New member: Roth Investments/TSP

[smk]

jpg...this is really tiresome.

it seems when someone disagrees with you and you don't have the ability to argue your point, you simply resort to impugning their integrity.

but what does that say about your integrity?

who on this site have i charged? i work in the ny area and am on a national site. i am not here prospecting clients. it is a really inefficient way of doing that. much of the work that i do is designed to be free of charge anyway and only in rare circumstances do i get directly involved. you may also note from my site that i have an evening job which pays the bills...

i try to give you breathing room to make your points. for example - i did not make this point:

your article (i just looked at the charts) seems to be recommending the use of target date funds that typically suggest about a 50% allocation to stocks at the point of retirement (say age 70). 1 had 35%. you claim stocks can underperform for periods of 10 years. given that most people tend to live until say 80-85, say they might expect to be liquidating 2/3 of their portfolio WITHIN 10 years. you seem to ascribe to the view that stocks are safe in the long run (you might want to short very long dated puts on stocks up to your full net worth if you are completely certain). but you do not seem to think they are riskless in the short run. your recommendation to buy target date funds runs counter to your own position. i won't even get into the fact that your article focuses on a wealth goal whereas the op is concerned about generating income for retirement. the webinar i mentioned shows the dramatic differences between the two and i would suggest you spend a little time on that...

i made a simple statement disagreeing with your position because i felt there was danger to the op that he should know about. i supported it an moved on. then all i did was defended my integrity from attack. there is no point here in wasting everyone else's time with this. if you want to make a point, make it. i am not stopping you. but don't waste everyone's time with this nonsense...

[jpg7n16]

jpg...this is really tiresome.

it seems when someone disagrees with you and you don't have the ability to argue your point, you simply resort to impugning their integrity.

but what does that say about your integrity?

So you scold me for questioning your integrity, and therefore you question mine?

What's that word for people who criticize others for what they do themselves? It's around here somewhere...

What do you expect when you post that you derive NO benefit from people going to your site, when you know that's not the case? You have pricing and services available there for a reason. And you certainly derive benefit from those who sign up. Maybe no one from this site has paid you yet (and hopefully they don't) but it's no big secret that when people post links to their site, and pay-for services are avilable at that site, they're driving traffic for their own benefit. You're not fooling anyone.

I have argued my point. I've shown how stocks at less return than their average would vastly outperform TIPS above theirs (therefore OP needs equity exposure). I've posted a full article that confirms that target date funds have their uses for investors like the OP. And I've itemized the reasons I feel it's appropriate for him to use, vs the other options he's considering. Sorry that's not enough for you.

i try to give you breathing room to make your points.

Oh well, in that case, thank you for the breathing room sir. I appreciate your kindness and generosity.

I really appreciate that you didn't bother to go into your full argum... oh wait...

for example - i did not make this point:

your article (i just looked at the charts) seems to be...

You scold me for trying to argue against you, and then turn around and do the exact same thing.

I think that's twice now you've done the exact thing you've told me not to do.

i won't even get into the fact that your article focuses on a wealth goal whereas the op is concerned about generating income for retirement. the webinar i mentioned shows the dramatic differences between the two and i would suggest you spend a little time on that

Ummm. OP is 24 years old, and is building wealth towards retirement. That is by definition a wealth accumulation phase, not a draw-down income oriented phase.

From: Accumulation Phase Definition | Investopedia

The period of time when an investor builds up the value of their investment through savings.

Nonetheless, studies have also shown that someone attempting to make sure their funds last throughout their life (for income) is best suited by a stock allocation.

Sustainable Withdrawal Rates: The Historical Evidence on Buffer Zone Strategies

You'll notice that the higher the equity percentage, the higher the probability of sustaining the withdraws, at all withdrawal rates.


Now I'm not arguing that everyone should have 100% stock allocation throughout life, as most people could not stomach the volatility that brings, but it is very clear that equity allocation should exist, even in retirement.

i made a simple statement disagreeing with your position because i felt there was danger to the op that he should know about. i supported it an moved on. then all i did was defended my integrity from attack. there is no point here in wasting everyone else's time with this. if you want to make a point, make it. i am not stopping you. but don't waste everyone's time with this nonsense...

Here's my point: OP needs a strategy for his retirement investing, and using a target date fund is a good strategy for him based on all the other points made above.

I've made that point many times in posts above.

[bjl584]

Thread locked.