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Author: jackcrow Big gold star, 5000 posts Feste Award Nominee! Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Re: Need income strategy Date: 3/25/2009 4:21 PM
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Kat,

check my math $450,000 * .03 = $13,500

or

65,000 * .03 = $1,950

15,000 * .03 = $450

$1,950 + $450 = $2,400

A basket of treasuries would appear to meet your needs. Treasury direct makes this pretty simple to set up and link to the account used to cover these expenses.

anybody getting different numbers?

jack

p.s. having been a landlord I would rather have the money in Treasuries, fewer headaches.
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