2024-04-02 07:35:00 ET
Summary
- Inflation, interest rates, and high prices are crippling the average consumer like an IV drip of poison.
- We provide an antidote via strong income pouring into your portfolio.
- Your retirement should be built on a bedrock of income.
Co-authored by Treading Softly.
As inflation persists, prices remain high and stagnant, if not increasing, and everyone anticipates a recession on the horizon. We are observing an increasing burden on the average consumer. Long gone are those stimulus payments that allowed many consumers to easily pay down their debt. Credit card balances are higher than they've been in quite a while, and paired with these higher balances are astronomical interest rates. This creates a double whammy on the average consumer - things are expensive and it's expensive to service the debt that they've piled on. The average consumer is leveraged to their ears....
Read the full article on Seeking Alpha
For further details see:
2 Bargain Income Picks, Retirement Income Opportunity