I’ve read many posts where the OP writes that they live on distributions, dividends and interest never touching the seed corn. Others write about including harvesting LTCG to support income demands.
I have to believe that these two groups structure their portfolios to either maximize dividends, distributions and interest while the other maximizes around growth since most growth stocks pay either a paltry dividend or none at all.
Which approach is most favored?
Second related question. Do many invest in preferred stock as opposed to bonds?
I have to believe that these two groups structure their portfolios to either maximize dividends, distributions and interest while the other maximizes around growth since most growth stocks pay either a paltry dividend or none at all.
Which approach is most favored?
Second related question. Do many invest in preferred stock as opposed to bonds?