Re: General life questions / observations / random whatever thread
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The problem with this approach is that inflation will be 2 or 3% per year too, so it's a fairly short term plan. Furthermore, the places you store money to get good returns are often not easy to take money out of each month.
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My return is above 5% but yes you do need to have a decent amount and inflation is an issue. I've had to top up investments as my rent increases. The principle is decreasing in real value but my goal is to have my fixed expenses covered so this doesn't matter.
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