Quote:
Originally Posted by kevman
I'm not going to claim to be a star investor but where can I get safe guaranteed returns of 9%? Actually, you'd need closer to 12%/year on $2 million to pull $15k a month and stay ahead of inflation. Maybe I'm doing it wrong but I'm not getting a guaranteed 12% on my investments.
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Yeah, it's risky for sure. Look no further than the Walton/Shire/Concrete Equities types of things in the past decade and you can see that these things aren't foolproof and guaranteed.