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I have a very simplistic question about the new proposed minimum wage. The baker makes $5.00 an hour and the loaf of bread he makes cost $1.00. If the bread company is forced to pay the baker $10.00 an hour, does it make sense to think that the cost of the loaf of bread the baker makes will rise to ...

I have a guaranteed amount of money coming in each month from SS and a pension. I do not need to take money out of my portfolio to make ends meet. Does this mean I can be more risky or less risky in my AA? After doing a lot of reading here, I'm still uncertain about this. Thanks for the help.