This “12% Dividend Secret” Could Let You Retire Now (on Just $300K)

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This “12% Dividend Secret” Could Let You Retire Now (on Just $300K)

Imagine getting $100 per month in passive income for every $10,000 you invest. That amounts to a $35,000 annual dividend stream with less than $300,000 saved.

It’s not impossible. In fact, investors do it all the time with my favorite high-yield investments—closed-end funds (CEFs). While the average yield on CEFs is currently 6.2%, a third of these funds yield upwards of 7%, and 17 boast payouts of 10% and higher.


Source: CEF Insider

CEFs’ payouts are particularly impressive considering the SPDR S&P 500 ETF Trust (SPY), an index fund tracking the S&P 500, yields a paltry 1.3% today—the lowest yield for the stock market in 20 years.… Read more

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This Contrarian Tech Trend Is Ripe for Buying (for Big Dividends and Gains)

We need to talk about SPACs, the popular kids of the investment world over the last year, because they could play a bigger role in our portfolios—and even our dividend income—in the future.

Few people associate SPACs (or special purpose acquisition companies) with dividends. That’s because these so-called “blank check” firms are all about growth: they’re set up and pushed through an IPO simply as a pile of money that’s been pooled by investors. Then, post-IPO, their managers purchase an existing private company (with many SPACs focusing on the tech space). By doing so, the newly acquired firm immediately becomes public, since the SPAC is already a public entity.… Read more

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My 3-Step Secret to 9.4% Dividends and 55% Gains (works every time)

Ignore the pundits’ petrified bleating over rising interest rates. Sure, the yield on the 10-Year Treasury has spiked to 2.9%, but you’re still not retiring on it!

Look at it this way: if you dropped, say, $500,000 into Treasuries tomorrow, you’d still only get $14,500 in income. That’s just a hair over the poverty line of $14,342 for two people aged 65+ living under one roof.

That’s an insult after a lifetime of hard work!

And it’s exactly why I’m going to show you 3 simple steps you can take to rack up safe dividends that average 6.6% now (and some go well beyond 9.4%).…
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The 3 Worst Mistakes CEF Investors Make (and How to Avoid Them)

Most folks buy closed-end funds for one reason: big yields!

But that’s not the only reason—and depending on your situation, it may not even the best reason for you, as I’ll show you shortly. (I’ll also reveal 3 tricky, but easily avoidable, blunders many folks make with CEFs).

First, there’s no doubt CEF payouts are legendary.

According to BlackRock’s latest quarterly update, dividend yields range from an average of 2.25% in the lowest-paying CEF sector (emerging market equity) to 9.9% in the highest paying (municipal-bond funds). (The muni-bond fund yield is on a tax-equivalent basis and based on a 43.4% tax rate, as munis are exempt from federal income tax):

A Rich Hunting Ground for Yield Fans
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