New: 2 Steps for 9.9% Dividends in This Bubbly Market

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The Contrary Investing Report > NYSE:HIX

Need more proof this market is completely upside down? Look no further than this mess with Hertz Global Holdings (HTZ).

You likely know the story: the car-rental chain, run off the road by the coronavirus, filed for bankruptcy over the Memorial Day weekend. On the first trading day afterward, May 26, the stock fell to $0.56 … then soared 10X!

Investors Compete to See Who Can Lose the Most

It’s pulled back a bit since, but is still up 200% from where it stood right after its bankruptcy filing.

And get this: 159,000 of users of the popular Robinhood trading app owned Hertz as of June 19, according to Robintrack.… Read more

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I hope last week’s Iran head-fake didn’t have you thinking about buying so-called “safe” dividends like Treasuries. Because these tired income standbys aren’t safe at all!

With your nest egg yielding a pathetic 1.9%, you’re guaranteed losses, with inflation running at 2.1%. So today we’re going to make a simple contrarian move that will:

  • Hand us huge 8.6%+ cash dividends—nearly five times what Treasuries pay.
  • Pay us every month, not every quarter.
  • Set us up for nice price gains “on the side,” and …
  • Give us “Iran insurance,” helping shield our nest egg against swift drops triggered by global instability, an economic downturn—any reason, really.

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I run into far too many investors who think the best way to build their bond income is to buy through an ETF.

It makes sense. After all, buying corporate bonds “direct” means playing in the murky over-the-counter market, or forking over a hefty brokerage commission.

What’s more, the media—with help from ETF providers’ marketing departments—has most folks believing an “automated” ETF always beats a human manager.

So it follows that more people are buying ETFs like the Bloomberg Barclays SPDR High-Yield Bond ETF (JNK). With one click, you’re getting a portfolio of corporate bonds throwing off a nice 5.6% dividend yield—and charging just 0.4% of assets.… Read more

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After months of grinding higher, stocks have taken a bit of a breather. And one obscure corner of the market went lower still.

I know I don’t have to tell you that when that happens, contrarians like us are set up for some nice gains, so long as we don’t let emotion cloud our judgment.

And there are indeed some nice gains on tap with 3 cheap funds I’ll tell you about shortly. They’re all closed-end funds, a special kind of investment that throws off eye-popping dividend yields (one of the 3 CEFs I’ll show you yields a hefty 9.3% now!).…
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