AJ,
It seems both of us are wrong. Most divs paid by pfds aren’t qualified, and the diff between an ord income rate of 22% and 25% isn’t material, not when I understated the likely inflation rate.
But whether my original numbers were correct or not, the underlying idea is useful, which is this.
“Safe” rates of return from FI won’t offer a real rate of return after taxes and inflation. Higher rates carry risks that are likely to trash the whole investment.
As always, anyone can disagree and they should disagree , because there is no one right way to do any of this investing/trading stuff. But check where the market is at this morning in pre-session trading. The salad days are gone. Now, the game is survival.
Arindam