Search found 4864 matches

by bobcat2
Sun Oct 15, 2017 10:00 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

So in summary and conclusion: - economists assume on average individuals are unbiased estimators - i.e. that they, on average, lead markets to behave as rational (otherwise arbitrage opportunities would emerge) - in financial markets the lack of investing strategies and individuals who sustainably ...
by bobcat2
Thu Oct 12, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

And Taleb does so with rich imagery and out-of-the-ordinary syntax. His use of language nudges the reader to slow down and read carefully. Yes, you have to read Taleb slowly and carefully. I have to reread. :) Richard Thaler fell into the trap of not reading carefully when he responded on Twitter t...
by bobcat2
Thu Oct 12, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Taleb - Why" Nudge" and much of Behavioral Econ is bullsh*t science

Why" Nudge" and much of Behavioral Econ is bullsh*t science - Nassim Taleb Behavioral economists tend to produces biases that are not biases; these are almost always stemming from the lack of knowledge of risk and probability by the "scientists". They lead to "nudges" and recommended actions that ar...
by bobcat2
Thu Oct 12, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

His [Taleb's] use of language nudges the reader to slow down and read carefully. It was once said that the role of the prophet was to “comfort the afflicted and afflict the comfortable.” Taleb dead lifts with the hoi polloi and seeks to draw blood in his disagreements with elitists. Say what you wi...
by bobcat2
Wed Oct 11, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: Taleb believes Thaler is an Intelectual Yet Idiot

I am guessing that Taleb has not read Nudge and Misbehaving and possibly misunderstands Thaler. Hi Victoria, I am not buying that Taleb has not read Nudge or misunderstands it. Taleb is talking about people that are what he calls IYIs - Intellectual Yet Idiots. And of all the people in the world he...
by bobcat2
Wed Oct 11, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Taleb believes Thaler is an Intelectual Yet Idiot

In September of last year Nassim Taleb published online an excerpt from his forthcoming book, Skin in the Game . The excerpt deals with people Taleb refers to as IYIs - Intellectual Yet Idiot. The specific example of an IYI Nassim uses is Richard Thaler or Richard Thaler types. Taleb describes such ...
by bobcat2
Tue Oct 10, 2017 11:31 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

It apparently began with this Taleb criticism of Thaler.
@JamesMarsh79 alerted me that smokevendor @R_Thaler finds Kelly/Thorpe criterion a mistake.

To which Thaler replied.
"Proud to be in the good company of those Taleb calls an idiot, but I have never said a bad word re Kelly crit."

BobK
by bobcat2
Tue Oct 10, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

What Nassim Taleb and Richard Thaler think of each other from earlier this year when they were tweeting back and forth. Taleb on Thaler - "Outside your sh*t papers, in the real world, risk-takers work with thresholds to simplify life." Thaler on Taleb - "Proud to be in the good company of those Tale...
by bobcat2
Tue Oct 10, 2017 6:30 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

It is hush hush when they send out the consultation with experts. Those consulted are not supposed to divulge that information with others. That's why I get dressed down, I had seen part of the report. More importantly, I now knew of its existence with regard to Klein. March-May – Consultation with ...
by bobcat2
Tue Oct 10, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

^This is easy to understand when you know how potential Laureates are nominated and which people are allowed to lobby for candidates. It is also helpful to be a really nice person that hasn't pissed off their colleagues. Bobcat2 wrote. It is extremely bad form to lobby for Nobel candidates and the ...
by bobcat2
Tue Oct 10, 2017 6:02 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

The prize was awarded 6 times to someone from U of C. It's almost like they have an exclusive on the Nobel prize for economics. Hardly. Chicago is well behind MIT. Among the MIT econ department's past and current faculty and alumni are several recipients of the Nobel Prize in Economics: (19 in all)...
by bobcat2
Tue Oct 10, 2017 5:33 pm
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]

^This is easy to understand when you know how potential Laureates are nominated and which people are allowed to lobby for candidates. It is also helpful to be a really nice person that hasn't pissed off their colleagues. Now, that Thaler's Nobel is accomplished, Kahneman can nominate Taleb. I doubt...
by bobcat2
Mon Oct 09, 2017 8:54 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Re: Thaler wins Nobel prize for work in behavioral economics

Here are links to additional articles. http://www.chicagotribune.com/news/nationworld/ct-nobel-prize-economics-richard-thaler-20171009-story.htm https://www.theguardian.com/business/live/2017/oct/09/nobel-prize-in-economics-due-to-be-unv https://www.nbcnews.com/business/economy/american-richard-thal...
by bobcat2
Mon Oct 09, 2017 7:52 am
Forum: Investing - Theory, News & General
Topic: And the Nobel Memorial Prize in Economic Sciences goes to [Richard Thaler]
Replies: 80
Views: 6470

