Mad Money Machine

by Paul Douglas Boyer

MMM-061: SWR – Safe Withdrawal Rate

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Mad Money Machine show 61

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Robert Kiyosaki does not understand the big picture.

Ways to save money: For Christmas, buy her tickets to a play on Valentine’s Day. Get married on her birthday.

Chill down spine moment: when your actively managed mutual fund turns over all of its stocks.

In memory of Buddy.

Buy Duff Meats!

Safe withdrawal rate resources:
http://www.fidelityresearchinstitute.com/pdf/Beyond_Conventional_Wisdom.pdf
http://www.fpanet.org/journal/articles/1996_Issues/upload/15388_1.pdf
http://www.efficientfrontier.com/ef/998/hell.htm
http://bobsfiles.home.att.net/trinity.htm
http://bobsfiles.home.att.net/withdrawlinks.html
http://www.bylo.org/news/wsj17nov04jc.html

Also have a look at zunna.com and firecalc.com

Download the show directly MMM-061.mp3

Music from music.podshow.com:

Alta Plaza – XRAY Dogs

Wed, May 2 2007 » Podcasts

One Response

  1. Pug May 15 2007 @ 1:32 pm

    Hey Paul – you’re right on the money with Robert Kiyosaki. The guy’s either totally clueless, or simply a scam artist trying to provoke additional sales of his poorly written books. Instead of wasting time with “Rich Dad, Poor Dad”, I would recommend “The Millionaire Next Door” as a much better read. How about adding Stanley/Danko to Guru Roulette? Afterall, to be a successful passive investor, you have to avoid wasting your hard-earned cash in the first place.

    Keep it authentic !