Big_Hitter
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I think Monte Carlo simulations I have seen for retirement simulations are of virtually no value.
They are if you set up the mean-reversion piece correctly.
I think Monte Carlo simulations I have seen for retirement simulations are of virtually no value.
I think Monte Carlo simulations I have seen for retirement simulations are of virtually no value.
The problem is, no one will know if either of you are correct until it is too late.They are if you set up the mean-reversion piece correctly.
Yep, like I said - too late.True they need to be relatively long term but you will know when your portfolio runs dry.
I'm guessing you're referring to temp/humidity, not eau de ship channel...BTW, thought I'd died and gone to Houston yesterday on the golf course.