tag:blogger.com,1999:blog-7366878066073177705.post634186414267680813..comments2024-02-09T18:16:45.614+00:00Comments on The Psy-Fi Blog: A Sideways Look At … Retirementtimarrhttp://www.blogger.com/profile/06254802085744425067noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7366878066073177705.post-32939780440488321972011-01-08T13:25:47.499+00:002011-01-08T13:25:47.499+00:00Well considering this is the generation that ran u...Well considering this is the generation that ran up the simply incredible national debts with nothing to show for it - maybe they deserve to suffer and starve.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7366878066073177705.post-29356007316267694832009-10-31T12:20:29.218+00:002009-10-31T12:20:29.218+00:00most people are more likely to chase the latest in...<i>most people are more likely to chase the latest investing trend and lose their savings in hopeless gambles than they are to invest safely.</i><br /><br />This is too cynical, in my view.<br /><br />The reason why we are going to see million of failed retirements in the United States is that the studies that the "experts" have been using to help us plan our retirements get all the numbers wrong (they fail to consider the effect of valuations). The errors have been public knowledge for seven years now (I know because I am the one who first reported on them). Not one of the studies has yet been corrected. Is this the fault of ordinary people following :"the latest investing trend"?<br /><br />If you consider Passive Investing "the latest investing trend," then it is. But the reason why many people believe in this is that it is pushed so hard and so often and opposing viewpoints are so rarely voiced. The biggest problem today is with the "experts," not with the ordinary Joes and Janes (although the ordinary Joes and Janes are not blameless either, to be sure).<br /><br />RobRob Bennetthttp://arichlife.passionsaving.comnoreply@blogger.com