How to Collect $132,000 in Dividends on a Million Dollars

While vanilla investors worry along with the herd, we contrarians are buying. And oh, the yields we have available! As I write to you today, I’m staring at no less than 29 income funds that yield more than 8% . Twenty-nine paying more than eight! For retirees with a million-dollar portfolio, this is $80,000 per year in dividend income. Actually, more, because some of these funds pay up to 13%. Why would we sell when this is the best time to buy in years? I explained this while yapping with Moe Ansari on his Market Wrap program . Moe asked me: “We hear all the ‘Doom and Gloomers’ out there.… Read more