These 8% Dividends Are Key To Early Retirement

These 8% Dividends Are Key To Early Retirement

Modern grandfather sitting with granddaughter having fun and relaxing, childcare, connections, role ... [+] model With yields north of 7%, closed-end funds (CEFs) should be a staple of every American's portfolio. Especially when you consider that the vast majority of these funds pay dividends every single month. But the truth is, CEFs remain a niche product—only folks have taken the time to try them out realize what incredible income generators they are. (This is why I started my CEF Insider service: to bust the myths around CEFs and give members a selection of diversified funds they can use to build a retirement-changing income stream.) Why are CEFs still off most people's radar? Mainly due to the financial press and financial advisors, both of which have preached for decades that any yield of 7%, 9%, 10% or higher is unsustainable. But that's flat-out wrong. Fact is, plenty of billionaires use CEFs to get huge income streams they can rely on for years. With that in mind, we're going to go debunk three big myths about CEFs. When we're through, I think you'll see that these funds aren't just "nice to have" income payers but critical holds that could let you retire