Risk Management and Asset Allocation For Tiger 21
Money Tree Investing
00:00
Fixed Income
We have a fixed income of six % allocation. It's the ald time lowest allocation we have. Used to be in the low teams. And just imagine the scenario. I have a relative who sold the business in the mid seventies, and at the time, you could get municipal bonds tax free, 14 per centand so if you had a million dollars, you could have a 30 year tax free income of a hundred and forty thousand dollars a year. Today, if it's two %, and i don't know know if you can get that 20 thousand,. To day, you would need seven million dollars to duplicate the income on a tax free basis that in 19 75 you got
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