Income - pretty much everyone wants it... but not many people know how to get it. The search for income continues to rank right up there on the list of investors' concerns.
Rates are on the verge of rising, it's true, but we're starting from close to zero; it could be years before rates reach levels that allow the income-starved masses to even consider using Treasuries or bank products to provide the kind of cash needed to turn dreams into reality.
The dramatic, post-"COVID Crash" rally in stocks and other risk-based assets is cold comfort - it's actually made dividend-paying stocks and real estate investment trusts (REITs) less attractive. Why? Collecting a 3% payout while exposed to the possibility of a 20%-or-better decline is not an attractive risk/reward proposition for income investors.
But I've been in the markets for decades - been around the block a few times. I love income as much as the next guy. The truth is, great income-generating investments are out there for the having, even in this environment.
They're not "sexy," and you probably won't catch the tickers flying around on the front page of Reddit, but they can seriously boost your income and offer you some diversification across a wide range of asset classes and strategies.
Here's the deal...