Michael Foster
Michael Foster is the Senior Analyst at Contrarian Outlook.
Michael Foster's Latest Posts
Think Your Income Fund’s Dividend Is Dicey? Here’s How To Tell (Instantly)
If you watch cable TV or visit financial websites, you no doubt hear about “overpriced” stocks and funds all the time. A pundit will jump on TV and say something like “Tech is overvalued.” So, by extension, a tech ETF like the Technology Select Sector SPDR Fund (XLK) is overpriced, right? Not so—at least in […]
11% Dividends For 10% Off. Inside 2024’s Biggest Buying Opportunity
Don’t buy into the fear around office real estate investment trusts (REITs). Truth is, this is our moment to buy strong REIT dividends. We’re going to do it with a well-diversified 11.4%-yielding closed-end fund (CEF) trading at a ridiculous bargain. Our opportunity lies in the fact that the fear around office landlords (Will the work-from-home crowd ever […]
Your Retirement Playbook: How Much You Need + 3 Big Dividends To Get There
Let’s go ahead and use the quickest, most reliable strategy I know of to kickstart a reliable 7% income stream that rolls our way every month. My specialty is writing about stocks, bonds and closed-end funds (CEFs), but all of these are really a means to the end of achieving financial independence. What really matters is how […]
3 Funds That Profit From “Economic Grumpiness” (Yields Up To 9.8%)
Here’s something you might be surprised to hear: according to the numbers, the US economy is actually doing well—and yet (almost) nobody wants to admit it! It’s a misconception we income investors can exploit with the three high-yielding picks we’ll cover below. It’s a weird turn of events, but it makes sense. Since the pandemic, […]
This Looming “Fed Shift” Will Ignite These 8%+ Payers
All year long, we’ve been waiting for our favorite high-yield investments, 8%+ yielding closed-end funds (CEFs), to jump, along with the rest of the market. Now, nearly nine months in, we’re still waiting! It’s not surprising: the income-focused investors who buy these funds are typically a cautious bunch. Not that we mind at my CEF Insider service. We’ve been […]
3 Easy Steps To Unlock Big 7.5% Dividends (Paid Monthly, To Boot)
Last Monday, we talked about the two biggest mistakes many investors make when buying high-yielding closed-end funds (CEFs). Today we’re taking the opposite tack and delving into three things to look for to pick the very best of these 7.5%+ payers for your portfolio. The upshot? If all three of these strengths are present, you likely have yourself a […]
Our CEF Playbook For The Rest Of 2023 For 6%+ Dividends
Here’s some great news as we head into the summer market doldrums: we’ve got a terrific setup to buy, with stocks rallying, economic data strong—and the S&P 500 (and many high-yielding closed end funds) still cheap. These bargains exist because of the media’s constant bleating about a recession. But that, of course, has been completely wrong—and I expect it […]
This AI-Powered Dividend Yields 10% (And Pays Monthly)
Few folks know it, but there’s a way to tap the surging AI trend for a growing 10% dividend. Better still, this monster “AI-powered payout” comes our way monthly. That’s a far sight better than what most folks are doing these days: focusing on a handful of dividend paying blue chip tech stocks like Microsoft (MSFT). There’s […]
Powell’s “Press Conference From Hell” Has Made These 10% Dividends Cheap
Jerome Powell’s latest trip before the microphone has opened up a surprising opportunity for us dividend investors. I have three funds for you that are deeply discounted in the wake of the Fed chair’s press conference last week, following the release of the latest rate decision. Buying this trio now also sets you up for […]
3 Buys To “Squeeze” Amazon For An 8% Dividend
I’m always shocked when dividend investors ignore tech stocks. Which means I’m shocked a lot, because pretty well all income-seekers do it! That’s because most folks still think of technology as the home of profitless startups, crumbling crypto platforms or zero-dividend names like Tesla (TSLA) and Amazon.com (AMZN). But the truth is, big caps dominate the tech space, […]