Thaler wins Nobel prize for work in behavioral economics

Richard Thaler Wins Nobel for Work in Behavioral Economics.
https://www.nytimes.com/aponline/2017/1 ... omics.html

BobK

[merged bobcat2's posts into this existing thread - moderator prudent]
by bobcat2
Sat Oct 07, 2017 9:27 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 138
Views: 13933

Re: Bogle himself is saying we will expect like 3% for the next decades

What's so surprising about 3% returns going forward? So far this century the real return for the US stock market is 3.5%. One half percent below that over the next 10 years is hardly a big change. 3.5% Real Annualized Wilshire 5000 Return, Dividends Reinvested from 12/31/1999 - 10/6/2017 Link to Wil...
by bobcat2
Sun Oct 01, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: New Developments in LT Asset Management - Merton in London
Replies: 0
Views: 279

New Developments in LT Asset Management - Merton in London

New Developments in Long-Term Asset Management - Robert Merton -Set goals -Maximize probability of hitting your goal -Use all risk management techniques - hedge, insure, & diversify -You don't know what's risky, if you don't have a well defined goal -Discussion of risk-free asset & surrogate risk-f...
by bobcat2
Thu Sep 28, 2017 4:46 pm
Forum: Investing - Theory, News & General
Topic: 2016 Federal Reserve Survey of Consumer Finances released
Replies: 4
Views: 848

Re: 2016 Federal Reserve Survey of Consumer Finances released

Survey of Consumer Finances

2016
median family income $52,700
mean family income $102,700

BobK
by bobcat2
Wed Sep 27, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: See SAM for advice - SmartAboutMoney
Replies: 8
Views: 1414

Re: See SAM for advice - SmartAboutMoney

livesoft asked Do you have more information [on the SAM website]? Yes, I have a good deal of additional information on the credentials of the SAM website. The National Endowment for Financial Education (NEFE) is the organization that produces SAM. Here is some information about NEFE from their websi...
by bobcat2
Wed Sep 27, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: See SAM for advice - SmartAboutMoney
Replies: 8
Views: 1414

See SAM for advice - SmartAboutMoney

For free, solid, and unbiased personal finance advice visit SAM - SmartAboutMoney website.
Link to SAM - https://www.smartaboutmoney.org/About

BobK
by bobcat2
Tue Sep 26, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 4106

Re: measurement of success of investment(s)

The funded ratio is not the present value of a wealth target at retirement as Kitces mistakenly believes. It is instead the present value of the retirement income target . Therein lies an ocean of difference. The funded ratio is a metric used to monitor your retirement investment plan. It is simply ...
by bobcat2
Sat Sep 23, 2017 12:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Slides from Sita Slavov presentation on Social Security claiming strategies

Yesterday Sita Slovac was kind enough to email me her Powerpoint slides from her presentation last Sunday. Here is a link to the presentation slides. Efficient Retirement Design: Combining Private Assets and Social Security to Maximize Retirement Resources Link - https://drive.google.com/file/d/0B53...
by bobcat2
Thu Sep 21, 2017 11:04 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 8886

Re: Bogleheads you would most like to meet and why?

I would like to meet Murray Boyd. Murray appears to be both thoughtful and inquisitive, and to have a good sense of humor. These are attributes I hope I have, but I'm not sure I do to the degree I would like. Plus, I think Murray lives in a cool city I have never visited.

BobK
by bobcat2
Wed Sep 20, 2017 7:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

I should have made this point explicitly in my earlier posts, but I didn't. We are talking about real interest rates and changes in real interest rates. We are not talking about nominal interest rates or changes in nominal interest rates.

BobK
by bobcat2
Wed Sep 20, 2017 5:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

Slavov had a table that compared saving 1% more of your income for a fixed number of years compared to how many months you would have to postpone retirement to get the same retirement benefit. The lower the interest rate, the fewer months you had to postpone retirement to get the same benefit as sa...
by bobcat2
Wed Sep 20, 2017 5:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

You want to increase your level of retirement assets at retirement in several years. You could a) Increase your savings rate b) Postpone retirement The higher the interest rate the more benefit you get from increasing your savings rate. Postponing retirement is much less affected by the level of int...
by bobcat2
Wed Sep 20, 2017 3:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

One thing I learned from Sita Slavov's presentation, which is rather important, is that when interest rates are low, as they have been for the last several years, postponing retirement becomes an increasingly more potent retirement financial tool relative to increasing your pre-retirement savings ra...
by bobcat2
Tue Sep 19, 2017 7:03 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 2885

Re: The Difference Between Risk and Uncertainty

Difference between pure risk and speculative risk. From the glossary of terms from IRMI (International Risk Management Institute). speculative risk Uncertainty about an event under consideration that could produce either a profit or a loss, such as a business venture or a gambling transaction. A pur...
by bobcat2
Tue Sep 19, 2017 2:50 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 2885

