If you’re as nervous about the 2022 financial scene as I am, we should take this holiday week to review 22 reliable dividends.
If you’re as nervous about the 2022 financial scene as I am, we should take this holiday week to review 22 reliable dividends. I’m talking about generous payers that are prepared for any market, bull or bear. In a market where liquidity is drying up fast, sign me up for safe dividends plus additional profits. The asset price “fuel” that our Federal Reserve has provided since March 2020 is disappearing. Fed Chairman Jay Powell is being forced by inflation numbers to reduce the massive cash the Fed has been providing the financial markets. So, let’s talk about 22 stocks with sizable and stable dividends averaging 6.8% that can double, triple, maybe even quadruple your portfolio yield overnight. 22 Ready-for-Retirement Dividends Yield matters. With enough dividend income, we can retire on dividends alone. Provided that we avoid popular indexes. The “broader market,” as represented by the S&P 500, yields a little more than 1.2% right now. So even if we put a whole million dollars to work in it, we only see $12,200 per year— which is below the poverty level for a household of two. Yikes. The solution isn’t buying these stocks anyway and “hoping” they’ll go up. Good luck with that in 2022 as the Fed flees the bond market. No, the real way is with meaningful, reliable dividends. They are the difference between a comfortable retirement powered by cash flow, and a dicey one spent staring at CNBC all day. See the income difference between widely-accepted vanilla retirement strategies, and a careful contrarian income approach: Big Yields Make the Difference The path to contrarian dividends starts with high yields.
