Forget the Crypto Casino: Do This for Double-Digit Dividends (Paid Monthly)

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Here at Contrarian Outlook, we’ve been talking a lot about crypto lately—but not in the way you might think.

We’re not buyers—far from it! Instead, we’re using a savvy, dividend-focused strategy to set ourselves up for some nice gains (and dividend payouts!) as gamblers flee crypto and speculative tech stocks. (I’ll spotlight two closed-end funds that are aligned to scoop up our “crypto refugees” while handing us dividends yielding up to 11% in just a moment.)

I’m reminded of crypto right now because many of these “coins” have fallen hard recently—and last week, we got word of one that went essentially to zero!… 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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With the swift stock-market decline we’ve seen since the start of 2022, and now, 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 three 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, you’re hurting your gain potential (and exposing yourself to potentially severe losses).… 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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Let’s take advantage of this pullback! In a moment, I’m going to outline two generous CEFs (closed-end funds) that pay 6.6%.

Thanks to last week’s market action, each fund trades at a generous 9% discount to its NAV (net asset value). In other words, each CEF trades for just 91 cents on the dollar. Great deals.

Academic “quants” would buy these funds if they could. I can recall this from the time I was scribbling furiously on my “ETF Managers Group”-sponsored notepad at the Inside Fixed Income conference in San Diego, CA. (in-person to boot, how 2019!). Full “dividend geek” mode took over and I wrote faster and faster.… Read more

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With stocks grinding along near all-time highs, decent discounts (and decent dividend yields!) are thin on the ground. But if we look close enough, they are there.

The answer to this no-yield problem is simply going one step beyond the blue chips everyone buys. Our big dividends (at discounts) are lying there in a corner of the market that few serious investors pay attention to. That’s too bad for them, but great for contrarians like us.

I’m talking about closed-end funds (CEFs), which, as a group, yield around 7% on average as I write this.

And here’s the truly underappreciated thing about these high-paying funds: many of them own the big names of the S&P 500 anyway!… Read more

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Let’s be honest: there are a ton of ways to collect passive income out there. But there’s only one that’s easy to get into (no matter how much money you have!), generates yearly cash payouts of 8% or more and is used by billionaire investment gurus on the regular.

I’m talking about an often-overlooked investment called a closed end fund (CEF). And today I want to show you how to invest in CEFs in just three simple steps.

CEFs are like mutual funds or ETFs in that they pool together money from investors, which the fund’s managers then use to buy a basket of stocks, bonds, real estate investment trusts (REITs) or other investments, depending on the CEF’s mandate.… Read more

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Everyone wants to be a contrarian investor. But in practice, most people buy more near tops and sell shares low.

Our human nature becomes tricky during times like these. Markets are ticking near all-time highs and many investors fear “missing out” on the next leg higher.

If you’re a premium subscriber of mine, your portfolio should be in good shape. It’s mostly to fully invested and has had a great run over the past twelve months.

But—you may have some spare cash that you’re staring at. Or dividends waiting to be reinvested.

Should we buy now? Or wait (hope) for a pullback?… Read more

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Everyone wants to be a contrarian investor. But in practice, most people buy more near tops and sell shares low.

Our human nature becomes tricky during times like these. Markets are ticking near all-time highs and many investors fear “missing out” on the next leg higher.

If you’re a premium subscriber of mine, your portfolio should be in good shape. It’s mostly to fully invested and has had a great run over the past twelve months.

But—you may have some spare cash that you’re staring at. Or dividends waiting to be reinvested.

Should we buy now? Or wait (hope) for a pullback?… 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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