From the Beginning
Six weeks ago, I developed a new hobby: Researching investments that supply guaranteed income. (Technically, in addition to providing income, some of these investments also return capital, so I should have used another term. But every other phrase looks strange. Guaranteed payments? Guaranteed distributions? I cannot use those in a headline.)
Before then, considerations of guaranteed income had barely crossed my mind. I was trained as a mutual fund analyst, and funds provide no guarantees. However, not every old dog avoids new tricks. Indeed, I have quite enjoyed the task, publishing first a comparison between Treasury bonds […]
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