Re: The Difference Between Risk and Uncertainty

There is a consensus on climate change. There is a consensus on evolution. There is a consensus on the meaning of risk. On each of these subjects there is a small minority of skeptics and deniers, but nonetheless there is consensus on all three of these topics. Here is the consensus on risk. You can...
by bobcat2
Tue Sep 19, 2017 11:34 am
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

There was considerable discussion Sunday about the long-term solvency of the Social Security system. Those interested in this issue should find the following helpful in understanding the causes of the shortfall. In 2013 at the Retirement Research Consortium annual meeting here in Washington the Chie...
by bobcat2
Tue Sep 19, 2017 10:37 am
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

During Victoria's presentation on staying safe online, she brought up internet security expert Brian Krebs. Here are Krebs's 3 basic rules for online safety. 1) If you didn’t go looking for it, don’t install it! 2) If you installed it, update it. 3) If you no longer need it, remove it. If Krebs were...
by bobcat2
Mon Sep 18, 2017 9:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

Re: DC Bogleheads Meeting in Ballston with Sita Slavov

Yesterday Professor Slavov gave an excellent presentation to DC Bogleheads concerning Social Security claiming strategies. Her presentation was about 45 minutes long, but since Sita allowed unlimited questions during the presentation, she stood for about an hour and a half. I don't see how she kept ...
by bobcat2
Sun Sep 17, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: The Difference Between Risk and Uncertainty
Replies: 41
Views: 2885

Re: The Difference Between Risk and Uncertainty

In finance and economics risk is uncertainty that matters. You and I flip a coin 100 times. I get a penny for every head and you get a penny for every tail. There is uncertainty about who will come out ahead, but there is no financial risk. Same game, but now $5,000/flip. Same amount of uncertainty,...
by bobcat2
Sat Sep 16, 2017 1:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: DC Bogleheads Meeting in Ballston with Sita Slavov
Replies: 23
Views: 1989

DC Bogleheads Meeting in Ballston with Sita Slavov

Our next meeting will be tomorrow, Sunday, September 17, from 3-5 in the 2nd floor meeting room of the Ballston library. Sita N. Slavov, professor of public policy and director of the public policy Ph.D. program at George Mason University, will be our guest speaker. Sita is also a faculty research f...
by bobcat2
Sat Sep 16, 2017 1:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master thread for Washington DC Area Bogleheads
Replies: 112
Views: 28239

Re: Master thread for Washington DC Area Bogleheads

Our next meeting will be this coming Sunday, September 17, 3:00-5:00, in the second floor meeting room at the Arlington, VA Central Library, 1015 N. Quincy Street, Arlington, VA 22201. The second floor meeting room is on the south side of the library, just to the left of the glass enclosed quiet rea...
by bobcat2
Tue Aug 22, 2017 1:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master thread for Washington DC Area Bogleheads
Replies: 112
Views: 28239

Re: Sunday Sept 17 meeting on Social Security claiming strategies

In my post just before this one, the number of articles referenced on the topic of Social Security claiming may seem overwhelming to the reader. So for Sita Slavov's take on Social Security claiming I would suggest starting with the following two articles. The first is the policy brief by her freque...
by bobcat2
Sat Aug 19, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a source of advice (multifaceted situation)
Replies: 7
Views: 1621

Re: Looking for a source of advice (multifaceted situation)

Baw, Federal Agent asked me if I had any advice for your situation. So here goes - for what it's worth. I advise people to check out Kent Smetters list of approved financial advisors. Kent is a financial economist at the Wharton school. He co-founded a national registered investment advisory firm th...
by bobcat2
Fri Aug 18, 2017 3:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master thread for Washington DC Area Bogleheads
Replies: 112
Views: 28239

Sunday Sept 17 meeting on Social Security claiming strategies

Our next meeting will be Sunday, September 17, from 3-5 in the 2nd floor meeting room of the Ballston library. Sita N. Slavov, professor of public policy and director of the public policy Ph.D. program at George Mason University, will be our guest speaker. Sita is also a faculty research fellow at t...
by bobcat2
Sun Aug 13, 2017 10:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master thread for Washington DC Area Bogleheads
Replies: 112
Views: 28239

Re: Master thread for Washington DC Area Bogleheads

Our next meeting will be Sunday, September 17, from 3-5 in the 2nd floor meeting room of the Ballston library. Tentatively, a special guest will be making a presentation on Social Security and Social Security claiming strategies. The guest has co-authored several articles and papers on Social Securi...
by bobcat2
Fri Aug 04, 2017 5:23 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 881507

Re: What Movie Have You Recently Watched?

