Today we’re going to look at the S&P 500 through a lens that we really enjoy here on DQYDJ. We’re going to look at closing prices since 1994 and track them through Friday’s close. However, instead of just staring at the nominal S&P 500 index, we’re going to look at reinvested dividends and inflation adjustments. […]
buy and hold
Prize Linked Savings (you may also see them called ‘Save to Win’ games) are an interesting take on savings accounts, where every deposit is ‘kept’ unlike in normal lotteries, but some proportion of interest is assigned to a lucky winner through a lottery. In that way, prize linked savings games hit our psychological love of […]
The other day our friend John at Married With Debt hosted a guest post from Rob Bennett of Passion Saving. You might remember John from our collaboration on the relative taxation of Presidents Obama and Bush. Rob, on the other hand, is a bit of an enigma in the Personal Finance world. On the one hand, he has very interesting theories on safe withdrawal rates and buy and hold investing based on market valuations. On the other hand? He weaves a tale which makes the stories of Alexander Litvinenko and Gareth Williams seem somehow tame by comparison. I’m not going to touch that further than describing it (Google around if you care), but there is precedence for disruptive financial theories causing anger. Let’s tackle the merits of Rob’s arguments, shall we?