teejayevans
Thinks s/he gets paid by the post
- Joined
- Sep 7, 2006
- Messages
- 1,692
Hmmm, he has $472,000 and is lives off of $36,000/year??Apparently Derek decided to liquidate his portfolio in February.
TheStar.com | Investing | Buy and hold investing guru sells all he has
I don't think a 7% distribution rate is going to last 60 years.
It probably was $900,000 not too long ago.
Of course being Canadian, he has free health care...if I had free health
care I could retire too.
TJ