gsp_ wrote:If you actually believed that you could consistently picks winners and identify duds you'd employ a completely different strategy than the one you do.
Instead you're at 65% FI before factoring in a pension that covers all your expenses(what's that 75-90%? FI). Either you don't believe your own spiel or you don't like money and based on your posting history we know it can't be the latter.
Ahhh OK, I get it, you were being sarcastic in your earlier post. Probably not the best way to actually understand someone else, but each to their own.
For myself, I am very conservative and always have been. I spend lots of time trying to come up with ways to better my returns. If I discover from my back testing that a certain philosophy appears to be a good way to proceed, then I give it a go. If it works for a number of years I'll go down that road, but my conservative nature holds me back from committing too heavily.
I have discovered that in Canada it isn't that difficult to beat the index. Others on FWF agree with me it seems. There are compelling reasons for this if you take the time to investigate. I've gone down this road for quite a few years and it works.
I guess if I wasn't a conservative guy I would go all in as you seem to encourage, but it's hard to understand when you're being sarcastic or not, so I'll stick to my conservative nature and use my small (35%) allocation to stocks and do my best to beat the index with that portion.
ltr