10-01-2021, 01:14 AM
Total return solves this provided you have some income tucked away safe for the next few years. Being forced to sell shares while the market is depressed early in retirement years is what must be avoided.
And high yield will always draw a crowd. Tobacco, midstream oil, telecom etc. They all have a fierce fan base. The hope that this is the time the share price will no longer trend downward. The hope their business model evolves. They will never be a huge part of my portfolio.
And high yield will always draw a crowd. Tobacco, midstream oil, telecom etc. They all have a fierce fan base. The hope that this is the time the share price will no longer trend downward. The hope their business model evolves. They will never be a huge part of my portfolio.