Most Income Investors Are Picking Up Nickels In Front Of A Steam-Roller

Posted on June 20, 2019 12:35 pm
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URL https://www.zerohedge.com/news/2019-06-20/most-income-investors-are-picking-nickels-front-steam-roller 

Authored by Jared Dillian via RealInvestmentAdvice.com,

Income investing is hard.

Let’s say you buy 20 bonds. Each of them yields 5%. Nineteen out of 20 mature at par and you get your money back, with interest.

One of them defaults. You are back where you started!

It is said that income investing is a negative art. Your goal isn’t to pick the winners—it’s to avoid the losers. You want to pick winners, invest in stocks. Have you seen a chart of Beyond Meat? Bonds generally don’t do that.

It is also said that income investing is like picking up nickels in

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