My Favorite Way to Quickly Double Money with Dividends
May 29, 2024 at 05:00 AM EDT
Got some investing money you’d like to double? As in, grow it by 100% or more? Here’s the surest and safest way to do it quickly. Well, before we get into getting rich, let’s talk about income. Not everyone needs to grow their pile of money bigger and bigger . Some of us are done accumulating and are looking for cash flow to help us cruise through retirement. So, we have two options: Option 1: Invest for Income Today Put some of the cash pile into safe funds and stocks. I can show you where to find 7.52% yields, which means you can build a “no withdrawal” retirement portfolio that spins off $75,214.44 on a million bucks: 12 Month Projected Income for CIR Portfolio Source: Income Calendar Of course, few blue-chip stocks pay over 2%.… Read more