Great article. As my portfolio size scaled, I too found much less need for bonds. I reimagined the "fixed-income" portion of my portfolio with dividends. I use CEFs and BDCs to generate steady cash in retirement. The dividends are more than what I need so some gets reinvested as well. My legacy gift to my children will be a 100% equity-based cash flow machine--I just hope they don't gum up the works!
Great article. As you eloquently point out, exploring your own path through life doesn't end at retirement. In fact, I've found it to be a refreshing beginning.
Comments
Great article. As my portfolio size scaled, I too found much less need for bonds. I reimagined the "fixed-income" portion of my portfolio with dividends. I use CEFs and BDCs to generate steady cash in retirement. The dividends are more than what I need so some gets reinvested as well. My legacy gift to my children will be a 100% equity-based cash flow machine--I just hope they don't gum up the works!
Post: Happily Ever After
Link to comment from December 16, 2023
Great article. As you eloquently point out, exploring your own path through life doesn't end at retirement. In fact, I've found it to be a refreshing beginning.
Post: Still Time to Change
Link to comment from May 1, 2023