Quote:
Originally Posted by BlueStarAirlines
Thats the problem right there! It was never intended as a rule...more of a guideline. Over the years it became "a rule" that people viewed as inflexible and unchangeable, so thats why you literally see almost everyone questioning the 4%. Its kind of like the recommendation to walk 10,000 steps or drink 8 glasses of water, general guidelines that people now follow to the step...er...glass.
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I wonder why when the markets were breaking all time highs the gurus didn't change the "guideline" to 5%. I think I know. Without my money they make no money.