Core Insights - The article discusses the perspective of a retired income investor focused on high-yield investment opportunities to support retirement income [1] - The investor emphasizes the importance of dividend-paying stocks and funds, including BDCs, REITs, CEFs, and ETFs, to enhance income beyond pension and Social Security [1] Investment Strategy - The investor began engaging with the stock market in late 2007, motivated by an unexpected inheritance, and has since conducted extensive research to make informed long-term investment decisions [1] - The investor aims to minimize losses and maximize income through strategic selection of high-yield investments, particularly during economic downturns like the Great Recession [1] Market Psychology - The article highlights the investor's interest in the psychological aspects of market behavior, suggesting that understanding human psychology is as crucial as financial analysis in making investment decisions [1]