Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
William Peterson on
Those who keep their funds under the mattress are unlikely
to invest. Doing so would require them to deposit their
funds in a bank account or a brokerage account, which they
fear doing (due to memories of bank runs when they were
young).
Seniors who are willing to invest even small amounts of
money are often looking for security and liquidity, and so
they invest in savings accounts, CDs, and government bonds.
For these people, Series I bonds might be a good choice.
Those who have larger amounts to invest may be willing to
invest in ETFs, mutual funds, or even a portfolio of
individual stocks. While such investments come with higher
risk, they are generally very liquid and often produce
higher returns. For these people, an investment club can be
beneficial.
Edward Kennedy on
Ibonds, no question.
If they have more than $10,000 and don't need immediate cash they can buy more through a living trust, as a gift next January to spouse (earning interest now).
Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
Stuart Lange on
I suspect most seniors (like me, I'm 75) are probably more interested in income than they are in long term growth, particularly if they are lower income seniors. BI principles, although intended to help ferret out quality growth companies, are not contradictory to finding quality income companies as well. In particular I'm thinking of the "Evaluating Management" section of the SSG. While there don't seem to be a lot of common stocks paying monthly dividends as opposed to quarterly dividends, there are quite a few ETFs and Mutual funds paying monthly. (insert standard BI disclaimer here). I use USHYX, DNP, QYLD, PHYZX, CLM and a couple others for this purpose. A monthly payout will help avoid the "feast of famine" pattern quarterly payouts can give. The diversification that ETFs and mutual funds can provide helps lower the risk if investing in individual bonds.
The weekly Value Line includes a screen for high yielding stocks that includes their timeliness and safety rankings. Most brokerages offer screens that include dividend yield and safety measures among the criteria that can be selected. Additionally, there are a number of free screens that can be found on line. Yahoo is one, but there are sever other good ones.
I don't know of any reference works that specifically focus on investing for lower income seniors, but here in Atlanta there is a 0900 Sunday radio program on WSB radio from an investment advisor named Wes Moss of Capital Investment Advisors. , You can get his program on your computer and he takes call-in questions and comments. He leans quite strongly towards income investing for everyone, but seniors in particular.
I hope at least some of this is useful. I hope also that you will consider sharing your seminar with others here.
If they have more than $10,000 and don't need immediate cash they can buy more through a living trust, as a gift next January to spouse (earning interest now).
Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
Linda TerHaar on
Here's something I wish a senior friend, an inexperienced investor, had seen and understood several years ago.
I suspect most seniors (like me, I'm 75) are probably more interested in income than they are in long term growth, particularly if they are lower income seniors. BI principles, although intended to help ferret out quality growth companies, are not contradictory to finding quality income companies as well. In particular I'm thinking of the "Evaluating Management" section of the SSG. While there don't seem to be a lot of common stocks paying monthly dividends as opposed to quarterly dividends, there are quite a few ETFs and Mutual funds paying monthly. (insert standard BI disclaimer here). I use USHYX, DNP, QYLD, PHYZX, CLM and a couple others for this purpose. A monthly payout will help avoid the "feast of famine" pattern quarterly payouts can give. The diversification that ETFs and mutual funds can provide helps lower the risk if investing in individual bonds.
The weekly Value Line includes a screen for high yielding stocks that includes their timeliness and safety rankings. Most brokerages offer screens that include dividend yield and safety measures among the criteria that can be selected. Additionally, there are a number of free screens that can be found on line. Yahoo is one, but there are sever other good ones.
I don't know of any reference works that specifically focus on investing for lower income seniors, but here in Atlanta there is a 0900 Sunday radio program on WSB radio from an investment advisor named Wes Moss of Capital Investment Advisors. , You can get his program on your computer and he takes call-in questions and comments. He leans quite strongly towards income investing for everyone, but seniors in particular.
I hope at least some of this is useful. I hope also that you will consider sharing your seminar with others here.
If they have more than $10,000 and don't need immediate cash they can buy more through a living trust, as a gift next January to spouse (earning interest now).
Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
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PPlease consider the environment before printing this e-mail.
nblizard on
Thanks to all who contributed, this is exactly what I needed!
Best regards
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of Linda TerHaar via bivio.com Sent: Sunday, June 19, 2022 7:19 AM To: club_cafe@bivio.com Subject: Re: [club_cafe] investing advice to lower income seniors
Here's something I wish a senior friend, an inexperienced investor, had seen and understood several years ago.
