PEP - Investing $1 Million In An 8-Fund Portfolio Vs. An All-Stock Portfolio

2024-06-08 09:30:00 ET

Summary

• This article is for income investors who prioritize income over growth.
• We will discuss two alternatives; the first one is for folks who want to keep things simple and diversified. This makes investments in just eight funds and could potentially generate over $7,000 of income on a monthly basis.
• The second alternative is a portfolio for active investors with 15 individual stocks and 3 funds.
• There are certain risks with every investment. We will go over them and how to mitigate them.

Introduction:

This article is specifically for income investors who prioritize income over growth. It does not mean they should overlook growth, but it is not all about growth. If you are at a stage where you do not require income for several years or decades, then there may be other strategies that would be equally or more appealing and should also be considered. Income can be important for younger folks as well. If you want to have financial freedom at a relatively younger age (let's say 50 or even earlier), you need to generate income that is sufficient to cover your basic expenses that cover all your needs, not wants....

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