23 Massive Dividends for 2023: 7% to 18.2%!
December 23, 2022 at 04:00 AM EST
Ten percent dividends are no joke. We’re talking $50,000 in annual payout income on $500K. Or $100,000 in yearly dividends on a million dollars. This is serious cash flow. And best of all, we’re talking yields—which means, if we buy right, we can sit tight, collect these payouts and keep our nest egg intact. Generous yields give us a big advantage over vanilla investors, who fawn over traditional blue chips (paying 2% to 3%). That’s not enough. It’s easy math. Let’s reference the million-dollar portfolio again. If we invest in the “broader market,” the S&P 500 yields 1.5%. It’s proxy, the SPDR S&P 500 ETF Trust (SPY) , pays a meager $15,000 in annual income.… Read more