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Two simple yet important things set Main Street apart: 1.The firm increases its investment income annually, and 2.It pays a conservative dividend so that it never has to cut it. Since its IPO in 2007, Main Street has boosted its dividend (which is paid monthly) a lovely 77%. It’s never been cut. The company smartly keeps a buffer and pays out extra
... See moreTom Jacobs • How to Retire on Dividends: Earn a Safe 8%, Leave Your Principal Intact

The Intelligent Investor, Rev. Ed (Collins Business Essentials)
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And today, DoubleLine Income Solutions is still offering a 9.7% yield net of fees. That’s an unbelievable payout in today’s world.
Tom Jacobs • How to Retire on Dividends: Earn a Safe 8%, Leave Your Principal Intact
The preferred ETFs, Invesco Preferred and iShares US Preferred, yield 5.8% and 6.1%, respectively, and trade roughly at their “par” value, which means we’re paying $1 for $1 in preferred shares. Meanwhile, Nuveen Preferred & Income Securities Fund (JPS), a CEF, yields more (7.5%) and trades for just 96 cents on the dollar! Plus, it has the bene
... See moreTom Jacobs • How to Retire on Dividends: Earn a Safe 8%, Leave Your Principal Intact
As you can probably infer, dividend growth is the key. And if we had decades to build our wealth, we could assemble a portfolio of high-quality dividend growers and let them compound us to riches. But we income-focused investors have a greater sense of urgency. We need yield today in addition to upside tomorrow. There’s a reason we chose Medical Pr
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