How to Keep Getting Paychecks Every Month
(Even When You’re Retired)
Income investing is not the slam dunk it used to be.
But there are still ways to make reliable returns in today’s frothy markets.
Read on, and I’ll show you a simple, easy-to-follow plan that can provide you with steady income, month after month after month…
Dear Concerned Investor,
Just as the 9/11 WTC attacks changed American society forever, the financial crash of 2008 radically transformed the US investment landscape.
Formerly solid investments that paid a good yield you could live on – CDs, money market accounts, and Treasury bills – are now dead in the water. And former savers and income investors are increasingly being forced into riskier investments in order to get a decent gain… or worse, into spending their principal just to get by.
The new realities of income investing are scary to many. Though in hindsight, I’ve come to view this change in a positive light – because it teaches us to take matters into our own hands and become more self-directed.
And there are still ways to make a livable income, even if you’re not working anymore, while at the same time minimizing your risk..
I’ll tell you all about them in a moment, but let me introduce myself first…
Dennis Miller, Crash Survivor
My name is Dennis Miller, and I’m 73 years old. For nearly 40 years, I was a sales and marketing coach, working firsthand with clients such as GE, Siemens, HP, Shell, and dozens of other Fortune 500 companies.
I always prided myself in making sound investment decisions, and I managed my own and my extended family’s money in a way that was certain to return enough to comfortably sustain us in our “golden years.”
That sound money management included blue-chip stocks and mutual funds as well as high-yield CDs that at the time earned a 6-7% yield. As far as I was concerned, we were set for life.
You can imagine my shock when the crash of 2008 hit and the banks started calling in my high-yield CDs, offering to replace them with new ones generating a paltry 1-2%.
There was no way my wife and I could live on those returns – with annual inflation at about 2%, there’d be nothing left. (And 2% is just what the government admits to; real inflation is more in the 8-9% range.)
I realized that I’d have to become much more proactive if I wanted any kind of life after work – and that I could no longer count on what had worked for me in the past.
So I set out to devise a crisis-proof strategy for myself and other conservative investors that would provide steady, dependable income – even for those people who weren’t working anymore.
That’s how my monthly newsletter, Miller’s Money Forever, came into being – and today I’m working with a whole team of financial experts to bring my subscribers low-risk, high-yielding investments and in-depth analysis they can rely on.
The cornerstones of my strategy are diversification and long-term stability.
I don’t know about you, but I don’t trust the stock market. So if you don’t want to risk losing your nest egg in a sudden downturn, diversification between different investment sectors and asset classes is absolutely crucial.
That’s why among the 21 investments currently in the Money Forever portfolio, you’ll find a beverage manufacturer, a pharmaceutical company, a precious-metals major, a food producer, an Internet giant, several exchange-traded funds (ETFs), foreign-currency CDs, and more.
As for the long-term stability factor, most folks like me – in other words, the readers of Money Forever – aren't day traders, and most of us don’t need that kind of pressure in our lives.
While there’s no such thing as a "buy and forget" investment anymore, the Money Forever team and I focus on stable companies with great P/E ratios, growing revenue, and excellent prospects for the future.
Those kinds of companies are at the heart of the simple strategy I want to talk to you about today – a strategy that can provide you with the kind of income you need to truly enjoy the "third half" of your life without fear.
I call it my "Monthly Paycheck Plan."
So far, that strategy has already helped thousands of investors who worried that they might outlive their money.
It’s the type of investment that provides inflation-beating returns – plus monthly “paychecks” you can rely on throughout the year for income – and you’ll be able to work it into your own investment plan right away.
To make it as easy to implement as possible, I put together a comprehensive manual called Money Every Month, filled with tons of actionable advice and my 9 top choices for steady "monthly paycheck" investments. That report can be yours free today.
I want you to have this report because I think right now investors need all the help they can get – after all, the odds are sure stacked against us…
The US Government’s
Money Mismanagement Hurts Us All
Hands-on approach to investing…
"A common problem for all people nearing [retirement] or actually retired is the worry about one’s income keeping up with inflation. The realization that one needs a ’hands-on’ approach to investing his/her funds is a must in this economic climate.
"The practical articles and commonsense reasoning employed by Dennis and his staff are easy to understand and implement. Kudos to all."
(from a Miller’s Money Forever subscriber in a recent survey)
You and I know – and probably taught our children and grandchildren – that there’s no free lunch.
