David Eduardo wrote:

"dxAce" wrote in message
...


David Eduardo wrote:

"dxAce" wrote in message
...



I get over $2200 a month, plus whatever I can make off the $240,000 I
saved up
over the years.

I'm comfortable!

You have low standards. That sounds like near poverty to me.

3% to 4% on a quarter of a buck is not even $750 a month.

And who ever said I was always earning 3-4%

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!



Had you gone to school, graduated, etc., you might have actually learned
something. As it is (and was) you've faked everything!

Not really.

Yes, really.



Yeah, but you don't live in Michigan.

Because I would hate to.

No one to blow?



You live in a place where even Ed McMann goes broke.

No, not everyone. Just those who live beyond their means. Or those who are
on the dole.

Well, you certainly seem to wish that you were, oh faux one.

I'm hoping they deport your pedantic ass!

"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.

David Eduardo wrote:

"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.

You've not a clue as to what you're talking about, dropout!

"dxAce" wrote in message
...


David Eduardo wrote:

"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.

You've not a clue as to what you're talking about, dropout!

So you are saying one or more of the following is true:

1. You can take more than 3% to 4% of savings and retain present value of
the capital (in other words, adjusted for inflation).
2. Inflation does not have to be accounted for in the ongoing worth of
capital.
3. You can make an inflation and tax adjusted 7% over the last 18 months

Which is it (or "are they") as you may have invented a new school of
economics.

David Eduardo wrote:

"dxAce" wrote in message
...


David Eduardo wrote:

"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.

You've not a clue as to what you're talking about, dropout!

So you are saying one or more of the following is true:

1. You can take more than 3% to 4% of savings and retain present value of
the capital (in other words, adjusted for inflation).
2. Inflation does not have to be accounted for in the ongoing worth of
capital.
3. You can make an inflation and tax adjusted 7% over the last 18 months

Which is it (or "are they") as you may have invented a new school of
economics.

One thing is certain, oh faux one, YOU never graduated from ANY school!

"dxAce" wrote in message
...


One thing is certain, oh faux one, YOU never graduated from ANY school!


What an obvious attempt to change the subject from your miserable knowledge
of economics and investments.