Quote:
Originally posted by Easton
AAA (ie. US govt sovereign) bonds are paying under 4% for 10 yrs
i dunno about you, but i couldn't live poolside off a measly $40,000 a year (of which you keep about $28,000 after tax)
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Actually the 30year which is where I would go with it are paying 4.97% so that is $49,700 per year. I guess I am just not that impressed with being materialistic because I could and do live on less than that. And given the choice of chilin by the pool or going to work everyday I choose the pool.
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