Tesla Bear to Bull
I was a Tesla Bear but am net long now because I think it is the right thing to do, not from a pure profit motive but an Ethical investment perspective.
I was a Tesla Bear but am net long now because I think it is the right thing to do, not from a pure profit motive but an Ethical investment perspective.
I found a post that is aligned to my findings with regards to the 4% Rule. This is not conclusive evidence but a way to validate/verify my findings
I validate the 4% Rule using Monte Carlo Simulation and find surprising results. Looks like the 4% Rule is not a Rule afterall!
The 4% Rule is based on studies that have many Flaws.Retirement planning based on these flaws can be fatal! This article suggests an alternative.
The 4% Rule so to speak is based on a few research papers that are based on data analysis of historical returns. The FIRE community makes the mistake of treating it as a Rule per se whereas in reality it is just an expectation based on historic information. The 4% Rule is a statistical Model and like all statistical models, it is wrong but could be useful.