The 8%+ Dividends Most People Will Miss (and Kick Themselves for It in 2022)

Our Archive

Search completed

If you’re like most investors, you’re tired of having the following two pieces of “wisdom” pounded into your head by the financial media:

  1. Any high yield (here I’m talking 6% and up) is dangerous and certain to be cut, and …
  2. Hardly anyone ever outperforms the S&P 500, so why even try?

Both are nonsense.

Fact is, you can get steady yields of 7% and higher (or even 8.8%, as I’ll show you shortly) through several high-yield funds called closed-end funds (CEFs). (If you’re a member of my CEF Insider service, you already know this: our portfolio of 20 CEFs is handing us an average dividend of 7.7% today, with the highest yielder of the bunch paying an outsized 11%.)… Read more

Read More

Let’s relegate 2020 to the trash heap (where it belongs!) and look to the new year that dawns tomorrow. I’ve got three predictions I’m going to lay out for you now, and three high-yield closed-end funds (CEFs) with dividends up to 8% that are nicely positioned to ride them to strong gains in the next 12 months and beyond.

Prediction No. 1: Home Sales Will Surge—and So Will This 8% Payer

One of the biggest financial stories of 2020 was the strong real estate market. In November, US home prices jumped 12.7%, and Zillow believes 2021 will be “the hottest [year] in recent memory.”… Read more

Read More

Let’s take a look at how the new stimulus bill affects our portfolios—and dividends!—then look at how we’ll invest in closed-end funds (CEFs) for 7%+ dividends as 2021 unfolds.

Cash to Consumers = Bigger Corporate Profits (and Dividends)

One thing’s for sure—unlike the spring package, this one eliminates the problem of big companies absorbing billions in aid. This package is focused on putting cash in consumers’ hands, which I think we can all agree will do a better job of stimulating the economy.

For starters, taxpayers will get $600 in checks sent to them, while people on unemployment will get an extra $300 per week.… Read more

Read More

With 2020 coming to a (merciful) close, it’s a good time to take a moment to cast an eye over our dividend portfolios.

One thing to pay particular attention to: the amount of cash you’re holding. Because if you’re like many investors I’ve talked to recently, you’re holding too much of it—and that can cause a steady wealth drain that bleeds away thousands in returns every year!

Taking Money Off the Table—at Exactly the Wrong Time

Of course, having a healthy cash cushion is always a good thing. The trouble for most folks, though, is that they’ve been growing the amount of cash they have outside the market just as stocks have taken off.… Read more

Read More

Maybe you’ve had to face one dividend cut in the crisis—maybe more than one. Maybe you’re like many folks, scanning the headlines daily to try to get a jump on the next cut before it slices your income steam.

I get it. It’s part of the anxiety we’re all feeling. And there is good reason to be wary: this pandemic has forced the biggest dividend “sacred cows” to slash payouts—names like Wells Fargo (WFC), Ford (F), Ventas (VTR) and Disney (DIS).

If you’d said any of these companies would cut their dividends back in January, you’d have been laughed out of the room!… Read more

Read More

After watching the S&P 500 crash, then levitate, over the past seven months, I’ve come to one conclusion: high-yield closed-end funds (CEFs) are disrespected now—and that makes them a great contrarian buy.

Sure, some CEFs are cheap for a reason (I’m looking at you, energy funds). But there are plenty of undervalued winners, too. And plenty of CEFs have crushed the market this year, including 10 that have returned more than 8%. This top-10 list, which I’ll show you below, includes CEFs that have doubled, tripled—and even quadrupled the S&P 500’s 4% return.

What’s more, these funds all have one thing in common that sets them up for even bigger gains: strong management, proving once again that who manages your money is just as important as what you invest in—especially if you’re looking to boost your portfolio’s income stream with the 7% (or higher) dividends the typical CEF throws off.… Read more

Read More

Flipping through my stock screener earlier this week, I ran across two of the best examples of bubbles-in-the-making I’ve ever seen:

Looking to Lose Money? Invest Here.

Those would be Tesla (TSLA), in blue above, and Virgin Galactic (SPCE), in orange.

Bubbles, of course, are nothing new: Nobel Prize–winning economist Robert Shiller explained them in his 2000 book, aptly titled Irrational Exuberance:

“Errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details and excessive trust in the judgments of others, stemming from a failure to understand that others are not making independent judgments but are themselves following still others—the blind leading the blind.”… Read more

Read More

The trade-war panic is in full retreat—and it’s left us three ridiculously cheap funds set to soar even higher than the market in the coming months.

Best of all, we’ll bag some very nice dividends from this trio: I’m talking outsized yields up to 7.4%!

Before I show them to you, let’s talk about why the market looks set to head higher.

Right now, the SPDR S&P 500 ETF (SPY) is up 18.3% for 2019. This sounds too good to last, but keep in mind that this jump started near the depths of the late 2018 correction—a low level.

That makes the year-to-date number misleading; a longer-term view shows signs of consistent and slow recovery from 2018’s major volatility:

A Steadying Market

There are a lot of reasons for this, but the two most important ones are good signs for stocks.… Read more

Read More

Almost everyone walked right by the three monster dividends I’ll show you in a minute: they yield up to 9% now, and we’re looking at 15%+ price upside too!

The media always downplays these picks—and never gives them the credit they’re due, especially when it comes to their massive dividend payouts.

But a few folks are starting to see these three funds as the source of steady retirement cash (plus upside) they are. So you only have a short time—I’m talking days—to make your move here.

I’ll unmask these three steady retirement dividends shortly (including one that even pays you every month, as opposed to every quarter), and rank them from worst to first.… Read more

Read More

ETFs, or exchange-traded funds, are for suckers. There is no reason for any savvy income investor to get wrapped up in this “$3.4-trillion obsession.”

Why do I say $3.4 trillion? Because that’s how much Americans have tied up in them. But there are better ways to buy the same types of stocks, and shortly we’ll highlight three ETF replacements you can buy just as easily for yields up to 7.5%.

Wall Street is (of course) happy to play along with the ETF craze, cranking out fund after fund to give folks their fix—some so “out there” they track wheat futures, casino stocks, even companies that aim to curb obesity.… Read more

Read More

Categories