The 8%+ Dividends Most People Will Miss (and Kick Themselves for It in 2022)

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If you’re like most investors, you’re tired of having the following two pieces of “wisdom” pounded into your head by the financial media:

  1. Any high yield (here I’m talking 6% and up) is dangerous and certain to be cut, and …
  2. Hardly anyone ever outperforms the S&P 500, so why even try?

Both are nonsense.

Fact is, you can get steady yields of 7% and higher (or even 8.8%, as I’ll show you shortly) through several high-yield funds called closed-end funds (CEFs). (If you’re a member of my CEF Insider service, you already know this: our portfolio of 20 CEFs is handing us an average dividend of 7.7% today, with the highest yielder of the bunch paying an outsized 11%.)… Read more

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I sure hope you didn’t listen to the nervous Nellies who told you to pull your cash out of stocks ahead of the election. Since October 30, the S&P 500 has jumped more than 5%, as of this writing.

And remember tech stocks, the sector everyone seemed to be leaving for dead a few days ago? They’re up nearly 7%, going by the tech benchmark Invesco QQQ Trust (QQQ).

2020 Pulls a Fast One on Panic Sellers (Again!)

This is particularly painful if you’re a dividend investor. If you sold just a few days ago, you’re now forced to buy back in at higher prices—and lower yields!… Read more

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I’m going to show you a dividend portfolio that gets you an incredible 9.5% payout—and you won’t have to take on stomach-churning risk (which, let’s face it, no one’s keen on doing now) to get it.

Imagine what a 9.5% dividend could mean. Take a $300,000 portfolio and you’ve suddenly got $2,375 in passive monthly income. A million bucks? You’re talking about almost $8,000 a month—miles ahead of the $1,500 a month you’d get if you just put it in an S&P 500 index fund.

Here’s the kicker: the investments in this five-fund portfolio, all closed-end funds (CEFs), invest in the same companies that make up the S&P 500.… Read more

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It’s no secret why most people buy closed-end funds (CEFs): big dividends!

The 500 or so CEFs out there yield a game-changing 7%, on average. And with CEFs coming from all corners of the economy, you can easily build a nice, diversified CEF portfolio paying enough dividend cash to let you retire on $500,000 (or less!).

If you’re a reader of my CEF Insider service, none of this will surprise you. The service’s portfolio boasts funds yielding all the way up to 12.9%.

CEF Investors an Emotional Group

But there is one thing you should know about the CEF market: investors who buy CEFs are a bit twitchy, meaning they can sometimes oversell in a crisis.… Read more

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Today we’re going to dive into the three best closed end funds of all time. These retirement-changing dividend plays—yielding all the way up to 8.6%!—have not only been crushing all other CEFs, but they’ve been demolishing the S&P 500, as well.

That’s just not supposed to happen!

After all, the pundits are constantly telling us that actively managed funds should not beat the S&P 500, and you’d be better off with a low-cost index fund like the Vanguard S&P 500 ETF (VOO).

But these three CEFs have been crushing VOO for years—and they’re on track to keep doing so.

That’s not all they offer—these funds also pay dividends more than three times higher than the S&P 500 average, boosting your nest egg while giving you a much bigger cash stream than you could ever get from index funds.… Read more

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It happens in every crisis: far too many people miss out on big gains (and dividends!) because they’re too focused on the last wipeout.

You can see this tragic mistake throughout history—and many folks are in danger of making it now. I don’t want you to be one of them, so let me explain where I’m going here.

The Generals Always Fight the Last War

Let’s start with the dot-com crash of 2001. After that collapse, many people feared any kind of tech stock. But those who disavowed tech missed out on a monster return. For example, the Invesco QQQ Trust (QQQ), which tracks the Nasdaq 100, has more than doubled up the S&P 500’s gain since.… Read more

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There’s one word that strikes utter terror into the hearts of many investors: leverage.

But it really shouldn’t—and today I’m going to show you how to make sure you’re using leverage the right way, while minimizing your risk and reaping the biggest gains you can.

As you probably know, closed-end funds (CEFs) commonly use leverage to amp up their investment returns (and their dividends, which boast an average yield of around 7%). That’s fed their strong gains this year, as the Federal Reserve rolled out three consecutive rate cuts:

CEFs on a Tear

The CEF Insider index tracker has shown double-digit gains across the board, with equity CEFs slightly outperforming the S&P 500’s 26% year-to-date gains.… Read more

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Buy funds with the lowest fees and you’ll retire earlier. That’s the so-called “wisdom” in investing, right?

Too bad it’s dead wrong.

Today I’m going to show you how. I’ll also name an incredible fund that racked up a monster 338% return in the last decade, crushing its “dumb” index-fund alternative by nearly 4 to 1!

Plus, this unsung income play pays a safe—and growing—8.6% dividend (paid monthly, no less). That’s enough to hand you $3,583 every month on a $500K nest egg.

Leaving $1,000,000 on the Table

Before we get to that, let’s look at how obsessing over fees can cause you to miss out on thousands of dollars—maybe even a million!… Read more

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How much do you need to save to retire comfortably? Not as much if you think if you buy the right monthly dividend payers.

How you invest your retirement portfolio is more important than how much you have. Especially today, with “dumb” retirement money collecting just 1% in safe bonds.

That 1% won’t even get it done if you save the $1.7 million most Americans believe they need. (And don’t worry, they are wrong anyway. You don’t need nearly that much money to retire on dividends alone.)

Financial experts are incorrect, too. Here is more advice based on, well, not knowing which dividends to buy in retirement:

  • The AARP says you’ll need $1.18 million to generate $40,000 a year.

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It’s a question that’s absolutely critical when judging a closed-end fund: how safe is the dividend?

This is particularly crucial when you consider the huge yields the average CEF offers compared to their ETF cousins. For the 2,918 ETFs available to US investors, the average payout is 1.9%, partly because 735 of these funds pay nothing at all. But even without those, the average ETF yield is still a pathetic 2.5%.

CEFs? For the over 450 covered by my CEF Insider service, the average yield is 7.3%, and only nine yield less than 1%. In fact, over 85% of CEFs yield more than 4%, while just 9% of ETFs do!… Read more

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