With low interest rates, central bankers have stolen the retirement income that people like my parents spent decades working hard and saving for. Here’s our lesson…
Even if he’s right and there’s a big correction or even a crash, the markets always recover. We don’t win this game by timing the market. We win it through time in the market.
In short, with a record of excellent long-term returns in all market conditions, high-yield bonds clearly make a great source of diversification for our portfolios.
In short, the further the stock market drops, the greater the opportunity to build out a diversified dividend-paying portfolio that provides some real yield. Plus, it offers a chance to score some capital gains when the market eventually rebounds… as it always does.