FYI: If you're an investor looking to boost income rather than long-term growth, you have a ton of great options. Many well-crafted mutual funds are designed to help income investors meet their objectives, whether it be for retirement or to just have some extra cash on hand.
Some of these funds are pure income plays designed for those in or near retirement, while others also offer some nice capital appreciation
Regards,
Ted
http://www.csmonitor.com/Business/Saving-Money/2015/0825/Ten-solid-mutual-funds-for-income-investors
Comments
Regards,
Ted
I've always found CS reporting rather shallow. No exception here. The two T. Rowe Price funds on their list, PRFDX & TRREX, lost 35% and 39% in 2008 respectively. Description might better read: "Buy these funds at the wrong time expecting to generate income and you might NOT have any extra cash on hand or retire as early as you'd like.
Fund flavors (PONDX, PONCX, PONPX, PONRX, or the cef PDI)... thanks Mark.