2024年1月26日星期五

The Best Ways to Earn Income NOW

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AN OXFORD CLUB PUBLICATION

 
Wealthy Retirement

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Claim Your FREE Ultimate Dividend Package

Ultimate Dividend Package

Today, you can claim the Ultimate Dividend Package...

For FREE. (No credit card required!)

Inside, Marc Lichtenfeld - bestselling author of Get Rich with Dividends and world-renowned income expert - is giving away his top five dividend picks.

Click here to get the names and ticker symbols of the top dividend stocks in the market!

Editor's Note: We're looking at the best time in decades to invest in oil and gas royalties.

According to the U.S. Energy Information Administration, the Permian Basin will drive U.S. oil production to record highs in 2023 and 2024.

And you can get your share of this growth today.

Chief Income Strategist Marc Lichtenfeld's #1 royalty stream in the Permian has no debt and pays out a chunk of its income to investors each and every month.

Best of all, you can own a piece of this royalty stream for just $25.

It's one of the greatest income opportunities in the market. That's why Marc wants to share his presentation with you right away.

Check it out now.

- Rachel Gearhart, Associate Publisher

Where to Put Cash Now

Marc Lichtenfeld, Chief Income Strategist, The Oxford Club

Marc Lichtenfeld

Inflation is surging, and the Fed is raising rates in response. But the Fed isn't raising them fast enough. That's a double whammy for savers. It means not only that inflation will continue to climb but also that savers aren't getting much return on their cash.

The average money market rate is a disgustingly low 0.08%. At that rate, you might as well bury your money in your backyard. I'm kidding, of course (sort of).

The days of earning an annualized 4% yield in your savings or money market accounts are relics as ancient as fax machines and cassettes.

You have to work harder than ever to earn any kind of yield. Here are a few ideas to help you eke out a few more dollars with your short-term funds...

Series I Savings Bonds

This is hands down my favorite short-term, ultra-safe place to put cash right now.

Series I savings bonds adjust their interest rate based on inflation. Their rate changes every six months.

It's important to note that your money will be locked up for one year. You cannot take it out. After one year, you can sell anytime you want, though you'll give up three months' worth of interest if you sell before five years. Even with a three-month penalty, you'll earn more than you would in any other safe investment.

Like a Treasury, it's backed by the full faith and credit of the U.S. government.

You can buy these bonds only through TreasuryDirect, the U.S. Department of Treasury's website.

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Treasury Bills

If you need access to your funds before one year, you can buy Treasury bills, also known as T-bills.

You can buy them through your broker or through TreasuryDirect.

The average long-term yield for a four-week T-bill is 1.17%. That said, it's been above 3% since October 2022.

Savings Accounts

If you need even more liquidity, one of the highest-yielding savings account in the U.S. currently belongs to Bread Financial, whose Bread Savings high-yield savings account yields 1.65% and can be opened with as little as $100.

Tax-Free Money Market Funds

If you're in a very high tax bracket, you may want to consider a money market fund that invests in tax-free municipal bonds. For example, the Vanguard Municipal Money Market Fund (VMSXX) yields between 1% and 2% annualized, tax-free. The price remains stable at $1, and Vanguard has extremely low fees.

Certificates of Deposit (CDs)

Forget about CDs for now. You'll make more on a Treasury. If your money is going to be locked up for a period of time (even a brief period), Treasurys are the way to go (unless it's for a year, then buy Series I savings bonds).

If your investing time horizon is longer, I strongly recommend investing in Perpetual Dividend Raisers - companies that raise their dividends every year. There are plenty of stocks that yield 4% or more today, but importantly, you'll earn more every year when these stocks raise their dividends.

(Click here to access my Ultimate Dividend Package... FOR FREE!)

But for short-term money, until the Fed meaningfully raises rates, savings rates will remain under pressure and it will be a challenge to keep up with inflation, except for with Series I savings bonds.

Good investing,

Marc

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Wow, Putin Just MAJORLY Screwed Up!

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Source: Wikimedia Commons

 

Vladimir Putin just made an idiotic mistake that will cost him dearly. It's going to drain trillions of dollars out of Russia... and potentially make some AMERICANS rich. What a bizarre story...

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