Pay Yourself and Live Well
Dedicated to providing common sense solutions and strategies for funding your retirement with a passive income stream designed to last a lifetime and beyond. Live the way you always dreamed you could.
Headlines
Well, it’s official. 100% of economists surveyed stated that we will be in recession by the end of next year. Now that Jerome Powell and his hawkish buddies at the FED have raised 3/4 point for the fourth time in a row, what’s next and how will that affect our portfolios. Inflation is here for a while it seems. So tell us something we didn’t already know.
It is true that the bears have had a field day out there in 2022. Our IRA and 401K balances have taken a beating, and it looks like a bumpy ride is still in store until common sense reigns once again. A recent uptick does not necessarily signal a market bottom. The bottom is unpredictable. What we can predict is that there are dividend bargains available in plain sight at these market levels for those who don’t panic, and at Retirement Income Dream, we NEVER panic!
This Week’s Top Content
Quote of the Week
“There will be bear markets about twice every 10 years and recessions about twice every 10 or 12 years but nobody has been able to predict them reliably. So, the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling.”
John Templeton
Income Builder
In this pilot issue of Income Builder, we will discuss the four cornerstones in the foundation of an income portfolio. You have to do the dirty work first. If you haven’t started yet, it’s not too late, but the train is leaving the station, so all aboard! See More
Portfolio Watch
In this installment of Portfolio Watch as in subsequent issues, we will look at the dividends paid in the portfolio for the month, take a look at what is working for and against our strategy in this economy. We will also examine one stock we are buying and one we are considering.
Stock in the Spotlight
NYMTN – New York Mortgage Trust Series D Preferred is in the spotlight today. What’s not to like.
Retirement Roundup
Getting close to retirement and not sure what your Social Security Benefit is going to look like? It’s simple to take a look and get your plan on track.
A Few More Things
If you like the content you find on our site, please subscribe so you won’t miss a single post. We appreciate your viewership and your privacy. We will never sell, trade or otherwise disclose your personal information to a third party, ever! All the content on this site is based on my own opinions and should not be construed as financial advice. With all investment decisions we urge you to seek the advice of an investment professional to assess your personal situation, risk tolerance and objectives.