tag:blogger.com,1999:blog-5465015914589377788.post3788291033523359003..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Core Argument of “Worry-Free Investing”Michael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5465015914589377788.post-77833246397442964692009-09-13T11:42:46.882-04:002009-09-13T11:42:46.882-04:00Gene: I suspect that what people mostly fear is a...Gene: I suspect that what people mostly fear is a sudden drop in stock prices. Perhaps among those who think long term, many fear underperforming guaranteed investments. I think you're right that someone with take-home pay of $100k and living on only $70k could save enough for retirement with guaranteed investments, but the thundering herd making much less would have great trouble.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-73974064828652601342009-09-13T11:14:20.344-04:002009-09-13T11:14:20.344-04:00Seems like a lot of people prefer guaranteed, but ...Seems like a lot of people prefer guaranteed, but low-return investments over investments with slight long-term risk of inferior returns. I think this attitude is fine as long as someone saves a significant portion from an excellent income and looks forward to working a long time.genehttps://www.blogger.com/profile/05608927986297939720noreply@blogger.com