Look for Unconventional Income Sources
As my family and I prepare for our move to Florida, I have decided to give away most of the personal library we have accumulated over the past 30 years. My daughter has claimed the Jane Austen and other period books that somehow have accumulated over the decades. As I boxed them up for delivery, I recalled a quote from Mansfield Park: "A large income is the best recipe for happiness I ever heard of."
This literary gem still holds true today. A large income from our investment portfolios can make our lives a lot easier -- no matter how the economy is performing. The problem is that with the Fed's monetary policy keeping interest rates low, a large income has been difficult to generate. Traditional fixed income investments just do not yield enough to provide a living income. Choosing stocks over bonds makes a lot of sense in the current environment, but finding a good stock with a high dividend is not the easiest task either. One way to provide the level of income desired in our pursuit of happiness is to look toward unconventional income sources....446 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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