Do you invest this way yourself?
The closed-end funds that I talk about, I own bunches of them.
The older you are the more bonds you want, and the younger you are the more stocks you want, but personally I've got about 50-50 in terms of a mix. The stocks I own, I make sure that they're relatively high dividend-yielding—I want a 3 to 4 percent dividend. If your reader is 30, then I'd say own 80 percent dividend-yielding stocks and 20 percent bonds, and vice versa for somebody that's 75. Hopefully that makes a lot of money. Or at least a little.