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Buy This Dip? Nah. Here’s What I’d Do Instead (for 8%+ Dividends)

I know you’re struggling to find cheap stocks to buy these days (or at least stocks that aren’t cheap for a reason!). This pullback is a bit helpful, but not enough for us dividend investors—the average S&P 500 stock yields a pathetic 1.7% as I write this. That’s nowhere near enough dividend income to retire on, unless you’re sitting on a portfolio $2.5 million or more! But don’t worry, there are always bargain-priced dividends out there—we just have to go a step beyond what the mainstream crowd is buying. Today I’m going to show you one such investment; it’s my favorite one to buy for big dividends and upside.… Read more
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