The $6.5-Trillion “Cash Wave” That Could Fund Your Retirement
October 01, 2024 at 05:00 AM EDT
Right now, there’s $6.5 trillion in cash sitting on the sidelines—and a big slice of it is about to drop straight into a select group of dividend stocks. We’re going to “front run” that cash wave today—and set ourselves up for income (I’m talking 6%+ yields here) and gains as this cash wave starts to build. In a sec, I’ll name two dividend-payers sitting right in the path of this freed-up cash. One is a true “dividend unicorn,” shelling out an outsized 6% payout that grows . The other has doubled its dividend in just the last five years. Our $6.5-Trillion Dividend Plan Let’s start by breaking down that $6.5 trillion figure: It’s the amount of cash in parked money-market funds today.… Read more