How to Grow $500K and Collect $3,279 per Month, Every Month

You may think $500,000 isn’t enough money to retire on. It is. Because with two quick steps, you can transform any $500K “buy and hope” portfolio into a $3,279 monthly income stream: First, sell everything. Including the 2%, 3% and even 4% payers that simply don’t yield enough to really matter. Then, Buy my 8 favorite monthly dividend payers. The result? $3,279.69 in monthly income every month (from an average 7.6% annual yield, paid every 30 days). With upside on your initial $500,000 to boot! Traditional dividend stocks simply can’t keep up, and I’ll show you why. Let’s take a 4-pack of popular names Procter & Gamble (PG) , McDonald’s (MCD) , Altria (MO) , and General Mills (GIS) to illustrate how much they’ll pay investors the rest of the year.… Read more