High Income Strategies

Quote from Don't Scramble Your Eggs When Investing by Jeff Voudrie, CFP

“For instance, one of my high-income strategies uses a type of investment unfamiliar to most advisors (because they can’t earn a commission on them). To reduce risk, it’s diversified among 20 individual investments. Three of them lost money in 2005—one lost 29%! The other 17 more than made up for that, though, with 7 having gains over 40% each. As good as this strategy is, I’ll only use it for a portion of a portfolio.”

Q: What type of investment are you referring to ?

A: There are actually many different kinds of securities that I use to provide a higher level of income to my clients. Examples include high-dividend paying stocks, select closed-end funds, income deposit securities, master limited partnerships, Canadian income trusts and/or Sovereign bonds.

Are you looking to increase the income and/or return your portfolio generates?

Your posted comments on this and other questions are welcome.
If you have a question for Jeff an answer is just a click away.
Find a wealth of information at Jeff's website.