Now and then I look around at various income investments. Most of the pundits talk about gaining yield; I just want risk management v. equities. I have some Pimco Total Return and Vanguard Total Bond from way back, but when I look to invest new money I keep coming back to VWINX. VWINX is hard to beat.
Any thoughts from the board on other income investments?
I'm no investment expert, but I also have had money invested in BIE (tax free bond fund) for a few years. The price has been a bit more volatile, but thus far the dividends (.081/month) have been nice.
Two John Hancock Closed End funds -- HPI and PDT. HPI pays 14c a share monthly income and yields 7.47%. PDT pays .075 a share monthly income and yields 6.68%. Do your own due diligence. I have had both for years and done well. During the market collapse I bought more HPI at $11.11 a share. The monthly dividend was 12.4c a share then. That yield was 13.3% at that price. The stock price has doubled. That won't get repeated.