What’s the best way to invest my money if I never want to touch the principle, and just live off the interest?
Submitted by admin on April 12, 2010 11:50 amNo Replies
A web user asks, I know you get more interest if you invest in something where you can’t touch the money for very long periods of time, but the interest is paid into a checking account or something. If I never wanted to touch the money I invested, and just wanted to spend the interest earned, what should I invest in? Mutual funds? Index funds?
Can you help them out? Post your advice!
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