New Posts Starting October 6, 2007

Updated: November 24, 2007.

Free Lunches for Everyone

Have you ever heard someone say “and that would be a free lunch” as a proof of an investment argument? I have. Repeatedly.

Free Lunches for Everyone

Valuations During Accumulation

For those starting to save today, the outlook is bright.

Valuations During Accumulation

A Story for Accumulators

I collected two sets of data on the Scenario Surfer. They tell a story. Listen closely.

A Story for Accumulators
October 20, 2007 Letters to the Editor

Another Story for Accumulators

I have collected more data on the Scenario Surfer. It improves our understanding.

Another Story for Accumulators

Changing the Threshold

I have collected more data on the Scenario Surfer. This time, I changed the threshold for Dollar Cost Averaging.

Changing the Threshold

Adding a Second Threshold

There is still a lot to be learned from the Scenario Surfer. This time, I added an upper threshold for Dollar Cost Averaging. It worked well.

Adding a Second Threshold

Struggling during Maintenance

Between accumulation and withdrawals, there is maintenance. There are no deposits. There are no withdrawals. Today’s marketplace is tough. We learn this from the Scenario Surfer.

Struggling during Maintenance

Lessons from the Scenario Surfer

It is still early, but we have learned a lot from the Scenario Surfer.

Lessons from the Scenario Surfer

Not Total Return

Retired? Nearing retirement? Focus on the income stream, not total return.

Not Total Return

The Next Thirty Years

I brought up the Scenario Surfer Generator to get an idea of how the next thirty years in the stock market might to play out.

It is a time for caution. At the same time, the market could still reward the reckless. Both are consistent with the past.

The Next Thirty Years

The Next Thirty Years Addendum

I looked at my data again. We need to protect ourselves from being locked out of stocks entirely.

The Next Thirty Years Addendum

Share Buybacks

Share buybacks are a bad idea.

Share Buybacks