Morningstar Guide to Income Investing in Downturns
Introduction
My first investment in shares happened with no effort on my part—I received an employee grant from the company I was working for. Several months later, I reviewed my bank statements and saw a credit to my account—not enough to declare myself retired, but enough to get me a bottle of Piper Heidsieck. This was my first experience of passive income outside of savings accounts. Many investors seek investments specifically for income (a larger stream than a bottle of wine)—many in retirement, or to supplement income. This guide looks at opportunities that Morningstar analysts argue are positioned to provide sustainable income through competitive advantages and strong balance sheets.
Income is derived from different avenues…
