The DOW 30 companies (best in the world) pay shareholders about 3.30% of in-your-pocket income. Less than the 4% needed in retirement, without including management fees, if any, and a small fraction of company earnings. Their collective P/E ratio is an incredibly speculative 43.37/1. Not one is in single digits, as most of them were in the past.
My universe of nearly 100 high quality Equity Closed End Funds allows you to own all these companies and pays 95% of net earnings to shareholders at a current yield (after all expenses) of nearly 10%.
Hmmmm... what's in your wallet!?!
https://www.skool.com/rms-income-investing-community-2827/about?ref=aea4d531723f40989f5d4a948d4e2857
More By This Author:
Top Strategies For Building A Profitable, Income-Driven Retirement Plan
High Tax Bracket Woes? 7% Tax Free In Muni CEFs
Full Confidence Ahead
Comments
Log in or sign up to join the conversation.