Muzie

Pension Benefit Corporation Rolls the Dice at Exactly the Wrong Time

Augustus: Imagine you have a portfolio, have no other source of income, and owe more money than the value the income from your portfolio.

So you decide to change your tactical allocation to more stocks, hoping that'll pay the bills for you.

That sound like a good idea to you?

It seems odd that they are saying this is "less risky", when it's obvious the main trigger for their strategy is they need more income than they have now.