This ‘off-the-record’ income lets you finally live the retirement you deserve

How to Climb The Money Ladder Unsubscribe This 'off-the-record' income lets you finally live the retirement you deserve You won't find financial gurus raving all over the internet about it… its ticker isn't going to be splashed across the nightly news. And if you were to ask your advisor to make this income play, he'd probably look at you funny… On the surface, this stock looks like a flop… with a listed yield just north of 2%. Dig a little deeper and you'll find a cash cow generating 'off-the-record' dividends 8X, 14X, even 28 times larger than what is officially listed. How to Climb The Money Ladder By Scott Chan   For many investors, especially retired ones, capital preservation and steady income generation are important goals. In the fixed-income asset category, certificates of deposits (CDs) are considered among the safest investments. Although they don't offer high yields, they're insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250,000 per depositor, per FDIC-insured bank, per ownership category. The downside to purchasing CDs is that you lock up your money until the expiration of the CD. If you withdraw early, you will have to pay a penalty. So before buying a CD you should think about how much money you may need in the foreseeable future. One way to take advantage of the safety of CDs while still staying flexible is to use a strategy called laddering. Stay Flexible Laddering means that instead of putting a big chunk of cash into a single CD, you divide the money into smaller parts and buy multiple CDs with different maturity dates. Let's say it's August and you have $9,000 in idle cash that you don't want to risk in the stock or bond markets, so you are thinking about buying a CD. You are thinking of buying a six-month CD that matures in January, but you think there's a chance you may need some extra cash in the next few months. Instead of locking up the entire $9,000 for half a year, you could divide that $9,000 into three $3,000 increments and buy three different CDs. You could buy CDs expiring in September, November, and January. The first CD will mature in two months in September, freeing up $3,000. If you want to, you could reinvest the money into another CD with March expiration. When the second CD matures in November, you could also reinvest that money into a May CD. Rinse and repeat for as long as you want and you will always have $3,000 available in no more than two months and all $9,000 will be available in no more than six months. (Note that to keep things simple, in the example I ignored the CD interest. If you prefer you could reinvest the interest as well and compound your return.) Read More... One income trick to avoid getting burned by the market Why do 70% of investors get BURNED when buying options… while a few use options to get wildly rich? The answer is pretty simple: There's one "trick", often hidden from the average trader… understand how it works, and you'll put yourself lightyears ahead most investors. This simple trick has handed one small group of investors the opportunity to make an extra $185 per day (on average). To see how it works, click here for a "no BS" video presentation. You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today. Terms   |   Privacy   |  Unsubscribe   |   About Us    ©2024  Investing Daily 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.