FYI: Many investors obsess over investment income, and it's easy to understand why. Retirements are lasting longer, and with longer life expectancies come higher medical costs and greater risk of outliving one's assets. While demands on savings have increased, so has the challenge of meeting them with investment income. Interest rates are lower now than they have been historically, as are dividend payout ratios.
It isn't necessary to live solely on investment income, but many still focus on it, driven by a desire to not dip into principal for fear that such withdrawals may not be sustainable. That intention is good, but the focus on yield is often misplaced. Yield doesn't tell the full story of any investment. Aggressively chasing it can lead to risky areas of the market. Here, I'll highlight three approaches to boost equity income without taking much greater risk than the market.
Regards,
Ted
https://www.morningstar.com/articles/943281/3-ways-to-boost-equity-income
