For year Martin Fridson was considered to be the guru of high yield bonds, an area he became a specialist in as a bond analyst and strategist at major Wall Street firms. However in 2013 he launched a new wealth management firm specializing in income investing from a wide variety of sources. Why did he make the switch?
Believe it or not, both short and long term interest rates are at a 5,000 year low. And no, that is not a typo. No wonder there is a global search for income! We are discussing how to find reliable income producing investments for retirement. Thornburg Investment’s Five star rated municipal bond manager, Chris Ryon and fixed income guru Martin Fridson reveal their secure income strategies. Continue Reading »