<p>I would expect that bond laddering works better than cd’s? I’ve never heard of the estate put bonds - does anybody have a good source of info on this?</p>
<p>Regarding doct’s earlier point about age…</p>
<p>I was with my 84 year old dad at CVS today…and he was having a hard time figuring out how to pay for razor blades…</p>
<p>I don’t see my dad making too many investment decisions anymore.</p>
<p>I will probably be a mess in my 80’s too unless there is some medical breakthrough.</p>
<p>I read somewhere… I can’t remember where …but after age 53…a person’s financial abilities start to decline. I am sure there are plenty of people where this isn’t true…but I thought that was interesting.</p>
<p>My grandmother stayed pretty sharp until she died at 91…but at age 90 she bought an annuity because she was afraid she was going to run out of money.</p>
<p>Doct…click on pete mitchell’s link to the youtube video…</p>
<p>I don’t think I like these too much…</p>
<p>Hard to redeem them. Did not realize that. There is a cost to buying them. That is not a surprise. The bond buyer better not die right away.</p>
<p>Most of these products are efficiently priced…</p>
<p>[who</a> sells death put bonds - Google Search](<a href=“who sells death put bonds - Google Search”>who sells death put bonds - Google Search)</p>
<p>Dstark: Thanks for the info. They certainly come up with some products don’t they. I’ve thought about some of this stuff for myself. Unfortunately, if something happened to me, I’m certain that my wife wouldn’t have a clue what to do and it would take a lot of time for anybody to figure it out. As I’m doing my taxes, I’m already confused about the past year as I have a stack of stock and options sales to go through.</p>
<p>Doct…these financial firms have to find a way to make money…</p>
<p>Yeah…I understand the rest of your post.</p>
<p>I am going to file for an extension…as usual.</p>
<p>I told my wife that if I die …almost everything can be figured out from the latest tax return…</p>
<p>Somebody here or someplace else on cc mentioned aapl. Anybody planning on selling before Wednesday?</p>
<p>Doct, yes i am…selling my Ipad 1 for the Ipad 3. ;)</p>
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<p>We had the same situation about 10 years ago and we saw how the Fed
would react in a crisis. That’s the approach that they take and they
have to do it exponentially. Read Doug Noland this week for a refresher
on the scales of money that the Fed has to operate on every couple of
years.</p>
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<p>I’d rather be lucky than good. I like to watch what successful people
do and emulate or copy them. I like to use the work of other people
instead of doing it myself but will do it myself if I have to.</p>
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<p>Depression child. Third-world country wife. Save like mad.</p>
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<p>They caused me lots of problems 10 years ago. I could have retired
ten years ago at 5% interest rates.</p>
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<p>Inflation is big and savings is little.</p>
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<p>Don’t fight the Fed.</p>
<p>It’s bad for your health.</p>
<p>I am not really fighting the FED…</p>
<p>I am surprised on how successful the FED has been in getting asset prices up.</p>
<p>I guess when you buy 92% of the long bonds…you are going to move prices.</p>
<p>I’ve seen this play out several times now. I thought that we were toast a few times and we always seem to pull a rabbit out of the hat. Central Bank + Government has a lot of power. Combine that with most of the rest of the world going along and you can do some financial magic.</p>
<p>That’s true.</p>
<p>[url=<a href=“http://prudentbear.com/index.php/creditbubblebulletinview?art_id=10629]PrudentBear[/url”>http://prudentbear.com/index.php/creditbubblebulletinview?art_id=10629]PrudentBear[/url</a>]</p>
<p>Sounds like Noland is as confused as I am…</p>
<p>It’s an interesting question: what kind of fixed rate interest should a passive investor expect?</p>
<p>
Well, if we postulate a “normal” retirement age, they can earn 0% on their savings and still withdraw $20,000 a year until they’re 85. At that point they’re probably going to have to move out of their house for health/independence reasons anyway. If they own that house, and net $200,000 from selling it, they’ve got another $20,000 per year until they’re 95 (or dead, which probably comes first.) </p>
<p>I know everyone wants security, but is it ever guaranteed?</p>
<p>"That’s true.</p>
<p>PrudentBear</p>
<p>Sounds like Noland is as confused as I am… "</p>
<p>There’s an interesting take on the ecri recession call on “seeking alpha” by Doug Short</p>
<p>Whatsdoes 20k plus SS get you? Zero…</p>
<p>Kluge…No…nothing is guaranteed. I don’t really like your analysis too much. ;)</p>
<p>There is a large danger you outlive your money.</p>
<p>I really like Doug Short…a lot…</p>
<p>He is a little too negative…</p>
<p>And that recession call by ECRI…pretty bad…</p>
<p>I guess I will read it later.</p>
<p>Actually, he’s saying that Acuthan’s recession call for this year is off base and at the earliest it would be in 2013.</p>
<p>Ok…I read it. That is right, doct.</p>
<p>The call is bad.
Doug Short has been too negative for me…With his charts…</p>
<p>But I do love his charts. A contradiction…what can I say?</p>
<p>Well supposedly we won’t know if we’re in a recession until roughly 6 months after it has started so who knows right now? Acuthan’s argument is that people are looking at lagging and coincident indicators that do not give an accurate picture of what’s going on much like what happened in 2008 when much later the recession started in December of 2007.</p>
<p>We aren’t in a recession…</p>
<p>The guy is making excuses.</p>
<p>I hate that.</p>
<p>You make a call you …you own up to it.</p>