Originally Posted by
LEROY JENKINS
That's pretty close to what I have currently. 1/3 emerging markets and 1/3 in S&P funds. Only thinking about doing this for that piece. Agree that valuations are sky high. Been aggressive and long-viewed my entire life and it's served me well. Struggling with transitioning that mindset now that I'm getting close. 5% expected return the next 10 years the juice isn't worth the squeeze. Basically its a bet between slow growth or a volatile correction. Maybe some good medium risk municipal bonds. Lot of borrowing to shore up budgets.
Municipal bonds are a good option. In the search for yield also consider MLPs. Entire sector was left for dead last March providing opportunities that provide sheer outrageous value. EPD is best in class with an outstanding balance sheet and just under 9% yield currently. Similar tax benefits to Real Estate partnerships.
Outstanding explanation of MLPs can be found here:
https://www.simplysafedividends.com/...tnerships-mlps
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