The $55,000 “Retirement Salary” Portfolio: Too Good to Be True?

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What’s better than monthly dividends that add up to 7.2% to 15.4% yearly yields?

Cheap monthlies thanks to a high level of fear amongst vanilla investors.

Source: CNN Fear & Greed Index

We contrarians do our heavy shopping when the crowd is fearful. We have some attractive dividend opportunities today in quarterly payers.

But hey, why settle for every-90-day divvies when we can get paid on the month, every month?

Monthly dividend stocks pay us on the same schedule we receive our bills, which is convenient no matter our age but downright helpful once we hit retirement.

But when it comes to explaining the difference, I find a visual really helps the message sink in.… Read more

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Few folks realize it, but there’s a great place to invest our money to profit from “DC drama” like the debt-ceiling fiasco. It’s literally hiding in plain sight.

I’m talking, oddly enough, about government debt! But not federal-government debt. Instead we’re going to bypass DC and go with municipal bonds, which are issued by sleepier (in a good way!) state and local governments to pay for infrastructure projects.

Because here’s what most folks don’t realize: “munis” do great when political shenanigans abound in DC. To see what I mean, think back to 2011, another period when a Republican House and a Democratic president scrapped over the debt ceiling.… Read more

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