2.9%m etc., etc., so his entire return on investment is a good bit higher than that considering all the purchasing during the 2001-2003 timeframe.