A.I.M. Users Bulletin Board

[SFSecurity]

Hi Clive, Oh dear, it is so embarrassing to see ones typos highlighted by being quoted. Oh, well, goes with the territory I guess.

Anyway, thanks for your very informative post. I would love to see a copy of your spreadsheet, if you would. Please send it to: [e-mail] if you would.

I find it very useful to see how others approach a common issue because we all bring somewhat different perspectives based on our experience and the environment we live in. Can you imagine having the perspective of Lawrence of Arabia? I sure can't but I love getting it explained as it may give me a clue as to how to deal with a situation I now face, like where the market might go, in either direction, and how best to respond.

Anyway, I have a question about how you have approached the issue of a changing market. You say:

inflation adjusted US share price only (S&P500 index) monthly values as input (ignores dividends and cash interest on the basis that they broadly offset inflation).

If you are using an inflation adjusted S&P 500, why then do you say that dividends and cash offset inflation? Why is it not one or the other, not both?

Best,

Allen