I'm wondering if it is possible (or wise) to try and live off high risk/high growth ETFs by skimming a bit off the top each year?
For example, I have funds invested in two ETFs that have averages 15% annual returns since inception. If I skim 10% of earnings off the top each year and leave 5% for compounding growth, is this a sustainable way to go?
I understand that risk is a factor based on when you need to withdraw your funds, but if you plan to leave funds in there perpetually and just trim the growth is risk much of a factor?
Cheers
Submitted February 06, 2023 at 03:30AM by freudian_grip https://ift.tt/Kf2ZRde