Thanks to Uncle Sam’s pathological spending spree – an addiction that has to be financed somehow – Americans are facing higher and higher taxes over the next decade. (In 2013 alone, the average household will pay almost $3,500 more in taxes than the previous year.)
Also, since Washington must pay massive interest on the national debt, the Federal Reserve is keeping interest rates artificially low – punishing those of us who uphold such old-fashioned virtues as hard work, thrift, and saving.
And things may only be getting worse in the near future (though I do believe they’ll get better in the long run).
- According to AARP, policy makers are debating a new "cost of living adjustment" that would lead to an 8.4% reduction in benefits for older Social Security recipients.
- Last year Congress tossed around the idea to have the US government manage Americans’ retirement accounts. Euphemistically named "Retirement USA," that initiative could well be the first step toward a mandatory nationalization of 401(k)s and IRAs – a move we’ve seen before by desperate governments in countries like Hungary and Argentina.
- Inflation is eating away at the dollar’s purchasing power, one dollar at a time. The inflation rate, officially only about 1%, is really about 8-9% if you use the old, untampered-with government accounting methods of the 1970s. For those who are living on a fixed income, this is especially devastating.
But no matter what life – or the government – throws at you, you can still come out on top.
That’s why I want you to have my special report, Money Every Month, because it shows you concrete ways to profit from low-risk, high-yield investments.
You can get it free today if you agree to test my newsletter, Money Forever, for 90 days, at absolutely no risk to you.
I’ll explain in a moment. But first, without further ado, let me tell you about my "monthly paycheck" strategy that will provide you with reliable income month after month…
How to Make Money Every Month
Even After You Stop Working
Take a close look at this calendar.
These are the approximate dates you will receive your monthly "paychecks" this year if you follow the simple plan I outline below.
How big will your paychecks be?
Well, that depends on you.
For example, Yves C. from Chicago received $1,801.27 last August…
Clark R. (from Naples, FL) earned more… cashing in $5,325.54 in October.
And Vincent S. from Allentown, PA, had a more modest payday in June, to the tune of $552.96.
The thing you have to realize here is that these aren’t ordinary paychecks – neither Yves, Clark, nor Vincent had to go back to work to get them.
And they aren’t Social Security checks either.
These are the monthly "paychecks" your money will earn for you once you put it to work in the best possible way.
How will this be accomplished? By investing in a special class of ultra-safe dividend stocks… and by doing so in a very precise manner.
(If you’re worried about the stock market, I can relate; I am too. That’s why I specify ultra-safe here and why I recommend that you never put more than 1% of your portfolio at risk. I explain how to do this, too. This gives you maximum upside potential with next to zero downside risk.)
To make sure you’re only investing in top-quality, high-yield dividend payers, my team of analysts and I have screened over 7,800 stocks and selected the best in terms of yield and safety.
In fact, out of the 7,800 stocks we evaluated, only 96 made the cut.
We tossed out Apple, for example, even though it recently started paying a dividend (its 2.8% yield was too low for our purposes).
Now, 96 stocks is still a lot to choose from, so in my special report, Money Every Month, I’ll give you in-depth descriptions of my top 9 candidates – truly outstanding companies with solid fundamentals, growing revenue, and stable, high dividends. I’ll also tell you how much they pay and when you should expect your "paychecks."
Here are three of them…
3 Gifts for Your Portfolio
That Keep On Giving
Here’s a short overview of our first three "paycheck" superstars:
- Dividend Payer #1 is actually older than the US itself (it opened its doors for business in 1760), but chances are you’ve never heard of it. That’s a shame, because this company is currently yielding a healthy 5.03%, paying out 70-75% of its earnings each quarter to its stockholders.
(NOTE: That’s the beauty of solid dividend-paying stocks – Dividend Payer #1 rewarded its shareholders with a 200% stock dividend "Christmas bonus" last December. It’s not unusual for good companies to give out extra paychecks, and there’s a good chance that Dividend Payer #1 may send out another one later this year.)
How much can you earn?
Let’s do some quick math with Dividend Payer #2 and see how big your paychecks could be…
If you put $25,000 of your portfolio to work here (that’s just an example – it could be more, could be less), you would receive $1,837.49 over the next year, based on the company’s current payouts.
