CHAPTER 5
Higher, Inflation-Protected Current Income (Job 1)
A large income is the best recipe for happiness I ever heard of.
—JANE AUSTEN
Tired of earning nothing on your investments? That’s only the second-best reason to look at alternatives for income.
The first is how dangerous the typical “safe” income sources have become. Bond funds have sopped up trillions of dollars over the past few years. No surprise; the very name purrs security. After all, a bond is the classic safe investment, and a fund provides diversity. Belt and suspenders, right? And all those investors have done very well, as interest rates kept moving to one historic ...
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