Updated: November 5, 2016
Today I’m going to show you an easy way to use the S&P 500 Dividend Aristocrats—companies that have hiked their dividends for 25 straight years or more—to build a durable income stream you can retire on.
But before I do, there’s something I need to tell you about these 50 companies, which are “sacred cows” in many investors’ eyes: the fact they’re in this exalted club today doesn’t mean they will be in the future.
Consider ExxonMobil (XOM), a long-time Aristocrat that’s losing money fast and may be forced to slash its payout.
I know I don’t have to tell you what investors who are relying on XOM’s 3.6% dividend would do if their quarterly “paycheck” suddenly dropped in half.… Read more