Re: taking the plunge

Peter L wrote:

> "Paul Erickson" <[EMAIL PROTECTED]> wrote in message
> news:[EMAIL PROTECTED]
>
> > Background:
> >
> > I'm a newbie.  I've got  just over $300K to invest long-term, and need
> > to generate about $1500.00 gross per month for needed additional
> > income.  I don't want to attack principal (who does?), and would like
> > to see moderate growth over the next 15 years or so.
>
>
> That's 6% annually for income, plus growth too?  You are not going to get
> that.

An expert investor might get that with a highly diversified portfolio of 
individual stocks, and writing covered calls against stocks temporarily 
in decline.  But that's not for newbies.


-- Steven L.