Quote from: 1aguar on October 31, 2015, 08:34:41 PM

Quote from: Biodom on October 31, 2015, 08:15:02 PM

Quote from: 1aguar on October 31, 2015, 07:39:12 PM

Quote from: Biodom on October 31, 2015, 05:58:24 PM

Financial professionals usually suggest that you can safely use 4% each year without even decreasing principal (due to appreciation). A healthy mix of stocks, bonds, RE and alternatives is needed, though.

What you should be doing with $1M is acquiring assets that will always protect your principal. Most people are not even aware that these exist.

because they don't, maybe? in a strict sense, at least.

Of course they exist; you will even hear the professionals talk negatively about these investment vehicles, and it would be laughable if it was not so sad.

you are not talking about stamps or MLP?
when I get cold calls, they always talk about stamps and MLPs, LOL.