BIT - High Yield For Granny: The Savvy 'Widow & Orphans' Income Factory
I recently floated the idea of creating a "widow and orphans" version of the Savvy Senior "Income Factory" that I have been refining, tweaking and reviewing for the past seven years.
As readers know, my core portfolio is a high income (i.e. high current yield), largely credit oriented (as opposed to equity) portfolio that I manage with the goal of providing a 10-11 percent cash yield, which can then be reinvested and compounded to provide a long-term "equity return" through thick and thin, market ups and downs, etc. Such an income stream will double about