I hope last week’s Iran head-fake didn’t have you thinking about buying so-called “safe” dividends like Treasuries. Because these tired income standbys aren’t safe at all!
With your nest egg yielding a pathetic 1.9%, you’re guaranteed losses, with inflation running at 2.1%. So today we’re going to make a simple contrarian move that will:
- Hand us huge 8.6%+ cash dividends—nearly five times what Treasuries pay.
- Pay us every month, not every quarter.
- Set us up for nice price gains “on the side,” and …
- Give us “Iran insurance,” helping shield our nest egg against swift drops triggered by global instability, an economic downturn—any reason, really.