Thanks for sharing this article. Indeed, "the bezzle" was also covered by Chancellor in this book. I would venture to say that this article is a fair summary of the arguments made by Chancellor. However, I'm hoping to find counter-points, as I think Chancellor has done a fairly credible job...
Goodreads link: The Price of Time
My reading is that Chancellor paints a convincing picture of a US economy that has been pumped up for decades by the feds, but especially so for the last 15 years (which isn't news for any of us). However, as there’s an expectation that this Fed policy will...
Since news runs on advertisements, they need controversy to "drive engagement". For health, I see two angles every year: a) a new miracle fad and b) a debunking of an old miracle fad. Many of these "studies" are statistically flawed, so articles about them aren't worth reading until there's wide...
To both wmc1000 & COcheesehead: thanks for replying. I found that the nagging got over after I took one call with their advisor and explained that I invest in low-cost funds and that the PC cost to actively manage would be 5x the cost of investing in these funds :)
If not PC, where do you guys...
Apologies if this question has been answered before but I was wondering if anyone has used Personal Capital's planning tool instead? I ask since my accounts are centralized via PC. They use Monte Carlo simulations also, of course.