Asset allocation, risk management, and diversification across a broad range of sectors and asset classes allows retirement oriented investors to achieve a high level of income with growth without assuming an inordinate degree of risk. 

This is achieved by diversifying over a variety of securities and different types of investments. Common stocks are inherently volatile, particularly for investors close to or in retirement. The solution is an alternative to an all common stock portfolio and an approach to equities that allows for a high yielding dividend oriented portfolio of long-term core holdings. 

This approach will provide steady annual cash income while limiting the downside risk of the stock market and providing the growth necessary to keep up with the increasing risks of higher interest rates and inflation.

The baby boom generation has not adequately saved for their rapidly approaching retirement years. As a result, many baby boomers have begun to understand that diversified investing and portfolio management is the only way to build their retirement nest egg and provide the ultimate retirement income they will require.  

Yachtsman is a long-term investor focusing on money management, portfolio diversification and asset allocation among competing asset classes. Carl does not use short-term trading methods or trade options. His equity and overall investment style is to build and maintain wealth through long-term "core holding" positions.