Since it pays quarterly, that means four paychecks of about $459 each, timed every 3 months. Not too shabby.(For comparison’s sake, the same money "working" in a 1.3% CD – the absolute best 5-year CD I could find in my online brokerage – would only give you $325 in 2013… and you’d only receive one paycheck!)
- Dividend Payer #2 pays a sturdy 7.35%. This behemoth sells a product everybody needs (cheap energy) and does $33 billion in annual sales over 47 states, the District of Columbia, and Canada. In other words, this isn’t some fly-by-night operation offering high yield just to attract the interest of investors; it’s a legitimate play that should pay off for you for years to come.
- Dividend Payer #3 "only" pays a modest 3.24% yield but is still one of my all-time favorite stocks (and 3.24% is still 9.5 times higher than what a 3-year Treasury pays right now, which is a pathetic 0.34%).
Why do I love this stock so much? Because it’s a great pick for just about any portfolio. The non-cyclical nature of this company means that whether the economy starts booming again… or keeps lagging… these dividends will still go out like clockwork (in fact, Dividend Payer #3 has not missed a single payment since 1899, meaning it has sailed through two world wars, the Great Depression, and the latest crisis without missing a beat).
You’ll find detailed descriptions – including names and ticker symbols – of my 9 top "Paycheck" companies in your special report, Money Every Month, plus the complete list of 96 stocks that made the cut in our analysis. The report also lays out my easy-to-follow strategy on how to get paid every single month.
And for an even simpler strategy, I reveal on pages 14-15 in Money Every Month the best ETFs you can buy that pay out on a monthly basis (in my opinion, there are only two you should consider).
This special report is yours free with a no-risk trial of my monthly newsletter, Miller’s Money Forever.
Miller’s Money Forever –
Your Guide to Retirement Safety
While I just finished outlining a simple retirement income plan based on dividend-paying stocks, my monthly newsletter, Miller’s Money Forever, goes far beyond that.
In fact, my personal philosophy as an investor—and my goal as your retirement guide – is to find high-yield opportunities, diversified over the best asset classes and investment sectors.
For example, one of the investments in the Miller’s Money Forever portfolio is a low-risk bond that yields 5.1%.
I’m also going to share with you my three favorite "outside the box, outside the market" investment ideas.
What subscribers say about Miller’s Money Forever
"I really enjoy Money Forever and Dennis’ weekly messages. Keep up the good work. As an almost-retiree, I really appreciate his tips and wisdom."
"Helpful, rational approach to creating and increasing income for retirement."
"Brings answers that are well balanced and to the point. Also encourages us to be our best advocate, something that I personally have the bad habit to delegate..."
There’s More Than One Way to Skin a Cat
While the stocks in our portfolio are selected primarily based on their dividend yield, capital appreciation is important as well. (For example, one of our holdings only yields 1% right now, but its stock price has climbed 21% since we first made our recommendation.)
Bottom line: Miller’s Money Forever is not a one-trick pony. My team of analysts and I use a variety of strategies – all aimed at healthy diversification of your portfolio, and growing your nest egg without taking on an undue amount of risk.
But it’s not just all stock recommendations. Here are some topics we covered in recent Miller’s Money Forever issues:
- Are annuities all they’re cracked up to be? The real deal about fixed- and variable-rate annuities: Are they worth the money? Is one type better than the other? Are they a good investment for retirees?
- How to hedge healthcare costs. Healthcare expenditures have risen 9.9% in the last two years and show no sign of stopping. But there’s a little-known "health hedge" strategy that lets you cover these costs, no matter how high they may rise in the future.
- How to never put more than 1% of your portfolio at risk. Your percentage may be slightly different, but I share my "20/5 strategy" that ensures you never risk losing more than 1% of your portfolio at a time. (I wouldn’t even consider the market right now without this strategy.)
- Worried about the greenback? Do this… If Washington’s rising pile of debt has got you concerned, there’s a simple way to diversify out of the dollar without turning to forex, buying gold, or shorting stocks.
In each issue of Miller’s Money Forever,you will find our model portfolio, which currently includes more than a dozen solid income-producing investments you can choose from.
You’ll also find one recommendation we’re holding on to for its pure growth prospects. (In fact, this play recently paid off big time for my readers… moving up 39.88% in a matter of days. However, I am NOT selling my stake in this stock, because it still has a lot further to climb.)
But this is not our only winner. Right now, Money Forever subscribers are sitting on gains like…
Each issue of Miller’s Money Forever also includes specific buy/sell recommendations, as well as my personal answers to questions I receive from my readers.
