Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

Phanuthier · 06-30-2009, 05:23 PM

Thats sort of how I see it, sans some of the stock market stuff. I think a few issues,

- different inflationary pressures will render fixed returns useless (thus safe investments in the 10% saved by the "safe" wealthy barber idea rendered... obsolete)

- level of production (i.e. GDP) dropping due to, as you said, the baby boomers finishing... and not a lot of light at the end of the tunnel

- market shifts over to China and India

- growing disparity between the rich and everyone else... and its affect that follow through...

To go out and buy a who diversity of stocks/MF's where the previous returns were like 10% or whatever... and guess you could get that, before inflation, well I'm a little skeptical of that. Then again, 1987 saw some of these same fears as well. So yeah, like you said, I'm not convinced what worked in for the past few decades will work for the next few... thus I"m not really convinced TWB is something that works, at least not for me.

06-30-2009, 05:23 PM	#27
Phanuthier Franchise Player Join Date: Feb 2002 Location: Silicon Valley Exp:	Thats sort of how I see it, sans some of the stock market stuff. I think a few issues, - different inflationary pressures will render fixed returns useless (thus safe investments in the 10% saved by the "safe" wealthy barber idea rendered... obsolete) - level of production (i.e. GDP) dropping due to, as you said, the baby boomers finishing... and not a lot of light at the end of the tunnel - market shifts over to China and India - growing disparity between the rich and everyone else... and its affect that follow through... To go out and buy a who diversity of stocks/MF's where the previous returns were like 10% or whatever... and guess you could get that, before inflation, well I'm a little skeptical of that. Then again, 1987 saw some of these same fears as well. So yeah, like you said, I'm not convinced what worked in for the past few decades will work for the next few... thus I"m not really convinced TWB is something that works, at least not for me. __________________ "With a coach and a player, sometimes there's just so much respect there that it's boils over" -Taylor Hall Last edited by Phanuthier; 06-30-2009 at 05:25 PM.