Core Insights - The article discusses the perspective of a retired income investor focused on generating passive income through high-yield securities to supplement retirement income [1] Group 1: Investment Strategy - The investor seeks primarily dividend-paying stocks and funds, including Business Development Companies (BDCs), Real Estate Investment Trusts (REITs), Closed-End Funds (CEFs), and Exchange-Traded Funds (ETFs) to enhance retirement income beyond pension and Social Security [1] - The investor emphasizes the importance of conducting thorough research and making informed long-term investment decisions, especially after experiencing minimal losses during the Great Recession [1] Group 2: Market Psychology - The article highlights the investor's interest in the psychological aspects of market behavior, indicating that understanding human psychology is as crucial as financial analysis in investment decisions [1]