Jane_Doe
Recycles dryer sheets
Hi!
This question is basically to Uncle Mick, who is always touting the "Norweigan Widow" portfolio.
I have been reading/lurking here for several months and have figured out that Norweigan Widow basically seems to be receiving your income via dividends. However, can you shed a little more light onto this type of investing as you practice/see it? I would really appreciate it.
Background: DH is 52, I'm 44 and plan on ER within next two years (love it to be next summer but that's unlikely). Anyway, we have always done well in Real Estate, but pretty terrible in anything to do with stock market investing. We are especially "good" at picking out individual stocks that tank right after we buy them.
We have plans on selling off our rental real estate and should be able to live comfortably off a 2-3% SWR. I also plan on having a separate stash/back-up funds not incl in the portfolio as a cushion in bad times. We intend to try to invest our port as 20/80. (DH doesn't like trust stock market a bit!) No other income sources.
So ..... Can you point me towards mutual funds and/or index funds that will work for us? I am thinking of TIPS, maybe muni's and/or muni funds for most of the 80% bond side, but hoping to not tie anything up to long term to avoid a real loss to inflation. Again, input from you all would be appreciated.
I thank you all for your help and wisdom!
Jane
This question is basically to Uncle Mick, who is always touting the "Norweigan Widow" portfolio.
I have been reading/lurking here for several months and have figured out that Norweigan Widow basically seems to be receiving your income via dividends. However, can you shed a little more light onto this type of investing as you practice/see it? I would really appreciate it.
Background: DH is 52, I'm 44 and plan on ER within next two years (love it to be next summer but that's unlikely). Anyway, we have always done well in Real Estate, but pretty terrible in anything to do with stock market investing. We are especially "good" at picking out individual stocks that tank right after we buy them.
We have plans on selling off our rental real estate and should be able to live comfortably off a 2-3% SWR. I also plan on having a separate stash/back-up funds not incl in the portfolio as a cushion in bad times. We intend to try to invest our port as 20/80. (DH doesn't like trust stock market a bit!) No other income sources.
So ..... Can you point me towards mutual funds and/or index funds that will work for us? I am thinking of TIPS, maybe muni's and/or muni funds for most of the 80% bond side, but hoping to not tie anything up to long term to avoid a real loss to inflation. Again, input from you all would be appreciated.
I thank you all for your help and wisdom!
Jane