Investing Conservatively in Retirement
Make Your Money Work for You (For the Middle Class)
by
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This book includes how stocks and mutual funds are selected and how to build and maintain a portfolio with this strategy. Also, discussed is how and when to monitor and rebalance the portfolio. The sources of information needed to execute this strategy are identified along with the criteria used to select securities. This strategy selects securities that have proven track records which put the shareholder first, even through recessions like the recent great recession. This type of uninterrupted income stream should allow you the freedom from being at the whim of the day-to-day market volatility and let you sleep soundly at night.
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About the Book
The strategy described in this book makes your money work for you despite what the stock market is doing. A big advantage for this strategy is that people do not have to lose sleep due to the ups and downs of the market. The primary objective is to generate a steady and increasing stream of income for and through retirement. The secondary objective is to grow the investments so there is an increasing sum of money for life’s unexpected events and your heirs. The sample portfolio constructed with this strategy showed that a $500k investment from 12/03 to 12/13 distributed $260K while the portfolio value increased from $500K to $845K. Therefore, over ten years, a $500k portfolio generated a total value of $260K + $845K = $1.105M. Not bad for what is essentially a passive, low-risk portfolio!
About the Author
The author is an accomplished certified financial planner and has been in practice for several years. He has helped a vast number of people with their investments and financial planning. People nearing retirement and in retirement have been the focus of his practice. The author has been a leader in the chemical industry for many years and had many personal life experiences, good and bad. It is this leadership, education, and life experience that gives him a well-rounded perspective of the world and how to succeed.