Don
Guest
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Posted:
Mon Oct 24, 2005 12:01 am Post subject:
Re: EOS EOI ETV ETB |
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"Ed" <friday@fishinthe.net> wrote in message
news:11lni8qfopp4cb8@corp.supernews.com...
| Quote: | I agree. I have mixed feelings about ROC. Personally, I have no interest
in it but I can see where some investors might like to get a stream of
payments that they can kind of count on.
Usually when I invest in something it isn't so that they can send my
investment back to me.
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Yes, a fixed income stream is appealing, but it doesn't take great effort to
set it up yourself. For example, invest most of the capital in good dividend
paying stocks and/or mutual funds, bonds, etc., and then dip into a little
of the remaining capital each month. As a wild guess, I would bet that,
considering sales charges and management fees, this plan would yield more
income in the long run than the ROC products and more of the capital would
be left over (which a retired person's heirs would view as a happy
situation). |
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