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Your Survival Guy continues to favor a steady, balanced approach in times like these. You’re seeing yields on bonds you can sink your teeth into, and I like dividend-paying stocks. I want you to be paid to be invested in this market. Prices on the S&P 500 come and go. Look at last year, for example. And this market is shallow or an alligator market.
When investors focus on prices, they live and die by the big ups and downs. It’s the investors who aren’t paying much attention when they realize after ten or fifteen years, “Oh, that wasn’t so bad.” But some retirement investors don’t weather price drops so well. They are absolutely paying attention to their portfolio balance like a hawk. And if it gets below a certain number, they want the pain to stop.
Action Line: In retirement, you’re in spend mode. You want a plan that helps you deal with the ups and downs of prices. You want to prepare yourself for thin markets. You want income. I can help.
P.S. Beware the top heavy focus of today’s big indexes. Read more in TOP HEAVY: Focus on Big Indexing Could Cause Market Chaos.
Originally posted on Your Survival Guy.
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