moorfield wrote:Itsallaguess wrote:
In the chart below, I've pulled out data from the above post just comparing income from HYP1 and Luni's Basket of Seven -
quote]
... but Pyad's income comparisons were always versus inflation, not a basket of ITs, weren't they?
I was only using the above chart in my earlier post (and the link to Arb's chart too..) to highlight what seems to be a clear difference in meaning when Ian might choose to repeatedly use words like 'better' when regularly discussing these types of issues.
If we're talking about a proposed income-strategy that is hoped to rise predictably and reliably for use as a source of retirement-funding, I'd personally like to use the word 'better' to describe the line in the above chart made by the Basket of seven income over the large number of years between 2007 and 2019, because predictability and reliability are going to be really, really important to me during what I hope to be a long period of retirement, even if that predictability and reliability came at the expense of some level of total-return in overall income or capital...
It seems that when Ian uses the word 'better', he'd be popping up in 2019 after the above HYP1 performance, where for a single period it actually rose up above the Basket of seven line, and he'd start to loudly pop the 'better' champagne corks...
It seems that when it comes to income-investing for retirement purposes, we're using the same words, but it's clear that we're often speaking a completely different language, unfortunately...
Cheers,
Itsallaguess