tag:blogger.com,1999:blog-5465015914589377788.post1810445764316159952..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: How to Account for High Stock Prices in Retirement SpendingMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5465015914589377788.post-58132653494881937932021-03-20T17:02:09.604-04:002021-03-20T17:02:09.604-04:00Hi Jim,
Glad you like the site. Bond prices are ...Hi Jim,<br /><br />Glad you like the site. Bond prices are very high too, so it's hard to justify shifting into bonds. I don't believe I can out-trade the pros who control much of the market. So, I stick to my allocations based on my age. Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-66667421428340150972021-03-20T15:14:53.547-04:002021-03-20T15:14:53.547-04:00Hi Michael, stocks do appear expensive based on th...Hi Michael, stocks do appear expensive based on the CAPE measure. As an alternate approach, did you consider increasing your bond allocation during periods of expensive stock prices?<br /><br />Btw, thank you for your site. It’s probably my favourite financial blog.Jim Turnbullhttps://www.blogger.com/profile/16141660549510415017noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-39514413119440715482021-03-19T16:45:33.010-04:002021-03-19T16:45:33.010-04:00As of the end of 2020, the web site below says the...As of the end of 2020, the web site below says the Canadian CAPE10 is 22.82:<br /><br />https://siblisresearch.com/data/cape-ratios-by-country/<br /><br />Based on the increase in Canadian stock prices since then, it would seem the Canadian CAPE10 is a little under 25. Are there other more authoritative sources for more recent Canadian CAPE10 values?Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-32647045776914580002021-03-18T08:05:03.576-04:002021-03-18T08:05:03.576-04:00Hi Sebastien,
I originally got the idea for using...Hi Sebastien,<br /><br />I originally got the idea for using scripts to send emails from a reader -- one of the many benefits of writing this blog. Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-7722308171459777332021-03-18T07:22:24.266-04:002021-03-18T07:22:24.266-04:00+1 for seeing a public version of your spreadsheet...+1 for seeing a public version of your spreadsheet. I know it would be a tonne of work, though.<br /><br />I will put out a big thanks to you for originally talking about the script you added years ago to email out re-balance alerts... That inadvertently set me off on a Google Apps Script adventure that continues to this day :) Sebastien Benoithttps://www.blogger.com/profile/01039283591320845645noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-81043231068777376612021-03-17T19:22:42.364-04:002021-03-17T19:22:42.364-04:00Anonymous,
My stock mix is 30% Canada, 45% U.S., ...Anonymous,<br /><br />My stock mix is 30% Canada, 45% U.S., and 25% international. So, there is some logic to blending CAPE figures. So far, I've only used the U.S. figure to test the idea. I'm still deciding what to do about Canada and international CAPE figures.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-81437447383462356062021-03-17T18:52:08.951-04:002021-03-17T18:52:08.951-04:00What about the Canadian Market?
Currently the CAP...What about the Canadian Market?<br /><br />Currently the CAPE10 is 21.1 and the median figure is 19.4. Does your spreadsheet account for that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-90556767486920277322021-03-17T16:01:59.981-04:002021-03-17T16:01:59.981-04:00Anonymous,
I've tried several times to remove...Anonymous,<br /><br />I've tried several times to remove personal information from my spreadsheet and make it generic enough to be useful to others, but without success so far. I have some ideas for doing that to just parts of the spreadsheet, but I haven't done that yet.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-67885113670147546212021-03-17T15:23:22.571-04:002021-03-17T15:23:22.571-04:00Sounds like an interesting approach.
As an Excel...Sounds like an interesting approach. <br /><br />As an Excel addict myself, I implore you to please share your spreadsheet. :) I guess it would take some time to "make ready for public consumption" but my favorite times are playing with other's tools, seeing what I might use for myself, etc.Anonymousnoreply@blogger.com