1) The current consolidated dividend yield of the 50 stocks in the portfolio (as of May 27, 2023) is 13.66%, which makes it the highest-yielding dividend income fund in the world. To qualify as a dividend income fund, the classic definition of a dividend is the standard used in the comparisons, which is simply a distribution from profits by a company to its shareholders.
2) All the stocks in the portfolio are Regulated Investment Companies (RICs). RICs are legally required to distribute at least 90% of their earnings to shareholders. Another advantage of RICs is they're exempt from paying corporate income taxes, enabling them to pass more of their earnings on to shareholders.
3) All the stocks in the portfolio can be held in tax-deferred accounts such as 401Ks and IRAs. To avoid complicated K1s there are no Master Limited Partnerships (MLPs) in the portfolio. If held in a tax-deferred account, dividends generated within the account are also tax-deferred. To buy stocks within a tax-deferred account all that's required is a brokerage link within the account.
4) A subscription to Fly High Investing costs as little as $39. Most advisors charge hundreds, and some charge thousands of dollars to build and manage a portfolio. Most actively managed funds charge expensive management fees, which increase with the value of your portfolio. Since you manage your own portfolio, you could potentially save thousands of dollars in fees every year. If you want to save expensive management fees and continue reading about the benefits of subscribing to Fly High Investing, click on the "Become a Subscriber" button below.
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