05-30-2015, 09:40 AM
Ken, that is probably the wiser choice to use as an inflation rate benchmark.
I use a flat 4% long-term rate as my everyday benchmark. If I can keep the whole portfolio's income growth rate above that, I am happy.
I use a flat 4% long-term rate as my everyday benchmark. If I can keep the whole portfolio's income growth rate above that, I am happy.
=====
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street