标题: Monte Carlo simulation vs deterministic approaches [打印本页] 作者: NakedPuts 时间: 2011-7-11 19:35 标题: Monte Carlo simulation vs deterministic approaches
What are the four advantages of Monte Carlo simulation over deterministic approaches in personal retirement planning?
Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 12:53PM by deriv108.作者: bpdulog 时间: 2011-7-11 19:35
oh nice. hmm... from memory no cheating:
monte carlo gives you a range of probabilities vs just one #
better at dealing with taxes and how it affects returns
better at chain linking returns together- so compounding effects better taken into consideration
umm...
phone a friend?作者: mik82 时间: 2011-7-11 19:35
I remember something about being able to incorporate probabilities.
