Burton Malkiel is an American economist and writer, most famous for his classic finance book A Random Walk Down Wall Street.
He discusses ways retires should look at the current state of interest rates, purchasing corporate bonds, and dividend-paying stocks.
Following Mr. Malkiel’s talk with Doug, the rest of the panel discuss:
- Should retirees buy preferred stock?
- Are corporate bond funds really smart, since they don’t have a maturity date?
- Would you encourage a nervous retiree to buy dividend-paying stocks?
- Should people eat into principal as a way of funding retirement?
- He didn’t mention real estate as a way to get income. Do you think it’s a good tool?
- Is there anything truly wrong with being a gold digger and finding some wealthy widow or widower to marry for a few years and then collect a windfall at the end?
Yes, the roundtable tackles that last question in true Money Tree style.
For a quick bio of each of our show participants, head on over to our panelists page.