Stocks are like tennis: Even having just a marginal winning percentage can lead to long-term success. You don't have to win every point to win a match. And you don't have to be up every day, month, or year (and you won’t be) to be a successful investor.
Generating Income from Investment Portfolios: Strategies and Considerations
Investors seeking to generate income from their portfolios have two primary strategies to consider: income-focused investing and total return investing. Each approach has its own benefits and drawbacks, and the choice between them depends on the investor’s goals, risk tolerance, and need for sustainable income that keeps pace with inflation.