Author Topic: The $1 Million Perpetual Income Portfolio-4% plan  (Read 2685 times)

soccerluvof4

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The $1 Million Perpetual Income Portfolio-4% plan
« on: March 05, 2014, 07:00:17 AM »

We talk about the 4% plan quite a bit so here is just another view on it. Good read and I am not suggesting anything here other than just wanting to share.

http://seekingalpha.com/article/2068003-the-1-million-perpetual-income-portfolio?source=email_the_daily_dispatch&ifp=0

Left

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Re: The $1 Million Perpetual Income Portfolio-4% plan
« Reply #1 on: March 05, 2014, 09:44:08 AM »
ugh... I'm going to need someone smarter than I am at finance to explain this... I see him suggesting to invest $1 million on a roller coaster, does it seem like he is trying to time the market or is it just me with his red/green arrows?

Now, I might be willing to try it if he somehow gave me the $1 million... otherwise, I'm not too sure I'm in it for the that kind of ride

foobar

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Re: The $1 Million Perpetual Income Portfolio-4% plan
« Reply #2 on: March 05, 2014, 11:19:22 AM »
That is a guy who wants managing his finances to be a full time job.  I would argue he isn't anywhere near diversified enough (i.e. Apple, Walmart, and Conoco phillps are 15% of his portfolio. 20% is sitting in 5 reits) and the balance (7% international seems really low. Especially when half of it is stuck in 1 stock). I wonder how often he will update this imaginary  portfolio if it tanks?

ugh... I'm going to need someone smarter than I am at finance to explain this... I see him suggesting to invest $1 million on a roller coaster, does it seem like he is trying to time the market or is it just me with his red/green arrows?

Now, I might be willing to try it if he somehow gave me the $1 million... otherwise, I'm not too sure I'm in it for the that kind of ride

soccerluvof4

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Re: The $1 Million Perpetual Income Portfolio-4% plan
« Reply #3 on: March 05, 2014, 11:24:15 AM »
That is a guy who wants managing his finances to be a full time job.  I would argue he isn't anywhere near diversified enough (i.e. Apple, Walmart, and Conoco phillps are 15% of his portfolio. 20% is sitting in 5 reits) and the balance (7% international seems really low. Especially when half of it is stuck in 1 stock). I wonder how often he will update this imaginary  portfolio if it tanks?

ugh... I'm going to need someone smarter than I am at finance to explain this... I see him suggesting to invest $1 million on a roller coaster, does it seem like he is trying to time the market or is it just me with his red/green arrows?

Now, I might be willing to try it if he somehow gave me the $1 million... otherwise, I'm not too sure I'm in it for the that kind of ride

I agree. I will watch for his updates to see how he pats himself on the back or defends his failure.