Reported 3 days ago
A 60-year-old retiree with a $2.5 million portfolio generates $170,000 annually from high-yield bond funds. Despite market volatility, he emphasizes the importance of consistent dividend income and advises against chasing market trends. His portfolio includes funds like PGIM High Yield Fund and Virtus Seix Floating Rate Fund, which have performed well and paid significant dividends. He encourages younger investors to focus on disciplined investing for a secure retirement.
Source: YAHOO