Episode 255: Some 401k/IRA Basics, Reading Articles With Critical Thinking, And More On Leveraged Funds
Risk Parity Radio
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Is the United States a Lucky Survivor?
The safe withdrawal rates determined from US historical data may be disproportionately high due to significant survivorship bias. This cast doubt that the US historical data is a reliable crystal ball use as a model for portfolios consisting of US only investments. I don't think investors would just blindly spend down their entire portfolio as it kept falling and falling at a level worse than the current sample of US historical data.
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