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Diax

How To Achieve The Mythical “Dividends Only” Retirement

December 3, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Let’s be honest: after the year we’ve just put in, we’re all exhausted. But we can’t let our guard down. Because at times like these, it’s easy to let alarmist headlines skew our buy and sell decisions. Worse, the clamor, and almost always incorrect market predictions that dominate the news these days, can lure you away from the reliable dividend payers you need to fund your retirement. I hate to see that happen to investors—especially when they could easily use high-yield closed-end funds (CEFs) to retire on dividends alone. I’ve got three “low-drama” CEFs that can get you there, thanks to their outsized 8.1% average yield. All three also boast strong dividend growth and price upside, too. More on this high-yield trio shortly. There’s Only One Retirement “Rule” You Need to Know It seems that when most investors do pay attention to retirement planning, they obsess over a random sum advisors or pundits say … [Read more...] about How To Achieve The Mythical “Dividends Only” Retirement

Filed Under: Investing CEFs, DIAX, AMLP, USA, US, closed end funds, high yield funds, high yield CEFs, Investing, ...

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