I suspect most seniors (like me, I'm 75) are probably more interested in income than they are in long term growth, particularly if they are lower income seniors. BI principles, although intended to help ferret out quality growth companies, are not contradictory to finding quality income companies as well. In particular I'm thinking of the "Evaluating Management" section of the SSG. While there don't seem to be a lot of common stocks paying monthly dividends as opposed to quarterly dividends, there are quite a few ETFs and Mutual funds paying monthly. (insert standard BI disclaimer here). I use USHYX, DNP, QYLD, PHYZX, CLM and a couple others for this purpose. A monthly payout will help avoid the "feast of famine" pattern quarterly payouts can give. The diversification that ETFs and mutual funds can provide helps lower the risk if investing in individual bonds.
The weekly Value Line includes a screen for high yielding stocks that includes their timeliness and safety rankings. Most brokerages offer screens that include dividend yield and safety measures among the criteria that can be selected. Additionally, there are a number of free screens that can be found on line. Yahoo is one, but there are sever other good ones.
I don't know of any reference works that specifically focus on investing for lower income seniors, but here in Atlanta there is a 0900 Sunday radio program on WSB radio from an investment advisor named Wes Moss of Capital Investment Advisors. , You can get his program on your computer and he takes call-in questions and comments. He leans quite strongly towards income investing for everyone, but seniors in particular.
I hope at least some of this is useful. I hope also that you will consider sharing your seminar with others here.
If they have more than $10,000 and don't need immediate cash they can buy more through a living trust, as a gift next January to spouse (earning interest now).
Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
--
PPlease consider the environment before printing this e-mail.
Kathy DiMatteo on
Did you check with AARP?
Sent from my iPhone
On Jun 19, 2022, at 1:25 PM, Norman C. Blizard via bivio.com <user*36041900001@bivio.com> wrote:
Thanks to all who contributed, this is exactly what I needed!
Best regards
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of Linda TerHaar via bivio.com Sent: Sunday, June 19, 2022 7:19 AM To: club_cafe@bivio.com Subject: Re: [club_cafe] investing advice to lower income seniors
Here's something I wish a senior friend, an inexperienced investor, had seen and understood several years ago.
I suspect most seniors (like me, I'm 75) are probably more interested in income than they are in long term growth, particularly if they are lower income seniors. BI principles, although intended to help ferret out quality growth companies, are not contradictory to finding quality income companies as well. In particular I'm thinking of the "Evaluating Management" section of the SSG. While there don't seem to be a lot of common stocks paying monthly dividends as opposed to quarterly dividends, there are quite a few ETFs and Mutual funds paying monthly. (insert standard BI disclaimer here). I use USHYX, DNP, QYLD, PHYZX, CLM and a couple others for this purpose. A monthly payout will help avoid the "feast of famine" pattern quarterly payouts can give. The diversification that ETFs and mutual funds can provide helps lower the risk if investing in individual bonds.
The weekly Value Line includes a screen for high yielding stocks that includes their timeliness and safety rankings. Most brokerages offer screens that include dividend yield and safety measures among the criteria that can be selected. Additionally, there are a number of free screens that can be found on line. Yahoo is one, but there are sever other good ones.
I don't know of any reference works that specifically focus on investing for lower income seniors, but here in Atlanta there is a 0900 Sunday radio program on WSB radio from an investment advisor named Wes Moss of Capital Investment Advisors. , You can get his program on your computer and he takes call-in questions and comments. He leans quite strongly towards income investing for everyone, but seniors in particular.
I hope at least some of this is useful. I hope also that you will consider sharing your seminar with others here.
If they have more than $10,000 and don't need immediate cash they can buy more through a living trust, as a gift next January to spouse (earning interest now).
Hello Bivio cafe. I am (was) Sr Partner in an investing club which recently disbanded. Now we have formed an investing class for seniors. I am looking for content to put together a training session for advising seniors, some with lower incomes, whether to invest and if so in what to invest. Currently they keep their funds in bank accounts (or maybe under the mattress) and are looking for better investment options. As seniors, their time horizon is not decades. Does anyone have suggestions where to find content for this information or comments which I can include in the seminar?
Thanks
Norm C Blizard
Mill Race Center Investing Class
Columbus IN
--
PPlease consider the environment before printing this e-mail.