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hocus
Joined: 11 Feb 2004 Posts: 327
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intercst Site Admin
Joined: 09 Feb 2004 Posts: 674
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Posted: Fri Sep 09, 2005 10:36 am Post subject: Re: Shiller's Prediction |
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I think that it's safe to say that anyone who followed Shiller's advice in 1996 to stay out of the market for the next decade is poorer today. (The S&P500 has almost tripled in the last 10 years -- even after the effect of the 2000-2002 bear market.) An investor adhering to the tenents of Hocomania and holding a 100% fixed income portfolio would have less than half the net worth of a diversified equity investor over the past decade.
I guess that's why so may successful early retirees have told Rob they wouldn't be retired today had they followed his advice.
What is Hocomania?
http://www.retireearlyhomepage.com/hocomania.html
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hocus
Joined: 11 Feb 2004 Posts: 327
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Posted: Fri Sep 09, 2005 11:53 am Post subject: Re: Shiller's Prediction |
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I think that it's safe to say that anyone who followed Shiller's advice in 1996 to stay out of the market for the next decade is poorer today.
I agree with you on that one, Intercst.
Rob |
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ataloss
Joined: 07 Feb 2005 Posts: 84
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Posted: Sun Sep 11, 2005 7:01 am Post subject: Re: Shiller's Prediction |
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I guess that's why so may successful early retirees have told Rob they wouldn't be retired today had they followed his advice.
I agree with you on that one intercst |
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