‘Think Different’ about Tech and Snag This 10% Yielder

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A popular adage in the investing world is “Wall Street hates uncertainty.” Unfortunately, many investors have been living in a world of surprises and uncertainty for all of 2022.

Some of that is beyond their control, including volatility caused by Russia’s aggression in Ukraine. However, a lot of the challenges we face in 2022 are by no means unexpected.

You simply had to be paying attention.

In talking with family and friends, I’ve found that one of the biggest risk areas that gets overlooked in their personal portfolios is an over reliance on Big Tech. This is a particularly important topic right now, with the Nasdaq down about 15% in the last 30 days as megacap technology companies have cratered.… Read more

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I always laugh when I hear investors say you can’t time the market. Truth is, you can—my readers and I have done it many times! I’m going to show you my favorite way to time the market for big upside (and dividends) today.

The best way is to let you see my system in action. So let’s do that.

Think back to October 2020 for a second. With the market mess that is 2022 dominating the headlines now, you may not remember that we faced a big pullback then—just north of 10%.

It set the stage for us to “swing trade” for payouts north of 7%, and quick 49% upside, too.… Read more

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This stock market selloff has gone way too far—and it’s pumped up the dividend yields on some of our favorite high-yield closed-end funds (CEFs).

That means it’s time to buy. I’ll name three CEFs the panicked masses have mistakenly tossed over the side in a moment. Together, these three snubbed funds throw off an 8.7% average dividend. Plus they’re trading at a nice “double discount”: that is, the CEFs themselves are cheap and their holdings, which consist of top US and international stocks, are way oversold in this latest market fracas, too.

History Is on Our Side

When considering opportunities like this one, it pays to look at history.… Read more

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“Is $1 million enough to retire on?”

Paul Katzeff of Investor’s Business Daily asked me earlier this month. He was especially keen on high-paying ETFs that would throw off enough dividends to fund a nice retirement.

For example, we chatted about the Global X Nasdaq 100 Covered Call ETF (QYLD), which sells covered calls on the Nasdaq index itself to create cash flow.

QYLD’s trailing yield is a sweet 11.8%, which means million-dollar positions would have generated $118,000 in dividend income alone. Plus, the principal grew, too, thanks to price gains. The Nasdaq has been on a tear since last year, helping QYLD to 21.2% total returns (including dividends) over the past twelve months.… Read more

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I had just spent my whole paycheck at Whole Foods. My wife was not amused.

“Brett,” she paused and trailed off, a telltale sign that I was in the hot seat.

“You don’t have to buy everything organic. Some stuff…” she searched for words, shaking her head.

I flailed for a life raft: “But isn’t organic good?”

“Some fruits, sure,” she conceded. “And vegetables. But not all of them. Like avocados, and bananas—they have thick skins, so it really doesn’t matter if they are organic or not.”

“And cookies. Cookies are a highly processed food. Why are you bothering with organic?”… Read more

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Start rounding up your spare cash, because the best dividend buying opportunity—since last October—is coming soon.

Last week, we chatted about stacking dry powder for a special purchasing moment. For those of you who have been piling up the payouts into a cash mountain, let’s get ready to deploy it.

Why does this matter? Well, buying moments like these can secure us several years’ worth of returns at once. Let’s revisit the October example, which Contrarian Income Report subscribers will remember fondly.

At the time, we had two months of pullback behind us. Scary headlines had driven fear to levels that should be bought, and that is exactly what we contrarians did.… Read more

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These days, I’m hearing from a lot of investors interested in monthly dividend stocks.

It’s easy to see why: monthly dividends line up nicely with our bills, something that’s very helpful in a crisis like this one. And if you’re reinvesting your payouts, monthly payers give your returns an extra lift in the long run because you can put your dividend cash to work faster.

There’s only one problem with these stocks: they’re few and far between.

Monthly Payers a Fraction of the Market

Source: CEF Insider

As you can see above, if we limit ourselves to monthly payers, we’re literally shutting out almost all of the market.… Read more

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Worried about a pullback? I don’t blame you. But you shouldn’t stash your portfolio in cash when you can bank this 10% dividend and be protect yourself from a drop in the stock market.

Rather than buying stocks for their payouts and hoping they don’t crash, you can extract more money from them – and protect your downside risk – by “writing” covered calls. And don’t worry, we’re not going to get into an Options 101 course here.

I’m going to explain the strategy to you – and then recommend my favorite fund which is easy to buy, and will do all of the heavy lifting for you.…
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