In other words, every month you’re getting a real-time retirement playbook – the exact strategy that’s best for your money no matter what Washington or Wall Street have up their sleeves. That includes getting monthly income from bonds, safe dividend stocks, and alternative investments your broker isn’t telling you about… as well as targeting a few very strong appreciation plays.
And you can get all this today at a very special rate…
Try Miller’s Money Forever
Today – and Save 50%
A one-year subscription to Miller’s Money Forever is normally $199… and my colleagues are telling me that is still a steal.
But if you act now, you can become a subscriber for just $99 – a 50% savings.
(This is not some lowball teaser rate: Your discounted rate will be locked in for as long as you remain a subscriber.)
There’s no risk for you in trying Miller’s Money Forever…
Our 100% Satisfaction Guarantee
Makes Sure of It
Having satisfied subscribers is important to us here at Casey Research and our reputation as one of the most well-respected investment research firms in the US.
So our satisfaction guarantee is iron-clad:
You’ll have 90 days to evaluate Money Forever. If you don’t feel it’s right for you, just let us know, and we’ll refund every penny you paid, no questions asked. All newsletter issues and materials you’ve received will be yours to keep FREE.
Even if you cancel after the 90 days are up, you will still receive a prorated refund on the remainder of your subscription. Again, your special report and all issues you’ve received are yours to keep.
Getting started is easy. Just click below to start your 90-day trial of Money Forever, and to get instant access to your special report, Money Every Month.
But there’s one more thing I’d like to give you as a free thank-you gift for trying Money Forever today…
How It All Started
Personally, I love to hear other people’s experiences and the lessons they learned from them. It greatly helps me navigate my own challenges and lets me learn from others’ mistakes, instead of having to repeat them myself.
Retirement Reboot, an easy-to-read 138-page e-book, tells the story of my personal path to financial safety. In it, you’ll also get all the details on my "Miller’s Investment Pyramid," a three-layer approach to prudent investing.
Other important topics I cover in Retirement Reboot:
A retirement savings savior…
"I’ve recently purchased your book Retirement Reboot and all I can say is how I wish I’d done so sooner. I’ve never related so much to a book on money and investing with a good deal of appreciation and awe. … Thanks Dennis, so much! You’re a retirement savings saviour!"
- The #1 mistake most people make when reading investment newsletters (I should know: I once made this costly mistake)
- Who should manage your portfolio – you, using a "DIY" approach… or a broker? This will likely be the single most important investment decision you’ll ever make… so best make it a wise one
- Inflation – 9 specific investments that will protect you… and I also discuss whether or not it will get as bad as it was in the Jimmy Carter years
- The safe 6% bond (with a twist) that’s in my own portfolio and that you’ll probably want to add to your portfolio, too
- Legal ways to protect your wealth from the claws of the Washington tax tyrants (I must emphasize legal here – although I may not agree with all the government’s policies, I always abide by its rules)
- The dumbest way to buy stocks
- How to "baby step" your way into implementing these new investment strategies in your IRA or 401(k).
You get Retirement Reboot – a $19 value – absolutely FREE with your no-risk trial of Miller’s Money Forever.
A Quick Recap of All You
Get with Your Subscription:
- The Money Every Month special report with an in-depth description of our 9 top dividend-payers… PLUS all 96 stocks that made it onto our list… PLUS my easy-to-follow strategy how to get a reliable monthly stream of dividend income. This report will show you exactly which stocks to buy, what they pay, and when you should expect your payments.
- 12 monthly issues of Miller’s Money Forever, delivered right to your inbox
- Free access to all archived issues
- Regular, detailed updates on all our retirement income investments (including email updates between issues for any changes in our recommendations)
- The book that started it all, Retirement Reboot, in an easy-to-read e-book format
Remember, there is absolutely no risk in trying Miller’s Money Forever: you have a full 90 days to decide if it’s right for you, and you are free to cancel at ANY time – for a full refund within 90 days, or for a prorated refund after the trial period is up.
All the materials, including the Money Every Month report, my book Retirement Reboot, and all newsletter issues you’ve received are yours to keep, no matter what.
Get started by clicking below.
Editor, Miller’s Money Forever
P.S. As a valued Money Forever subscriber, you’re also entitled to receive Miller’s Money Weekly, a weekly e-letter filled with extra tips on retiring in comfort and saving money without sacrificing.