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 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 combination of having enough money to enjoy a comfortable lifestyle without constantly having to worry about your future. I'm here, not as a young stockbroker or adviser looking to earn fees off of your money, but as a fellow retiree sharing my experience. I've always been an educator. First as a consultant with Fortune 500 companies - training hundreds of executives at places like GE, Mobil, Shell, Schlumberger, HP, IBM, Corning Glass, Eastman Kodak, AC Nielsen, and Johns-Manville. I loved what I did. I was an active international lecturer for 40 years and authored several books on sales and sales management, a contributor to the American Management Association and a member of the Mensa Society. And, proud to say, a former US Marine. When I wrote for MarketWatch, I was called a "RetireMentor". I pride myself on taking on conventional wisdom from the perspective of someone who has actually been retired. There are times when conventional wisdom is simply bad advice. I'm so lucky to do what I love to do every day - helping people understand how to make their nest egg last. Ask anyone who has taken a lump sum payout of their 401(k) about the huge knot in their stomach, knowing their nest egg must last forever. Regardless of how you made your money, we are all money managers now; it has to last. For more information about our FREE weekly newsletter, go to
www.milleronthemoney.comless
Latest Comments
Closed-End Bond Funds, Friend Or Foe?
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
Closed-End Bond Funds, Friend Or Foe?
Hi Susan,
Thank you for taking the time to write, we appreciate that.
Best regards,
Dennis