Back in June 2014…
Ronald Reid’s family discovered something shocking when he died.
He had a cool $8 million fortune.
It was the last thing you’d expect from a man who drove a second-hand Toyota Yaris and had a career as a janitor and gas station attendant.
How did he do it?
Not only did he save diligently…
But he made good use of Warren Buffett’s sage advice of “the stock market is a device for transferring money from the impatient to the patient.”
Needless to say…
He was the patient one by simply buying well-known stocks such as Procter & Gamble (NYSE: PG), JPMorgan (NYSE: JPM) and Johnson & Johnson (NYSE: JNJ).
Many of these companies had one thing in common: They increased their dividends every year for decades after he bought them.
In other words, he made income the core part of his investment strategy – which is exactly what I’m urging investors to do right now.
As you know…
Higher rates mean higher income from every investment.
Meaning, you can buy high-yield income investments at a cheap valuation – creating an almost perfect set up for huge profits in the coming months for you.
This gives you the power to make money in two ways:
- Earn high yields on your cash investment today, and…
- Capitalize with long-term capital gains as asset prices rise
And that’s why I’m doing two very important things right now.
The first one is looking to BUY income plays that are paying big, fat and even monthly yields of up to 15% (with the potential for another 20% – 30% in capital gains)…