I came across this recently over on The Student Doctor Network. Not sure where it came from, but I thought it was interesting to look at. Not really sure what the Y axis numbers really mean, but the relative relationships were illuminating I thought. What do you think?
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I don't know. The genius of Warren Buffet/PhD quants is debatable...then again, I happen to think that "guns and ammo" are a perfectly reasonable place to store wealth. Heck, the shells I use for shooting skeet cost 40% more than they did 3 years ago.
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Looks more like a humorous meme some random investor posted rather than anything approaching scientific analysis or research.Our passion is protecting clients and others from predatory and ignorant advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087
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I don't think anyone should get hung up on the Y-axis - who knows what will happen in future? But the overall point is well-taken: you should aim to be high on the ladder. I think paying for high-fee loaded mutual funds should be a negative number because the kind of person who would still do that in 2016 (and they're out there) is almost certainly the kind of person making all kinds of awful financial mistakes elsewhere.
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Not sure where it came from...
Click to expand...
MMM posted it back in November 2014.
http://www.mrmoneymustache.com/2014/11/04/why-i-put-my-last-100000-into-betterment/
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