Skip the Blue Chip Cheapskates and Snag 8% Yield Instead

When it comes to low-risk, dividend investing, many investors prefer dominant megacaps like Johnson & Johnson (JNJ) , Apple (AAPL) or Microsoft (MSFT) . That’s mostly because they subscribe to the notion that these stable corporations will be here many years from now. That may be true. However, stability alone doesn’t count for much. A good dividend stock has to have… well, good dividends. And the sad reality is this trio of big-name stocks offers a meager dividend that averages less than 1.5%. That’s just table scraps. Just consider that recent survey results show that Americans on average think they need $1.25 million to retire comfortably… But even with that substantial nest egg, you would generate just $18,750 if you invested in these three stocks.… Read more