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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (1590)10/7/2023 2:36:51 PM
From: Dividend_Dawg  Read Replies (1) | Respond to of 21837
 
“ the portfolio is now in the distribution phase and that's money that can't get reinvested and build the income stream even greater.”

Chowder, excuse my ignorance or youth but what do you mean by this statement? RMD?



To: chowder who wrote (1590)10/13/2023 4:30:11 PM
From: chowder1 Recommendation

Recommended By
Menominee

  Respond to of 21837
 
I will try to update the Older Folk Portfolio over the weekend. I had mentioned earlier that this portfolio was in the distribution phase where money is being taken out and safely put away into other banking facilities with yields greater than 5.0%.

Over $100,000 was taken out this week and placed in those safe 5%+ paying assets. In spite of this, the income stream continues to grow and I will show that in the update.