Summitthunting
Well-known member
Hypothetically speaking, you receive $35,000 from a medical settlement. You want to go to Africa on a family vacation/plains game safari in 10 years, having some left for other stuff. How do you invest the money?
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Safe high dividend paying stocks, something like a quality utility or a reit. That way you won't lose your a$$ and get a steady steam of money coming in.
Define steady stream. No sarcasm intended.
"Hunt when you can - You're gonna run outta health before you run outta money!"
A wise man once said....
"Hunt when you can - You're gonna run outta health before you run outta money!"
Sorry to be the bearer of bad news, but 5% dividends plus profit over 10 years may be a little optimistic. Figure to stay maybe 2% ahead of inflation. If your investing goal is a trip to Africa, take it now. Things can change dramatically in 10 years.