Joshua King

Stock Market Investing in Your 60s: Let the 401K Conversions Begin (Financial Freedom, #292) (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Will you have a substantial amount of cash in your 401K or IRA? The financial industry will convince you to use the 4% rule to dismantle your accounts to generate income.

Conveniently, they will help you dismantle your resources and charge you 1% of assets under management.

There is a better way. I subscribe to the principle of income investing, which involves converting cash into cash flow.

We generate more income than expenses by using high-yield fixed-income products like closed-end funds and preferred shares.

We reinvest 25% of our dividend income back into the portfolio, ensuring we outpace inflation and cost of living. Plus, we will end the year with more shares than we started with. Simply amazing!

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Produktdetails

• Verlag: Joshua King
• Erscheinungstermin: 12. Januar 2025
• Englisch
• ISBN-13: 9798230239086
• Artikelnr.: 72800237