“Quiet QE” Means Sizzling 60% Profits for Us
July 19, 2023 at 05:00 AM EDT
Sixty percent gains, needless to say, are nice! They can be the difference between a comfortable retirement and, well, one where we’re a bit too concerned about losses. A million dollars is plenty to retire on dividends. But isn’t $1,600,000 even better ? With a million, an 8% yielding portfolio dishes $80,000 per year in dividends. Nice. But that 60%-higher portfolio pays $128,200. Even nicer . Why am I teasing 60%? Because we have the best opportunity to bank big gains—from safe dividend stocks, no less!—since the fall of 2020. The opportunity is here thanks to a form of “quiet QE” from the Federal Reserve.… Read more