Collect $3,333 in Monthly Dividends on Just $500,000 for Life
May 19, 2018 at 06:00 AM EDT
Most investors with $500,000 in their portfolios think they don’t have enough money to retire on. They do – they just need to do two things with their “buy and hope” portfolios to turn them into $3,333 monthly income streams: Sell everything – including the 2%, 3% and even 4% payers that simply don’t yield enough to matter. And, Buy my 8 favorite monthly dividend payers. The result? $3,333 in monthly income every month (from an average 8% annual yield, paid every 30 days). With upside on your initial $500,000 to boot! Traditional dividend stocks simply can’t keep up. Let’s take a 4-pack of popular dividend aristocrats to map how much they’ll pay investors through summer.… Read more