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This was in my feed this morning, [https://finance.yahoo.com/news/500k-retirement-portfolio-pays-7-145543904.html](https://finance.yahoo.com/news/500k-retirement-portfolio-pays-7-145543904.html)
Basically it's luring with a possible 18.5% yield. Being the lay person I am, I usually just heed my grandmother's advice (she grew up in the Great Depression). "If something sounds to good to be true, it is."
So, is it? Is it even remotely possible to get 18.5%, $7,700 per month, with acceptable risk... without essentially paying yourself from your own funds, rapidly bleeding your critical life savings, while also enriching whomever is managing those types of funds? How are they making money? How are you earning returns, actual returns, as in watching investments truly grow while also earning dividends?
I'm a simple person here. These things are not my profession. My profession is in watching all the wealth I created go to the top people, while they offshore my job over and over, and I rebuild from $0, over and over, and over... and over again. So, at this point, the most I know about compounding and returns is that when you lose your job once, decades ago, those losses compound as well, negatively. When you lose it twice, it gets worse, 3 times, you're in trouble, and 4 times spells ruin. Which means I cast serious doubt on luring articles and advice like this, as I've become skeptical and cynical of ALL things related to fund managers and fund management companies and bankers and the whole lot of them. I DO NOT think they are interested in helping the working class.
But, if I'm wrong, and there is something good in this, please clarify for those of us not in the profession of handling people's critical life savings. How does this all work?