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Podcast: Providence Financial Retirement Show with Anthony Saccaro
Episode: Why Investing for Income Is More Conservative
Description: Many listeners think that in order to invest for income they need to invest more aggressively. In fact, the exact opposite is true. Investing for income is more conservative than being invested for growth - and if you're in retirement, that's a win-win: you need income and you need to protect your portofolio from losses since you're not adding to it anymore like you did in your working years. Here are 3 reasons why investing for income is more conservative: it is tied to a contract income-based investments tend to fluctuate less value stocks are more conservative tha...