I like Budd and everything, but how is grieving over a temporary situation a reality check? And why would it be something to base your own investments on? When stuff goes down, people complain. When stuff goes up, people cheer. Stuff was going up, and that's why many of us heard how awesome the pp strategy was.dragoncar wrote:Me too, that said I noticed the same thing as Sophie and I'm kinda surprised how few people voted that they switched to 60/40. I think without the negative posts and helpful responses here, I might have jumped ship long ago. So thanks to all postersbuddtholomew wrote:I wish there were more negative opinions of the PP when I was researching portfolios. All I remember was a book and posts about how awesome the portfolio was. It's called a reality check Sophie.sophie wrote: ~
Meanwhile, 12 of 40 posts (30%) are negative - and that doesn't count the responses to them.
~ Particularly when you're just repeating stuff you've said a gzillion times already. We get it. Nobody is forcing you to buy into the PP, but it looks like you're actively trying to convince everyone else here to avoid it. Why is that?
More to the point, people tend to hear about a portfolio strategy precisely when it's doing well. There's no coincidence there.
There are just two main outcomes here: either the pp will languish for ten years and the complainers will be vindicated and validated, or it will come back and those who stayed the course will.
ADDED: What would really be cool is if someone new realized that now might be a good time to jump into the pp and did so, just as it was becoming unpopular. That would take courage, but it might really pay off.