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The Contrary Investing Report > NASDAQ:QQQ

It’s a tired piece of “wisdom” you hear from personal-finance gurus over and over: you need to invest in low-cost, passive index funds to get the highest return.

Too bad it’s completely false!

Today we’re going to look at how obsessing over fees can actually cost you tens of thousands of dollars. Then I’ll name a fund that could get you big gains and pays a dividend north of 6%. What’s more, this unusual fund, a closed-end fund (CEF), to be specific, gives you that steady cash payout while holding some of the biggest stocks out there—I’m talking about household tech names like Apple (AAPL) and Amazon.comRead more

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If you’ve been told it’s impossible to outperform low-cost index funds because the market’s too efficient, you’ve been misled.

The truth is, there are many funds that have been beating the stock market for years. And here’s something really surprising: there are more funds pulling off this feat now than there have been in a long time!

In fact, across ETFs, mutual funds and closed-end funds (CEFs), there are 3,594 funds that have beaten the S&P 500’s 24.3% return since the start of 2019.

So much for not beating the market!

That leads me straight into the two things I want to discuss with you today:

  1. Why now is still a great time to buy, even with stocks near all-time highs, and …
  2. Why you’ll give yourself better odds of beating the market, and grab far higher dividends, if you go with actively managed funds, particularly CEFs like the technology-focused fund yielding an outsized 6% now that I’ll tell you about shortly.

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On January 1, 2018, I made my boldest prediction of the year: bitcoin was going to crash. Here’s what happened since:

Crytocurrencies Are Dying

There are lots of reasons why bitcoin has cost investors a lot of money: it’s inefficient; it’s not private; and glitches and hacking cause people to lose bitcoins. But the main reason is this: the dumb money followed the smart money—and ended up holding the bag.

I’ve seen this story play out many times, which is why I urge you to be contrarian and avoid the traps market manipulators set up, whether it was dot-com stocks in the late ’90s, housing in the mid-2000s or fantasy Internet money in the 2010s.… Read more

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If you’ve been told it’s impossible to outperform low-cost index funds because the market’s too efficient, you’ve been lied to.

The truth is, there many funds out there that have been beating the broader stock market for years. And here’s something really surprising: there are more funds pulling off this feat now than there have been in a long time!

In fact, across ETFs, mutual funds, and closed-end funds (CEFs), there are 7,643 funds that have beaten the S&P 500’s 7.62% return over the past year.

So much for not beating the market!

Besides the fact that not choosing the low-fee passive fund will get you superior returns, you might be also be surprised by one other fact I just threw out there: a 7.62% return for stocks in general over the past year.… Read more

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You may be surprised to hear that big hedge-fund honchos are struggling with the exact same question you probably are when it comes to tech stocks: are they pricey or cheap?

The good news? I have the answer for you—and a little further on, I’m going to name one fund that taps straight into that answer to hand you rich 5% dividends, plus the massive upside tech is renowned for.

But before we get to that, let’s look at why the biggest names on Wall Street disagree on this question, and the one dead-obvious indicator that many of them have walked right by.… Read more

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Members of my CEF Insider service often tell me they’d love to know a lot more about the people at the helm of closed-end funds—the good, the bad and the ugly.

It makes sense: after all, when you buy a CEF, these folks play a huge role in whether you notch a big gain (and income stream) or, well, not so much.

An Insider’s View

As one of the few analysts who focuses solely on CEFs—especially smaller CEFs—I’ve had several conversations with managers at CEF companies from across the market.

A common theme? They’re all frustrated that the average investor doesn’t know the many benefits CEFs deliver.… Read more

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120 billion dollars.

That’s how much market cap Facebook (FB) dumped over the side in a single day when the company crushed Wall Street’s hopes with a soft second-quarter earnings report last week.

This was the biggest single-day loss in US stock-market history—and the stock has plunged more since, to a loss of over 20%.

“Facebook Fright” Spreads Like Wildfire

The panic has spread to FAANG land, with Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and Alphabet (GOOG) all showing losses right after Facebook’s report, even though many of these companies have very different business models than Facebook. And the one that’s closest, Alphabet, recently reported a blowout quarter.…
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I don’t want to alarm you, but if you’ve got a lot of cash sitting on the sidelines right now, you’re about to miss out on a double-digit stock-market gain in the next 6 months.

In a moment, I’ll show you 5 funds you can buy today to lock in these quick, life-changing profits (and dividend payouts, too). To make it even easier for you, I’ve ranked these 5 popular buys from worst to first.

But first, let me tell you what I’m basing this bold prediction on. The story starts in early February of this year.

You no doubt recall those wild days: after a sharp run-up in stocks in January, which itself was on the heels of a 23% gain for the S&P 500 in 2017, the SPDR S&P 500 ETF (SPY) suddenly did this:

A Nosedive

Panic was in the air—so much so that I was getting calls from worried family and friends asking me what was causing the selloff and what it meant for their retirements (I wrote about that in this article).…
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With the jaw-dropping stock-market dives we’ve seen in the last 3 months, you can be forgiven if your stomach tightens just a bit when you go to check your retirement account.

So today I’m going to give you my 3 best tips for securing your hard-earned cash—and even better, locking in a dividend stream you can easily live off of in retirement.

And no, you won’t need a seven-figure nest egg to pull off what I’m going to show you now.

Step #1: Diversify the Right Way

You no doubt know that diversification is key to protecting your wealth, but if you only go halfway, it will end in disaster.…
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Today I’m going to show you the 3 best closed-end funds of 2017—and reveal a surprising prediction for each of these powerhouse CEFs in 2018.

The prediction? That after soaring up to 58.8% in 2017, these 3 rock-solid CEFs aren’t done yet. In fact, I see all 3 posting double-digit gains in the next 12 months, too!

More on these 3 winning funds in a moment. (And if you’re unfamiliar with CEFs, click here for a full primer on them.)

First, let’s take a very fast look at…

The Year That Was in CEFs

In CEFs, the biggest winners of 2017 had a lot in common, and that made it easy to separate the losers from the winners, because the whole market seemed to agree on 3 things:

  1. Tech is where to put your money.


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