‘Rich Dad’ Robert Kiyosaki Reveals Why the 401(k) Is a ‘Horrible’ Retirement Plan (tax, transfer)

[mathjak107]

Originally Posted by Wile E. Coyote

Oh, I had no idea. So, you actually own this Carolina Reaper? or this NTSX?

That's pretty intriguing. I am sure they have fees.

i posted in the post your trades thread yesterday that i was playing around with it .

these are etf funds , like all etfs the fees are already in the fund price so nothing is taken out additional

those returns include fund expenses


i am trying the carolina reaper version

[mathjak107]

Originally Posted by Wile E. Coyote

I guess asness said this in November "Bonds are starting to look pretty, pretty reasonable. Equities on the other hand, globally, but particularly in the U.S., kind of look like they're whistling past the graveyard,"

I've got work to do TTYL gator.

well if this years returns are whistling past the graveyard i will burst in to singing .

in the mean time the carolina reaper uses leveraged bond funds too , so they carry a lot of weight which is where the " as safe as a 60/40" comes in .

there is a whole risk parity thing going on internally with these portfolios .

so yes back testing has shown them to generate higher returns without taking on more risk but in todays world they dont have much history .

so i am dipping my toes in one to see for myself


it involved buying 3 etfs

you cant buy these funds in a 401k but after agreeing to certain disclosures on them you can buy them in an ira or taxable account

[Wile E. Coyote]

Originally Posted by mathjak107

well if this years returns are whistling past the graveyard i will burst in to singing .

in the mean time the carolina reaper uses leveraged bond funds too , so they carry a lot of weight which is where the " as safe as a 60/40" comes in .

His comment was November 2023. Maybe he's pulled out or hedged who knows. It makes me want to throw up thinking about it. It's fun when it goes up and not so fun when it drops.

[mathjak107]

these leveraged funds are still pretty new and they can have unintended consequences…

but i am open to trying different methods of growing and preserving what we have as long as volatility stays within the range i want to be .

this is all long term money so it has decades still to work through any down turns.
so i put a bit in the reaper and let’s see how it does

[Wile E. Coyote]

Originally Posted by mathjak107

these leveraged funds are still pretty new and they can have unintended consequences…

but i am open to trying different methods of growing and preserving what we have as long as volatility stays within the range i want to be .

this is all long term money so it has decades still to work through any down turns.
so i put a bit in the reaper and let’s see how it does

I like the concept (a lot).

I understand it's money you do not think you will utilize in your lifetime.

[mathjak107]

Originally Posted by Wile E. Coyote

I like the concept (a lot).

I understand it's money you do not think you will utilize in your lifetime.

who knows one day it may replace my growth and income portfolio which is our biggest segment , but for now i just want to see how it acts.

i like the idea the reaper brings a market segment into play most of us don’t get involved with and that’s is managed futures contracts.

those are well beyond anything i would do on my own and it adds a level of risk parity the other portfolios lack.

maybe later i will start a thread on these models as they dont belong here

[mshultz]

Originally Posted by Wile E. Coyote

Why tout 100% equities on the retirement forum? I was 100% equities in 2000 and 2008. Fun times. That's how I learned my risk tolerance wasn't what I thought it was. We have 2000 incoming. The market would be down if not for the magnificent 7. Which means? It means when it gets flushed down the toilet it's going to be more like 2000 than 2008.

I was 100% S&P 500 & Total Stock Market Index Funds from 1996, after I had paid off the mortgage and could invest, until 2020 when mom died and I inherited other funds. It requires absolute faith in the upward trend of the stock market. This is not something I can pass on to others. This kind of faith comes from within.

[Wile E. Coyote]

Originally Posted by mshultz

I was 100% S&P 500 & Total Stock Market Index Funds from 1996, after I had paid off the mortgage and could invest, until 2020 when mom died and I inherited other funds. It requires absolute faith in the upward trend of the stock market. This is not something I can pass on to others. This kind of faith comes from within.

I started too late. In 2000 that was only Year 3 for me. I had done a lot of studying. But, not enough on the behavioral aspects. I should have leaned into real estate (more than just my residence) had I known myself better.

[Wile E. Coyote]

Originally Posted by mathjak107

who knows one day it may replace my growth and income portfolio which is our biggest segment , but for now i just want to see how it acts.

i like the idea the reaper brings a market segment into play most of us don’t get involved with and that’s is managed futures contracts.

those are well beyond anything i would do on my own and it adds a level of risk parity the other portfolios lack.

maybe later i will start a thread on these models as they dont belong here

Oh, I think that would be an interesting thread.

[Dino1]

IMO 401K is not as good as the now near exctinct pensions, but they still are an essential component of good retirement. If you start with them very early in life and gradually raise your contribution rate as you get older you will do fine.