If you or someone you know is retired, and looking for a way to increase their cash flow, then read on. Today’s historically low yields cause retirees to seek new ways to get more income from their investments. Sometimes they do this by compromising the credit quality, and/or extending the maturity, of their bonds, or by shifting from bonds to high dividend paying stock. Each of these approaches has its own risks, and may not...
When it comes to managing your resources, should you concentrate your assets in a principal holding, or diversify your investments across multiple asset classes, managers, geographies, etc.? This decision is particularly challenging if you own, or are the trustee of, a concentrated long-held (i.e., legacy) asset and are concerned about your exposure to risk. Please see my brief video about a private foundation’s decision to concentrate vs. diversify their holdings.