<<<ZBar's last paragraph is saying, effectively, live off the growth and dividends. That's fine, except most people are not that wealthy.>>>You don't have to be that wealthy, just have started early and Foolishly to start with. If you live off a fixed percentage, your yearly income will fluctuate, however, it has a greater chance of growing (as long as the percentage is less than the investment return). If one were to live off 5% and recieved 11% (avg. S&P 500 over past several years), after a few years, that 5% is much more than the fixed amount adjusted for inflation.JLC
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M