Do yourself a favor and shut out all the “experts” who say it’s impossible to retire on dividends alone. They’re just plain wrong! Because even today, with stocks soaring (and dividend yields in the tank), you absolutely can build a portfolio yielding a solid 7%+.
We’re going to do it now, and we’re going to do it easily—with just three funds. These funds—part of a unique asset class called closed-end funds (CEFs)— pay 7.6% between them, and the biggest yielder of the bunch throws off a huge 8.7% payout!
And they’re just the start.
A 7.6% dividend yield is enough to pay you $38,000 a year on just $500K invested, and you wouldn’t have to draw a single penny of your principal to get that cash stream.… Read more