Why Choose Low Yield over High Yield Stocks? [View article]
Three years ago, I was comfortable in my retirement outlook. Two years ago, I assumed it would be a small bubble and I could ride it out as I have before. One year ago, I was looking at my "blue chip" investments and knew they were not going to make it this time, I had lost 65% of my retirement package and I would have to work until I was 80 or older to make that money back. Thanks to banks going under, and the ETFs that took a hit because they had invested in those also, I decided I was taking control of my own investment package. Since then, I've made most of my money back, listening to a different drummer. That drummer is the one that told me I really don't want to work until I'm 80, and that I'm not above a bit of risk.
I may be broke before I'm 80, but currently it doesn't appear to be the case. Onward, drummer.
Why Choose Low Yield over High Yield Stocks? [View article]
I may be broke before I'm 80, but currently it doesn't appear to be the case. Onward, drummer.