What’s better than a portfolio that will pay you a $117,000 salary every year in retirement?
How about one that delivers a consistent paycheck each and every month that you can plan all of your regular expenses around?
I’ll show you how, via with three already-diversified high-yield monthly dividend stocks. But first, let me show you how most income investors get it wrong.
Mistake 1: Cheating Themselves on Yield
Sure, yield isn’t everything—you want growth potential, dividend growth potential and safety, too—but it matters. Consider this: Every 1% in yield equates to $10,000 on a $1 million nest egg. Thus, 2% is $20,000, 3% is $30,000, and so forth.… Read more