Search found 4 matches

by GerryStilton
Sun Feb 03, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you need to live on 200k/ year forever?
Replies: 90
Views: 12887

Re: How much do you need to live on 200k/ year forever?

200,000/.04=5,000,000 The 4% rule (of thumb) is usually quoted for a time horizon of 30 years. For forever (i.e., a perpetual withdrawal rate) I'd use 3½%, so $200,000/.035 = $5,714,286 ... not to put too fine a point on it. :wink: Forgive my ignorance, I don't think it's a valid, 200k in perpetuit...
by GerryStilton
Thu Nov 15, 2018 10:15 pm
Forum: Personal Consumer Issues
Topic: Help with choices for new car
Replies: 28
Views: 2720

Re: Help with choices for new car

Your dealer is an idiot. More like the original poster as willfully ignorant in this day and age of web searches. Do some research man, go to edmunds.com or watch some youtube reviews man. Do some homework first before ask for help. Decide if you want on a car or a CUV, then decide if you want a hy...
by GerryStilton
Tue Dec 26, 2017 9:31 am
Forum: Personal Investments
Topic: MLP questions
Replies: 6
Views: 979

Re: MLP questions

Thank you all for the collective wisdom and advice. They are just fabulous. Mike, >>was there any reason you thought it was a good investment other than you saw it in Barron's and it yielded 6.5%? No, other than the yield, but as I said, in the Barron's articles they spoke well of it. I figure there...
by GerryStilton
Mon Dec 25, 2017 12:16 pm
Forum: Personal Investments
Topic: MLP questions
Replies: 6
Views: 979

MLP questions

HI all, I have two questions related to Master Limited Partnership, since I am not very familiar with the tax laws: 1. what are the tax ramification of hold MLPs in an IRA account, stock such as the EPD. 2. What are the pros and cons of owning an MLP in an IRA I read from Barron's recently, EPD, has...