Saw Detroit last week. To say the least, it's intense. It happened fifty years ago. But it seems like it could have happened yesterday. It remains surprising to me that America's most masculine movies continue to be made by a slender soft spoken female director in her 60s. How does Ms. Bigelow do it...
by bobcat2
Wed Jul 19, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 196
Views: 27794

Re: Your Retirement Number, or, calculating the funding ratio

Reviving an older thread to ask about the status of Income Solutions (and explore any alternatives). When I first tried to calculate my FR following Bob's informative post some months ago, I could find all the annuity quotes I needed from Income Solutions (via VG's site). There was one company (Pru...
by bobcat2
Tue Jul 18, 2017 2:48 pm
Forum: Investing - Theory, News & General
Topic: In Pursuit of the Perfect Portfolio: Robert C. Merton
Replies: 5
Views: 1372

Re: In Pursuit of the Perfect Portfolio: Robert C. Merton

It is apparent in watching the video that Lo and Merton are friends and colleagues, which is understandable given that they are past mentor & student. Lo was once a star grad student and grad assistant to Merton. Lo was also the prime mover in getting Merton to return to MIT from Harvard. In the pre...
by bobcat2
Fri Jul 14, 2017 12:00 am
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 9723

Re: DFA Retirement Income Strategies

Would the DFA fund be preferable to the bond ladder? If so, why? If not, why not? What are the main reasons a person would select the DFA fund over the ladder or vice-vera. I would not anticipate managing the ladder would be a logistical problem. Buy the Tips and hold to maturity and redeem one eac...
by bobcat2
Thu Jul 13, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: DFA Retirement Income Strategies
Replies: 83
Views: 9723

Re: DFA Retirement Income Strategies

Bob,(or others). I calculated the yearly amounts that can be withdrawn using DFA income calculator. I used $250,00 ($250,000) as the invested amount. The estimated payout over 25 years for the "median" yearly withdrawl was $10,500.00. The question I have is why would the DFA Target retirement fund ...
by bobcat2
Thu Jul 06, 2017 6:33 pm
Forum: Investing - Theory, News & General
Topic: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series
Replies: 72
Views: 7451

Re: Using Funded Ratio to drive retirement investment plan - Part 1 of Funded Ratio series

On the other hand, just to point out the obvious: how do you "use the Funded Ratio to drive your retirement investment plan" when the funded ratio is exactly as volatile as your portfolio? That is not true. The volatility of the funded ratio is measured in income units. It is sensitive to changes i...
by bobcat2
Thu Jul 06, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 836

Re: New retirement solution aims to improve retirement outcomes for Canadians

"Prioritizing sustainable income in retirement rather than wealth accumulation should be a focus for not only plan members but also plan sponsors." - Robert Merton The introduction of this solution shifts the focus of the retirement conversation away from "What is the total savings I need to retire...
by bobcat2
Thu Jul 06, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 836

Re: New retirement solution aims to improve retirement outcomes for Canadians

Sun Life's next generation target date retirement solution This new retirement solution will be integrated with Sun Life's digital enrollment tools to create a fully digital member experience. The introduction of this solution shifts the focus of the retirement conversation away from "What is the t...
by bobcat2
Wed Jul 05, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: New retirement solution aims to improve retirement outcomes for Canadians
Replies: 4
Views: 836

New retirement solution aims to improve retirement outcomes for Canadians

TORONTO, July 5, 2017 Sun Life Assurance Company of Canada ("Sun Life") today announced plans to launch a next-generation target date solution designed to improve the retirement outcomes of group savings plan members in Canada. The retirement solution will be a first for the Canadian market. The new...
by bobcat2
Sun Jun 25, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4781

Re: Reverse Mortgage Considerations

The Problems With Reverse Mortgages The above WCI article begins with a section titled, Home Equity Isn’t Doing Nothing . https://www.whitecoatinvestor.com/the-problems-with-reverse-mortgages/ The section starts with the following quote. Perhaps the thing that bothers me the most about the reverse ...
by bobcat2
Sun Jun 25, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4781

Re: Reverse Mortgage Considerations

Reverse Mortgages- Has Anything Changed? https://www.whitecoatinvestor.com/reverse-mortgages-has-anything-changed/ The above WCI article lists seven ways reverse mortgages can be used - some of which I consider dicey. It left out all the following ways reverse mortgages can be used, and this is only...
by bobcat2
Sun Jun 25, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage Considerations
Replies: 58
Views: 4781

Re: Reverse Mortgage Considerations

Reverse Mortgages- Has Anything Changed? https://www.whitecoatinvestor.com/reverse-mortgages-has-anything-changed/ The above WCI article starts with the following sentence. Like whole life insurance, reverse mortgages and those who sell them have a terrible reputation among financially savvy folks ....