Michael Foster
Michael Foster is an Investment Strategist at Contrarian Outlook.
Michael Foster's Latest Posts
Buy And Hold Forever? Nope. I’d Sell If You See These 3 Signs
Members of our CEF Insider service often ask me when they should sell a closed-end fund. The truth is, when it comes to CEFs, it’s easier to know when to buy than when to sell. If the fund is well managed, has a strong track record, is deeply discounted in relation to net asset value, or NAV (another way of […]
These Huge Dividends (Up To 7.4%) Are Perfect For The Next 6 Months
The trade-war panic is in full retreat—and it’s left us three ridiculously cheap funds set to soar even higher than the market in the coming months. Best of all, we’ll bag some very nice dividends from this trio: I’m talking outsized yields up to 7.4%! Before I show them to you, let’s talk about why the market […]
3 Simple Steps To 73% Gains And 6% Dividends (Starting Now)
What if I told you I’d found a way for you to bank 7%+ in cash (often paid monthly, no less) from real estate? And no, we’re not going to send you out on the streets, pounding the pavement with your real estate agent, trooping through one disappointing house after another. And you won’t have to deal […]
5 Ways To Profit From The Trade War (And Grab 14.5% Dividends)
There’s really just one way to cushion your portfolio from this trade war. It’s one of the oldest pieces of advice there is: Diversify. I know. You’ve heard that one tons of times before, right? Well, there’s a twist. Because I’m not going to just tell you that you need to spread your money out […]
Warning: These 10 Funds Could Pull A 2008 Repeat (Sell Now)
I want to show you 10 funds that yield up to 9.4%—and that you should sell now (or steer clear of if you don’t own them). Of course, near-10% yields are attractive, and I often see attractive funds yielding as much as (and more than) the 10 funds I’ll reveal in a second. But sometimes […]
Forget Oil: This 7.6% Dividend Will Soar In 2019
Oil prices have been locked in a tight range for five years—and I know I don’t have to tell you that this has been a disaster for energy investors. Oil Fails to Launch With the benchmark Energy Select Sector SPDR (XLE) unable to hold its gains for long (let alone recover to pre-crash levels), even the most […]
1,000%+ Gains And 7.2% Dividends in 1 Buy. Here’s How
It’s a question that’s absolutely critical when judging a closed-end fund: how safe is the dividend? This is particularly crucial when you consider the huge yields the average CEF offers compared to their ETF cousins. For the 2,918 ETFs available to US investors, the average payout is 1.9%, partly because 735 of these funds pay nothing […]
Two 7% Dividends (With Upside) No One Is Talking About
The headlines say it all: the economy is slowing down, right? And with stocks soaring—up 11% year to date—we must be headed for a correction. Both statements would be off the mark. Because the economic numbers the government is putting out (and the press is repeating without question) are flawed. I’ll show you how in a moment. […]
My Personal Forecast For Gold (And 3 Gold Funds Circling The Drain)
Here’s something that might surprise you about gold: closed-end fund (CEF) managers—at least those I speak to—pay little attention to it. We’ll dive into why right now. Then I’ll show you three gold CEFs you need to keep away from your portfolio. Because gold’s future looks nothing like the rosy past gold bugs love to use to justify their […]
Revealed: My Personal 3-Point “When To Sell” Checklist For CEFs
Income investors are typically a conservative and prudent bunch. Focused on a sustainable income stream, they often look for a sign to avoid a big price drop. So when it comes to one of the highest-yielding investments of all—closed-end funds (CEFs)—how can you know when the time has come to sell? I’ll tackle that question […]