Quote:
Originally Posted by coralway
IMO, you are much better off with some monthly dividend paying securities. I get 9 dividend checks every month, direct deposited. There are quite a few really good monthly yields available. There are also quite a few very good quarterly yields available.
|
That’s been true for the last 10 years but if the economy is going to tank like 2097/2008, you will see companies stop paying dividends. Most dividends are in the 2-3.5% bracket, so with the risk of stocks/funds going way down later this year, MM funds that pay 4-5% with no risk is a no-brainer