Enbridge Income Fund Holdings Inc. EBGUF

RE:RE:I thought I was going to retired... SAVINGS MEANS UP RIGHT?

[marketsense]

Income stocks are generally for retirees like myself that are not so concerned about capital
gains but require income to live on.  A decent monthly income is my primary concern and once invested, I hope never to sell.  So capital loss or capital gain is much less of a consideration.
The fact that rates are in a rising trend allows me to buy more of ENF at a lower price and a 
higher yield.  This is a major opportunity for me to increase my income and I would suggest that 
number of retired people in Canada and the US requiring this type of investment is not an
insignifcant amount and will certainly increase over time.    For  even younger folks,  investing
in some income stocks is not such a bad idea IMO and you could do a lot worse by buying the
latest hot stock recommendation that brokers and analysts love to tout.