Eduardo - fellow IBOC-shill diputes your claims about AM ratings.
"dxAce" wrote in message
...
That is about the highest range that can be sustained if you are
concerned
with inflation-indexed preservation of capital. Otherwise, your little
saviings account will be reduced to about the equivalent of $100 k in
about
6 to 8 years.
You live in some damn strange dream world, oh faux one!
You do not get the fact that you must grow the principal in excess of the
amount of inflation, or your money loses value. To take 3% out of an
investment account and not lose principal, you have to grow the account by
something above 7%, which the market for the last 18 months has not done.
Unless you are in some fairly esoteric things like direct REIT investments
or Canadian oil /gas trusts (with the horrible tax and accounting problems
they bring) you are likely not getting 7% now.
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