By Dividend Growth Investor:I recently read an article from Forbes about generating income in retirement. While I disagree with the portfolio constructed by the editorial staff, what grabbed my attention was the following quote from Lord Greystoke in the movie "Tarzan":
"Someday, he says to the young man from the jungle, this will all be yours: Live off the income from the land, but don't sell any of it."
Living off investments has been something that the rich have done for generations. Living off land income, or income from bonds was widely accepted in 19th and early 20th centuries. The so called "rentier class" has been able to pay for their everyday expenses from income generated by investments in government bonds and land income. Of course, this was during a period of time when inflation did not run at 3% per year.As a dividend investor, I follow the same principle of accumulatingComplete Story ?
Source: http://www.bullfax.com/?q=node-why-dividend-investors-should-never-touch-principal
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