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Technology Stocks : Intel Corporation (INTC)
INTC 35.10+2.3%Nov 19 3:59 PM EST
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To: Jim McMannis who wrote (90685)10/20/1999 1:53:00 PM
From: Paul Engel  Read Replies (1) of 186894
 
McJimbo - Re: "I believe its called putting your money in interest bearing securities and living off the interest... "

Easy to do as long as youhave plenty of money - in which case almost any interest rate will work.

However, at the margin, if an 8 or 9% interest rate is required for comfortable living, I hope he locks up that rate for a long while - which itself can be bad if interest rated DOUBLE beyond that level.

Paul
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