Mortgage payments. Car payments. Cell-phone bills. Power bills. Water bills. Credit card bills.
What do they all have in common?
Nobody likes them, of course. But more importantly, they all arrive relentlessly month after month.
That’s fine when you have a normal job that pays you every couple of weeks or every month. But that regular bill routine becomes considerably more daunting once you hit retirement, when much of your regular income is coming from your portfolio of dividend paying stocks … which pay out every quarter, not every month.
Investors in turn often build complicated dividend calendars that get knocked out of whack whenever they ever have to cut back on certain stocks.… Read more