Originally posted by: Knightsman
Originally posted by: alrocky
18% a year? What mutual fund is that?Originally posted by: thomsbrain
I've been messing around with this, but am really looking at long-term stuff. One cool mutual fund I have focuses on dividend payments, to the tune of 18% a year, which a decent return for any stock/fund. Granted, it's not a "high flyer," but you get monthly dividend payments that could eventually be a source of retirement income, and the price is pretty stable. When it's down a bit, you just get to buy more shares with your dividend payments.
Yeah I agree.. what fund is that delivers 18% income. Pretty much all funds delivered 18% last year and the year before.... but those werent income funds. Income funds I thought average about 8%.
If there was any fund that delivered 18% I would just put my money in there and sleep well and save a lot of time analyzing and picking stocks.
It's got to be an REIT basket that is required to pay out big dividends.