By: JD

To know the truth about any proposed solution there should to be supporting evidence. Regardless of the persons making the proposition, the truth supports itself. I find it very interesting how many people regurgitate what others say without asking them to provide proof for their proposition. In general Ben made some good points but I cannot agree with some of the things that he said. First, I disagree with the definition for “Being Diversified.” Stock Market history tells us that the market is a very risky place. If the purpose of being diversified is to reduce risk then that is the benchmark, period. Is it possible that there are investments that are not subject to market risk? I know that there are. Unfortunately most of the people giving advice have something to gain from our participation in the movement of market whether it moves up or down so there is an inherent bias in their advice. Secondly, If the goal is to retire with reduced risk, the 401K or 403b “differed taxation” is certainly not the way to go; besides, have you looked at your statement lately? I believe It is important to know that taxes will be lower when my working days are over based on the decisions and choices I make today. A Roth IRA would be preferred retirement vehicle if you must participate in Market based investments.