This series is a collection of various ideas, strategies, resources, and observations we've made during the long journey of building a retirement income portfolio. In part 1 of this series, we discussed risk, cash balances, watchlists, mental attitude, and we touched upon diversification.
Did you notice that word "long" in the phrase long journey of building a retirement income portfolio?
This brings up another key point: Although you may be anxious for your cash to start earning a better yield, beware of deploying all or most of it in a short period of time. This