Updated: June 12, 2019
Most dividend investors understandably love the idea of 10%+ yields. It sure makes retirement easy!
Earn $50,000 per year in dividends alone on a $500K portfolio, or $100,000 annually on a million? Spend your lavish payouts without ever tapping principal? What’s not to like!
Plus, the recent stock market pullback has benefited investors like us because we can snag more dividends for our dollar. Yields are higher overall, and that’s a good thing.
But this strategy is a bit more complicated than simply finding 10% yields and buying them. We must smartly select the stocks that are going to pay our 10%+ dividends securely without tapping their own share prices to pay us.… Read more