Tag: CEF recommendations
Earn $40K In Dividends On $500K? My 8-Step Plan To 8% Yields
Even with the 10-year Treasury “rallying” of late, it still pays just 2.9%. Put a million bucks in T-Bills, and you’re banking $29,000 per year. Barely above poverty levels! Hence the appeal of closed-end funds (CEFs), which often pay 8% or better. That’s the difference between a paltry minimum-wage income of $29,000 on a million saved or […]
My Personal 8-Step Plan For 8% Dividends In CEFs
Today, the 10-year Treasury pays just 2.7%. Put a million bucks in T-Bills, and you’re banking $27,000 per year. Barely above poverty levels! Hence the appeal of closed-end funds (CEFs), which often pay 8% or better. That’s the difference between a paltry minimum-wage income of $27,000 on a million saved or a respectable $80,000 annually. […]
