Yesterday, Ep. 197 of the Mullooly Asset Show was released! You can find it linked below.
Tom walked viewers through an example of the risks involved with relying on a single stock dividend for retirement income.
Here’s what I’ve been reading this morning:
‘Living Off of Stock Dividends’ – Mullooly Asset Show
- Relying on stock dividends for retirement income sounds like an easy enough strategy until the companies decide to cut their dividends. In this episode, Tom walks through an example of what could happen.
‘Who Is The House?’ – Josh Brown – The Reformed Broker
- The old adage says that the stock market is like a casino, and the house always wins. As Josh writes, the house has always been Wall Street, but what happens if that’s changed? He takes a look at who is actually “the house” nowadays.
‘Left Behind? Record $4.6T Money Market Cash Could Fuel Stock Surge’ – Forbes
- During this COVID-19 crisis, a record $4.6 TRILLION has landed in money market funds, and the less than stellar economic data would point to lower prices in stocks. This article takes a look at why the stock market has actually surged, and could continue to surge.
‘Scared Debtless’ – Richard Quinn – Humble Dollar
- Carrying debt can loom large over a person’s head. In this article, Richard outlines a scenario at the car dealership where he had to make a choice between taking a financing debt for a new vehicle, or finding a different way to purchase the car. It’s an important exercise in truly thinking through all of your options.
ENJOY!
