Boomer retirement plans fall short

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03-14-2011, 08:11 AM

#21

globalexpress

Gets Weekends Off

Joined APC: May 2009

Posts: 474

Quote:

Originally Posted by DAL 88 Driver

For what I think is a very good answer to that question, download and read the report I posted about earlier. It directly addresses your concerns... and does so in a much more thorough manner than would be practical for me to do here. I would copy/paste the report into this thread, but it's in a .pdf format with some graphics and charts, and I don't think it would copy/paste very well.

Sorry, but I am not interested in the products Ms. Snider has to sell, and I already know the answer to the question. We had this discussion about Ms. Snider before. You posted a link to her website, and she had mathematical errors on her site, which I tried to point out. We also had a discussion about computing an internal rate of return, which I believe you dismissed so you'll notice that I ended posting on the subject because it was obvious that you were going to stick to computing returns on investments that were mathematically incorrect.

As I said to you before, good luck with Ms. Snider's products. They are not for me.

03-14-2011, 08:58 AM

#22

DAL 88 Driver

At home on the maddog!

Joined APC: Mar 2009

Position: ATL MD-88A

Posts: 2,874

Quote:

Originally Posted by globalexpress

Sorry. I remember discussing this here before, but I didn't remember who had participated in the discussion or what they had said. I'm not trying to sell products for Snider Advisors to anyone. A question was asked, and I think the report I referenced provides a good, complete answer to the question. You asked a question, and I think it answers your question as well. Feel free to look at it, or not. I don't really care.

I don't remember the specifics of our previous disagreement, but it sounds like it revolves around the way Snider Advisors calculates yield for the Snider Method. I believe it is appropriate to use this type of measurement for a cash flow investment like the Snider Method, and it would be inappropriate (and misleading) to use the "internal rate of return" calculations you reference. That's my opinion. Of course, you are free to disagree with that and to look at your investments any way you want to look at them.

Again, I'm not trying to sell anything to anyone and don't really care whether you or anyone else is interested in Snider Advisor's products. If what I post is helpful to others, then that's great (and my intention). If not, then disregard.