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Investing retirement money is totally different from how we invested in the past. You are no longer trying to get rich; your goal is to make your money last for the rest of your life so you can enjoy your golden years. Successful retirement is a ... more

ALL CONTRIBUTIONS

Something Just Doesn’t Feel Right!
Since the 2008 bank bailout, pundits have warned us of pending doom. Since the COVID-19 crisis, the drumbeats are getting louder.
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The Working Class Challenge
We grew up believing you work hard, play by the rules, save your money, and eventually, you can retire. The goal is to enjoy your few remaining “golden years” as you see fit – without having to constantly worry about money.
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The Virus We Can’t Escape
There is no escape from the inflation virus!
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What Happens When All Our Wealth Is Gone?
On 1/1/2000 10-year treasuries were paying over 6% interest. 21 years later, they paid .93%. They are guaranteed wealth destroyers.
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Restocking The Swamp
America is going through a regime change, out with the old, and in with the new. Oh really! With the entrenched political establishment, the faces may change, but the swamp remains.
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Should Investors Play Offense, Defense Or Both?
At what point should investors switch from aggressively investing for profit to preservation of capital? When do you switch from offense to defense? Is it possible to do both at the same time?
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Latest Comments
Closed-End Bond Funds, Friend Or Foe?
1 year ago

Hi Alexis,

You ask a good question. I just realized something. I had a box in the article explaining a closed end fund and it did not get published.

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A closed-end bond fund has a manager who is paid a fee to oversee the investments.

Unlike a mutual fund that will redeem your shares, closed end funds trade like stocks. When you buy or sell, your broker facilitates a trade with another investor.

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A closed end fund has a fixed number of shares. It trades like a stock as the manager is buying and selling bonds all the time and determining the dividend payout.

Hope this helps,

Dennis Miller

In this article: PFFR, PFFA
Closed-End Bond Funds, Friend Or Foe?
1 year ago

Hi Susan,

Thank you for taking the time to write, we appreciate that.

Best regards,

Dennis

In this article: PFFR, PFFA
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Rolled Your 401k Into A Self-Directed IRA? What Comes Next?
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