Warning: This “2-Step” Retirement Blunder Will Cost You 9.8% Dividends

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The Contrary Investing Report > NYSE:ERH

I run into a lot of investors who think retirement investing is a two-act play.

In Act 1, when you’re younger, you try to balloon your nest egg with high-risk growth stocks that pay little (and often no) dividends.

Then, in Act 2, as you near—and enter—retirement, you pivot to the big dividends you need to pay your bills.

Trouble is, this approach exposes you to far too much risk, so today I’m going to show you a better way.

Your Best Play: Big Dividends and Growth—Right Now

I’m talking about 10 funds that can hand you dividends up to 9.8% right now, plus annual returns of 10% or more.… Read more

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As investment strategist at CEF Insider, it’s my job to tip you off to the best closed-end funds (CEFs) out there. But it’s also my job to steer you away from those that are, well, terrible.

So today we’re going to zero in on four CEFs whose massive dividends (up to 12.7%!) might tempt you to buy. But doing so will lock you into an ever-shrinking income stream while the share price crumbles beneath your feet.

The first red flag? All four of these funds are from Wells Fargo (WFC), a bank that’s been at the center of various scandals for years now, starting with the 2016 fake-account fraud that took down Wells’ CEO at the time.… Read more

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