Originally Posted by Adraco

No, RISK is the key word. You will not find an ever so diversified portfolio anywhere today that can bring you risk-free 12% on a yearly basis, not long term. You will, over time, in an ever so well diversified portfolio have ups and downs which might last for a few years either way. And along the way, you will need to absorb a few heavy misses where you lose high. then your investment base will shrink, requiring the remaining part to be even more profitable to make up for it.

The price of risk-free investments in today's world will not give you anywhere near 12%, and then you have to pay capital gains tax, which will dig into your yearly profits to live off.