Basics and Terms
High Yield 8% Returns at 68 Years Old…
In 2004, at age 58, doctors told legal representative Jane Freeman that her pneumonia had caused brain damage and that she’d never be capable to force or balance a checkbook again, let by you practice law. So after 43 years in Colorado she was forced into an early retreat and moved to “God’s waiting room” Florida.
She has been able to invest over over 3 Million with an 8% Return.
Freeman went to work learning about investing online at a variety of websites, counting message board Valueforum.com. Her goal was to be able to supply at least $100,000 per year in income, without having to eat into her major. In the present day her brokerage accounts stand at $3 million, she takes two vacations a year and is already prepaying for two of her six grandchildren’s college educations.
Freeman spends almost all of her time researching high-yielding extra stocks that will pay her at least 6%, plus have a history of reliable dividends and forecasts of increases. She focuses on 20 stocks, and a third of her holdings are concentrated in the dividend-friendly stocks of companies controlled by Norwegian shipping billionaire John Fredriksen (Freeman is also of Norwegian descent).
Infrequently she wakes at 3 a.m., when the Norwegian stock market opens, to read Norwegian newspapers, visit shipping site Tradewinds and do some research before the trading day begins.
Despite oil’s decline Freeman likes pipeline MLP venture Products Partners (EPD, 37). It’s been her most lucrative MLP, and although the dividend is now 4%, down from 8%, it has never missed a payout, and she’s holding on. Williams Partners (WPZ, 50) is another natural gas MLP she likes. It has a 7% dividend yield and a growing presence in the lucrative Marcellus Shale.
