Re: Article about The Villages
I can't get my head around "recession proof income."
I understand golf carts vs. gas prices which is most obvious now. I realize that some pensions may have some increases built in. SS does, too, I think. There is probably a big market for annuities in TV. (I don't begin to understand those.) Long consistent dividend paying stocks should increase the dividend consistently. There are bonds that will save you some taxes. (Can't include CD's. Never really make money anyway but the sleep factor helps sometimes. If you have chased a CD rate lately, you know that any hope of any return that ever remotely existed in a CD is now off the table.)
But still, what is "recession proof income"?
I keep wondering how many golf carts it could take to haul the grocery money to the store.
The article does not say "recession proof net worth" even. (Ya know. Actuarial tables and all that.) It says "recession proof income."
A few weeks ago, I did a little Stim. Sell Research and learned that there is no check in the mail for me. So what? I would have just invested it anyway. I guess somebody knew that.
But back to this "recession proof income." I don't know what it is, but I want it.
What glaring, staring ingredient in a "recession proof income" am I not seeing?
Or should the writer have said, "recession resistant income, sort of, maybe somewhat"?
Boomer
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Pogo was right.
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