The Same Prices Until You Retire?

In times like these, prices can be your friend. All those juicy dividends and income checks get reinvested at prices you can live with. When you’re an income investor, you aren’t thinking about rising stock prices. Sure, that would be nice, but prices are what they are. Income, on the other hand, is what you see coming into your account regularly.

You almost want prices to stay the same until the day you retire. That way, you can be a compounding machine and buy more shares at the same price. Prices can go up, and prices can go down. Hopefully, your income will only grow.

Life Comes at You Fast. Slow It Down with My Friday Email. It’s Free.

Action Line: I wouldn’t be afraid to lock in some income from bonds at these prices. And stocks? Slow and steady dividends sound nice to me too. When you want help, let’s talk.

Bio
Latest Posts

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.