CLM: Time To Take A Fresh Look At The Cornerstone Funds (Rating Downgrade)

Core Insights - The article discusses the perspective of an income-oriented investor who focuses on high-yield income stocks and funds to support retirement lifestyle [1] - The investor emphasizes the importance of conducting thorough research and making informed long-term investment decisions, especially after experiencing the Great Recession [1] Investment Strategy - The investor primarily seeks dividend-paying income stocks and funds, including Business Development Companies (BDCs), Real Estate Investment Trusts (REITs), Closed-End Funds (CEFs), and Exchange-Traded Funds (ETFs) [1] - The goal is to enhance retirement income beyond pension and Social Security benefits [1] Market Psychology - The investor expresses a keen interest in the human psychology of markets, viewing it as both fascinating and complex [1] Personal Experience - The investor's journey began with an unexpected inheritance in late 2007, which led to a deeper engagement with the stock market [1] - The experience of minimal losses during the Great Recession prompted a shift away from reliance on a financial advisor [1]