After a wild year in financial markets, many investors ended 2020 with at least a thing or two to smile about. Stocks overall posted solid gains for the year, and coronavirus vaccines are slowly being doled out to the public, bolstering hopes for economic growth this year.
But with interest rates so low, these are rough times for fixed-income investors who need income now from their portfolios. Here’s some advice from investment pros for those investors, as well as those with fixed-income portfolios geared more toward the medium or long term.
If you need income now
For investors in or