Still want to talk % and qualitatively when I have posted a detailed cost computation.
What is the point of raising objections, include those savings and tell us what is the annualized return?
The point of the article is that the annualized return is not fantastic as claimed by RE pumpers, in his article, is not 25.2%. Obviously, is not so low as 3.1%. He was exaggerating. Countering that 3.1% is too low have not disproved his point that the investment is not that great i.e. not 25.2%. His article is accurate but not precise. So what is the annualized return for his example? Historical annualized return of S&P 500 index is 7-11%.