“A must-read for any investor looking to find safe ways to get meaningful yields with principal protection.
If you’re looking for a way to construct an income portfolio that consistently churns out 6-8%, this book is for you.”
JEFF REMSBURG
Editor, InvestorPlace
Retiring on bonds used to be simple: buy them, collect safe fixed income, done. Not anymore. Bonds don’t pay enough to fund a real retirement.
How about dividend-paying stocks? Well, the blue chips don’t pay much more than 2% or 3%. On a $1 million portfolio, that’s $20,000 to $30,000 in annual income. Not enough.
There’s a better way.
Income investing expert Brett Owens shows you where to look for yields (the yearly income an investment pays, as a percentage of price) of 6%, 7% and even 8%, or up to $80,000 a year on that million. Higher yields carry their own risks, and the book shows you how to weigh them.
In this book, Brett will take you beyond Wall Street’s “blue chip BS” and create a portfolio that can actually generate meaningful income. It’s the 8% No Withdrawal Portfolio: you live on the dividend income and keep your shares, instead of selling some every year.
As you build this retirement portfolio, you’ll see where closed-end funds (CEFs: funds with a fixed number of shares that trade on the stock market) can add to the ETFs you may already own.
Build income you don’t have to sell shares for. Dividends can be cut and share prices rise and fall, so neither the income nor your principal (the money you invested) is guaranteed. The book shows you how to aim for 8% with those risks in view.
About The Authors
Brett Owens is a dividend investing author and contrarian income strategist. His contrarian income recommendations have averaged 9.4% annualized total returns since inception in August 2015, with most gains paid as dividends.
Tom Jacobs is the co-author of How to Retire on Dividends and the author and editor of numerous investment books.
Reviews From Our Readers
"I have been following Brett's dividend driven financial advice for the past few years through his subscription newsletter so I decided to give this a read. This book was a great primer, with a lot of specific insights interspersed, outlining his sound advice. The great thing about the methods and strategies he and Tom outline is that they are sound for any market - eliminate as much risk as possible without shooting yourself in your foot. No complaints at all about investing $10 and a few hours into this read. Well worth it. Thanks for the sane and manageable advice." - Doug A
Great book even for someone new to investing
"As a scientist I've always been more concerned with my work than investing money.The stock market seems random and insane. Turns out that it is if you don't buy dividends. This book shows how to turn savings into income and cash flow that grows every year without losing sleep like I did during my PhD. I actually know how to retire without gambling with my life's savings when the time comes." - Amazon Customer
"This is the best investing advice about dividends in one book. I've read Brett's investing analysis for years. Excellent playbook for serious dividend investors looking for actual yields!" - Amazon Customer