2 ms·
The FIRE community were definitely extrapolating from a 15 year bull run and assuming they had the foresight to find the next FAANG for the next 40 years. I li
by benjaminwootton 4y ago
The FIRE community were definitely extrapolating from a 15 year bull run and assuming they had the foresight to find the next FAANG for the next 40 years. I like a lot of the FIRE stuff but I didn’t the numbers held up over a long retirement when you factored in inflation.
- berkle4455 4y agoI was mostly frustrated with the "100% VTSAX" mantra, especially across 2020-2021, as every possible valuation measurement was screaming how overvalued things were. And any attempt at pointing these things out received a harsh reply of "4% rule!" and "Stick to your allocations!" and pictures of 10-yr charts.
- nightski 4y ago100% VTSAX has actually performed pretty well relatively. International & Bond markets are not doing great either.