First time poster. Our monthly expenses are about $3600, which is covered by my wages.
I have enough ATT and Bristol Meyer Squibb to generate about 29K a year in dividends which I put back to work as more T or BMY shares.
I have 400K cash earning 5% or $20K. We now earn enough to meet our expenses, but I’d like to do better with my cash position.
I have some ideas of where to invest, but I’d like some recommendations of 5%+ dividend payers that aren’t REITs, are not BDCs, don’t issue a K-1, won’t get clobbered by foreign taxes ( I’m American), and are not recommended by Rida on Seeking Alpha, is not a “sin stock” like Tobacco, and actually have a chance of mild dividend growth annually and some capital appreciation.
I’d like to LEAN FIRE in the next few years.
Any suggestions? Thanks!
Submitted August 25, 2024 at 01:38AM by Commodore64__ https://ift.tt/snH96MI
