This Quick Pivot Could Boost Your Dividends 20%+ in 2021

With 2020 coming to a (merciful) close, it’s a good time to take a moment to cast an eye over our dividend portfolios. One thing to pay particular attention to: the amount of cash you’re holding. Because if you’re like many investors I’ve talked to recently, you’re holding too much of it—and that can cause a steady wealth drain that bleeds away thousands in returns every year! Taking Money Off the Table—at Exactly the Wrong Time Of course, having a healthy cash cushion is always a good thing. The trouble for most folks, though, is that they’ve been growing the amount of cash they have outside the market just as stocks have taken off.… Read more