‘The question of whether [interest rates] should be reduced further has to be on the table…’
That’s from Glenn Stevens, Governor of the Reserve Bank of Australia.
He dropped that little nugget while presenting to the American Australian Association last month in New York.
Two weeks later he cut interest rates by a further 0.25% to just 2%… the lowest watermark for Australian interest rates in 50 years.
Mortgage holders met the news with a cheer — they’ll save $60 per month on the average $400,000 home loan.
But if you’re relying on savings for income it’s a different story entirely…
That 0.25% cut means you’ve copped an unwelcomed 10% pay cut. It’s the second cut of its size since February this year.
Only three years ago $100,000 parked in a savings account would have paid you $5,000 in interest.
Now, you’ll be lucky to collect $2,000 on the same amount of money.
So, how do you escape the clutches of the interest rate income trap?
That’s where our resident income expert Matt Hibbard comes in…
In this brand new Money Morning report titled ‘The Five Golden Rules to Successful Dividend Investing’, Matt reveals how you can instantly create multiple streams of stable, reliable income. How? By adding some of Australia’s most successful, dividend paying companies to your portfolio. Plus, he shares the five crucial rules you MUST follow to select the right type of dividend stock.
If you’re sick and tired of seeing your income evaporate on the whims of Glenn Stevens and the Reserve Bank then you need to download Matt’s new report — without hesitation — today.
Inside you’ll discover:
- Why you should use the ‘Buffett’ approach to buying dividend stocks: Warren Buffett isn’t the richest investor on the back of sheer luck. The Oracle of Omaha KNOWS how to uncover stocks that pays ever–increasing income, year after year. You should follow his lead. On page 5 in his special report, Matt shares the stock picking secret that’s responsible for Buffett’s five decade reign as the world’s leading income investor.
- The real reason why General Electric’s stock price grew 4,700% in 19 years: A good management team is like rocket fuel for stock prices and big, fat dividends. Under Jack Welch, GE’s stock price grew 5,096% — including dividends! Learn Matt’s secrets for spotting good management and how to uncover duds.
- How to avoid the ‘yield trap’: A 10% dividend seems pretty appealing, right? Well, don’t get too excited. As you’ll soon see, a stock with an unusually high dividend yield could be bad news. Matt reveals a quick and easy two–step process to avoid these dangerous ‘yield trap’ stocks.
Simply put your email address in the space below, and hit ‘Send my free report’. You’ll get a free subscription to Australia’s biggest daily financial email, Money Morning, and we’ll immediately send your free report, ‘The Five Golden Rules to Successful Dividend Investing’.
How Money Morning can make you a better, savvier investor
Money Morning is Australia's most outspoken financial newsletter. From exciting small-caps to the evolving concept of money, it highlights the news stories that could have a HUGE impact on your wealth. Whether your aim is to grow your nest egg, identify the next batch of super-stocks, or just make sense of how markets actually work, Money Morning exists to serve as your trusted companion.
Led by former wealth manager Ryan Dinse in Melbourne, Money Morning provides in-depth coverage on a wide range of financial instruments including stocks, commodities, precious metals, and cryptocurrencies. By subscribing you will also gain a deeper understanding of macroeconomic trends and the impact of geopolitical events on both Australian and international exchanges.
Not everyone agrees with us, but we can promise that you will encounter unique, honest — and sometimes controversial — commentary rarely found in the mainstream media. Together, Ryan Dinse, Ryan Clarkson-Ledward, Murray Dawes, Lachlann Tierney, and the Money Morning team bring you common-sense, thought-provoking arguments that you can’t find anywhere else.
Join over 50,000+ loyal subscribers today to experience Money Morning for yourself!
No-spam pledge: We will NEVER rent, sell or give away your email address to anyone for any reason. You can unsubscribe from Money Morning anytime, in a few clicks, if you decide you no longer wish to receive it.
All advice is general advice and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
Calculating Your Future Returns: The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in this report are forecasts and may not be a reliable indicator of future results. Any potential gains in this do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency.