3 Reasons This 8.5% Yielding Blue-Chip Is A Rich Retirement Dream Stock

3 Reasons This 8.5% Yielding Blue-Chip Is A Rich Retirement Dream Stock

Posted On August 16, 2021 7:12 am

In our yield-starved world, retirees need safe income to pay expenses, but reaching for yield can be dangerous.

This blue-chip offers the safest high-yield on Wall Street, a mouth-watering 8.5% that’s expected to grow at the rate of inflation over time.

Analysts, bond investors, and credit rating agencies expect its business to be stable or growing for at least the next 30 years as it transitions to a green energy economy.

This 8.5% yielding blue-chip is 34% undervalued and a potentially excellent long-term rich retirement investment for anyone comfortable with its risk profile and K-1 tax form.

I’ve personally invested $141,000 and counting into this high-yield blue-chip across my retirement portfolios, because as Warren Buffett said, “when it’s raining gold, reach for a bucket, not a thimble.”

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About author

Dividend Sensei

I'm an Army veteran and former energy dividend writer for The Motley Fool. I'm a proud co-founder of Wide Moat Research, Dividend Kings, and the Intelligent Dividend Investor. My work can be found on Seeking Alpha, Dividend Kings, iREIT, and the Intelligent Dividend Investor. My goal is to help all people learn how to harness the awesome power of dividend growth investing to achieve their financial dreams and enrich their lives. With 24 years of investing experience, I've learned what works and more importantly, what doesn't, when it comes to building long-term wealth and income streams and achieving long-term financial goals.

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