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MJ DeMarco
I followed the science; all I found was money.
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The current post is highlighting inconsistencies between that and MJ's portrayal of investment in his book.
There are no inconsistencies other than your lack of understanding.
Just because you don't understand something, doesn't mean it is inconsistent.
In other words, you've interpreted what I've written it in a vacuum. Investing doesn't occur in a vacuum.
The best investments for 5% change and are cyclical. It could be bonds, it could be sovereign debt, it could be banks, it could be munis, it could be REITS, it could be dividend stocks.
I've detailed on how this works right here, and in real time.
Money System Management: Real Example, Closed-End Fund
I'm guessing you didn't bother reading that. That fund pays more than 5% when taxes are taken into consideration. And I showed how I manage it based on "a ten second peek." (I don't own it now and did not suffer in its decline.)
Some assets I DO own ...
Southern Company - Pays a 5.25% (Disclaimer: I own it, started buying AFTER the big declines)
Holly Energy - Pays a 8.8% (Disclaimer: I own it.)
AT&T - Pays 6.04% (Disclaimer: I own it.)
LTC - Pays 6.46% (Disclaimer: I own it.)
STAG - Pays 6.06% (Disclaimer: I own it.)
None of these investments require a significant time output.
However I will admit that I peek at these daily (not weekly) simply because I own another business in the financial space involving options. (That business is detailed in a 40 page thread on the inside.)
Because I'm already eyeballing the market in that business, I do look more so than say, the average person.
And finally, no financial instrument is immune from a financial apocalypse. If a 2008 or a 1987 "event" occurs, EVERYONE will take a hit, some more so than others. The "others" that will take it on the chin are the folks who use the markets for wealth accumulation, not capital deployment, liquidity, and income.
I am in the latter.
Money market cash is also an investment --while a 2% return is nothing exciting, it's better than a stock that loses 20%.
I would NOT also recommend allocating your entire nest egg into the market, but only what you want from the "Paycheck Pot."