Get some solid dividend paying equities and hang onto them. The Fortune 500 basically owns the nation and the government, so any decline in value will be temporary.
Getting 2-4% dividends beats the crap out of any return you can get in fixed income right now. You just have to master the art of not looking at your monthly statement so that your blood pressure stays in acceptable ranges.
You have described the Mineral Financial Plan. Though being down $4,000 in the last quarter was an unwanted experience. Still have 15-20 years left before I will probably have to start “using” the money.
I have implored Senior Mineral to get out of CDs as he complains of the low rates. However he cannot tolerate even the idea of a paper loss.
An advantage we have over a lot of folks is that the Mineral Home is completely paid for. As well as the Mineral Motors.