they are very safe. On the other hand, I don't remember your age, but bonds are generally recommended for those close to retirement, and stocks for those who have time to make up a loss or two. Over twenty years you will do far better with stocks. Unless of course you work for Enron and aren't allowed to diversify your portfolio :>
The above should be considered in the light of "a little knowledge is a
dangerous thing" :) I had a securities license once but it's been about ten
years and (deep breath for standard disclaimer) individual performance may vary and past performance is no guarantee of future value :)
On the third hand if you are happy living off your interest who is to quarrel with you? Be safe if the income is sufficient for your needs. But rememberinflation... wonder how much college will cost when your kids are ready. Etc.
Usually the advice is to put some in real estate, some in bonds, some in
stocks, with the percentages varying depending on age and tolerance for risk. Some people advocate starting with an insurance policy. Others recommend maybe allowing 5 to 10% of assets for high-risk but potentially very lucrative investments such as art. I personally wouldn't go there unless your assets were pretty high already though.
Dana
> Am I right that they are very safe and
>pay like 5% interest? Would 4 million in t bonds 200k per year? Even with
>taxes that would be a heck of a lot of money w/o touching the principle. Or
>am I just totally wrong.
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