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<blockquote data-quote="HerefordSire" data-source="post: 641902" data-attributes="member: 4437"><p><em>I should add something very important. The conservative investment returns and categories I wrote about above are not what they seem. If you are receiving 2% interest per year, for example, and you pay income taxes on this amount, what is left over, could theoretically have less buying power.</em></p><p></p><p></p><p></p><p><em>I cannot afford to be conservative. I am thinking the only ones that can afford to be conservative are the ones with higher amounts of money to invest. For example, if I had $10M drawing 2%, I could probably live off of that.</em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 641902, member: 4437"] [i]I should add something very important. The conservative investment returns and categories I wrote about above are not what they seem. If you are receiving 2% interest per year, for example, and you pay income taxes on this amount, what is left over, could theoretically have less buying power.[/i] [ATTACH type="full" alt="buy_power.jpg"]0[/ATTACH] [i]I cannot afford to be conservative. I am thinking the only ones that can afford to be conservative are the ones with higher amounts of money to invest. For example, if I had $10M drawing 2%, I could probably live off of that.[/i] [/QUOTE]
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