The Fed funds rate is 0.25% higher now than it was this time last week. What does this mean for our income investments – especially our monthly dividend payers?
We’ll explore in a minute. First, let’s allow ourselves a moment to appreciate the attractiveness of meaningful monthly distributions.
Our bills arrive every 30 days. But most stocks only pay their dividends every 90. So why don’t we bridge the gap and line up our income with our expenses?
Electricity bill? No problem – got an emerging market bond distribution to cover that.
Cable? No hurry to cut the cord (and risk live sports) when we have a REIT stock that covers this month’s bill.…