Need Income? Boring High Dividend Stocks Are Your Best Bet

Seeking AlphaDividend IdeasNeed Income? Boring High Dividend Stocks Are Your Best BetDec. 19, 2020 9:35 AM ET|| Includes: AM, AQN, AQNA, AQNB, AY, CEQP, CEQP.PRby: Rida MorwaRida Morwa High Dividend OpportunitiesThe #1 Service for Income Investors and Retirees, 9-10% dividend yield.SummaryBoring. Reliable. Steady. The kind of income that creates wealth.
Don't get caught up in the flashy and exciting when wealth creation takes time and effort.
Your investment horizon needs to keep the horizon in view.
Co-produced with Treading Softly
When I was a child, one of my favorite times to attend my local church was free hamburger day. The church would send out waves of yellow buses into the local community to pick up children and bring them to church.

Before sending them all home, every child would get a free hamburger. I loved it. They historically would give out Fast Eddie's 5-cent burgers. My taste in burgers has since become more refined, but the happy memories remain to this day.
The church leaders knew something so simple as offering a free hamburger to local kids would bring them in droves. The days of local churches operating large bus operations have largely come to an end as parents are less trusting of sending their kids off on a bus without them.
Today churches and other organizations will try to set up flashy, elaborate events to draw in crowds, but often the simple appeal of free food will work just as well.
Creating Wealth Is Truly Simple
What never ceases to amaze me is how so many try to generate wealth and riches through exciting steps and flashy events. Historical wealth generation to create lasting multi-generational wealth is extremely simple. You make your assets (Static Wealth) generate income (Functional Wealth) that exceeds your expenses and that is reinvested to generate more income. You don't need to be rich to become wealthy. Likewise, you're not instantly wealthy if you're rich.
However, being wealthy can and... Read more