>>your plan for using about 10% of the stock appreciation each year amounts to something like annutizing that portion of your assets. Have you run the numbers to see what rate of annual growth that portfolio would need to accomplish, and for how long<<Tom,The 10% growth is based on the annual growth of each stock. Not every stock in the portfolio will produce exactly that amount of growth- some more, some less.The ones that may have produced 30-40% can make up for the laggards. Also, the 10% is a $amount; i.e. if KO has grown from being worth $1000 to $1100, I'll cash in $100 worth out of my DRIP account. This will apply to every stock in the portfolio that shows 10% or more growth over the previous year. Therefore, leaving the original investment intact.I hope this has cleared things up.Eddie
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