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:

1. First, sell everything. Including the 2%, 3% and even 4% payers that simply don’t yield enough to really matter. Then,
2. 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

If you’re worried that you’ll struggle to profit from stocks for the next few years, you shouldn’t. There are still plenty of outsized gains waiting to be had—and today I’m going to show you exactly how to get in on the action.

First, we need to talk about what’s making stocks harder to invest in these days. It boils down to two points:

1. Valuations are high.
2. Interest rates are rising.

When stock valuations rise too far, they inevitably come back to earth. The S&P 500 is now trading at a price-to-earnings ratio of almost 25—the highest level in a generation except for two other times: 2000 and 2007.… Read more

This levitating stock market is terrible news for anyone who wants to actually retire. That’s because it’s keeping S&P 500 dividend yields in the dumpster, at a hair under 1.9% now.

But there’s a better way—an 8% retirement-survival strategy, to be specific—that’ll earn you $40,000 annually on a $500,000 portfolio. With capital gains upside, to boot.

You read that right.

Most “first-level” investors have no clue the investments I’m going to tell you about even exist. That’s why most folks pile into blue chips, wrongly thinking they’re the ones at fault for not having saved the massive nest egg they need to get a livable income stream.… Read more

If you hold any of these five risky REITs, you should sell them immediately. And put that money into two recession-proof bargains (paying up to 8%) that we’ll discuss shortly.

REITs aren’t always as safe as their dividends appear on paper. Consider Investors Real Estate Trust (IRET), which slashed its dividend by nearly half late last year. This wasn’t a sudden decision – it followed years of share declines as falling oil prices crushed rents across IRET’s markets.

IRET has now lost 40% in four years and seen its high-single-digit yield reduced to less than 5%. Even IRET’s brief recovery after the dividend cut has withered away, and shares are off double digits in 2017.… Read more

Worried about a pullback? I don’t blame you. But you shouldn’t stash your portfolio in cash when you can bank this 10% dividend and be protect yourself from a drop in the stock market.

Rather than buying stocks for their payouts and hoping they don’t crash, you can extract more money from them – and protect your downside risk – by “writing” covered calls. And don’t worry, we’re not going to get into an Options 101 course here.

I’m going to explain the strategy to you – and then recommend my favorite fund which is easy to buy, and will do all of the heavy lifting for you.… Read more

There’s a secret way to make a killing in the stock market, and one superstar investor is jumping in with over $1 billion.

You may not have heard of Boaz Weinstein, but he’s become a legend on Wall Street. Back in 2012, he made a ton of money betting against J.P. Morgan’s London Whale—whose name is now linked with risky, poor investments.

Seeing the London Whale’s ridiculous trading strategies, Weinstein bet aggressively against the Whale—and won big. J.P. Morgan lost $2 billion because of this one trader, causing the bank’s CEO, Jamie Dimon, to admit that the firm had lost the money due to “egregious mistakes” in trading.… Read more

Is there a bond bubble? There’s certainly more froth than not, with investors recklessly reaching for the riskiest of yields.

But there’s one last 10% dividend on the board worthy of our consideration. It’s available thanks to investors’ misunderstanding (and laziness) – we’ll discuss details in a minute.

But first, let’s review three key rules that will help us navigate this budding bond bubble.

Rule #1: Maximize Your Upside

Our favorite second-level thinker Howard Marks noted in an op-ed for Barron’s that Netflix (NFLX) bond buyers – who recently scooped up €1.3 billion of Eurobonds paying just 3.625% – might have exposed themselves to significant downside without much upside.… Read more

Today I’m going to show you three funds that are clobbering the market while throwing off a princely income stream.

These three funds have all gained 30% so far in 2017, even though the market is up a more modest (but still solid) 10%. And thanks to their skilled management teams and the exploding corners of the market they play in, they still have plenty of room to run.

The best part: between them, they pay an average 6.5% dividend! And thanks to their strong outperformance, those payouts are going to keep flowing to shareholders.

So you could buy all three of these funds, get a huge passive income stream now and position yourself for strong capital gains, thanks to the steady growth in these funds’ net asset values (or the value of their underlying holdings).… Read more

If you’re looking for a place to park some fresh cash now—and open it up to 100%+ upside—I have three words for you:

Buy dividend growth.

I’ve told you before how a portfolio of stout dividend growers is the best way to clobber the market in the long run.

The best dividend champs do double duty: fatten our pockets with surging payouts while hitting the gas on R&D spending. That locks in their competitive edge … setting the stage for even higher dividends!

It’s the kind of vicious cycle I love, and most folks pay far too little attention to.

Below I’ll give you 5 reasons why now is the perfect time to buy dividend-growth stocks, and why I’m personally doubling down on these elite companies.… Read more

Many investors mistakenly believe that the world of private equity and its home-run potential are hopelessly out of reach. Privately held PE firms are difficult to access and often require seven-figure sums to start. Plus the handful of publicly traded PE companies are organized as limited partnerships – which means a hassle come tax time.

But there’s a promising group of easy-to-buy private equity firms hiding in plain sight: business development companies (BDCs).

And BDCs are dividend behemoths. In fact, I’ll highlight three today paying up to 9%!

Business development companies are the lifeblood of American small business, providing financing to small and mid-sized business in many instances when banks and other financiers consider the risk to be too great.… Read more