Saturday, February 19, 2011

Some good old solid investment advice: Investment Income on WSJ

A highly recommended reading.

Six Ways to Boost Your Investment Income (WSJ)
1. CD ladders
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2. Prepaying expenses
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3. TIPS
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4. Blue-chip stocks
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5. Selective bonds
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6. Master limited partnerships
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Watch out with #6... hold it only in a retirement account and not in an individual account unless you want to spend that income paying your tax accountant. Also, stay clear of foreign ones which promise a certain income, but the foreign governments collect their own taxes.

Cheers!

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