Originally Posted by Minnewaska
Glad to hear you're feeling good about it all.
However, you're now going to make $15k on $200k per year, which is 7.5%? Ask him to give you an example of one taxable bond that yields 5-6% these days, particularly after his fee. The risk free 5 year treasury rate is about three quarters of one percent. The only way you can increase yield is to buy lower credit quality or extend maturity. The former means you may not get your principal back if the issuer bankrupts. AAA rated bonds are currently paying in the mid 3% range. Locking in for longer terms means you will still be getting those yields, when the rest of the world starts getting much more and inflation is ramping up prices.
Just be smart with your money. The choice is yours.
Sailing newbie here - but I am not investment newbie. Great discussion and I am learning some things as I plan for my early retirement. I agree with Minnewaska -- I have never heard of a conservative investment strategy that is making 5-6% in the current market. Also make sure you understand what fees your investments will be paying.