Subject: Re: Dividends
I think it was Jim who said its not 4% of your money, when dealing with BRK, its 4% of the number of shares you have. There was quite some discussion on it a while back when an old article was resurfaced. Yes indeed this leads to variation in income , someone posted that around 7500 shares of BRK at 4% share withdrawal per annum, you were unlikley to run out of money for retirement...as I recall...