Michael Foster is the Lead Research Analyst for Contrarian Outlook. He is the only analyst in the world who is 100% devoted to CEFs with market caps under $1 billion. Michaels reports are widely read by analysts and portfolio managers at some of the largest hedge funds and investment banks in the world, with trillions of dollars in assets under management.

During the show, Brett Owens talks with Michael on the CEFs to buy with safe dividends and high yields. You’ll learn the difference between Closed End Funds, Mutual Funds, and Exchange Traded Funds including buying at a discount. Sam Marks will share his experience buying CEFs and explain the process.

 

Links:

Contrarianoutlook.com

 

Where are we:

Johnny FD – Ukraine
Sam – Asia

 

Discussed:

Michael’s Articles

> The 9.9% Yields Every Retiree Must Own

> 10 Funds That Crush the Market and Pay up to 9.5%

> Gabelli Equity Income Fund

 

Sam’s Municipal Bond CEFs 

VTN

VPV

IIM

BKN

NAD

 

ILAB 33 – Brett Owens, 3 Recession Proof REITs to Buy Now

 

 

>Try Fresh Books 

 

Books:

Start Here – Recommended Reading

 

Time Stamps:

07:15 - Safe dividends and yields

10:27 - Close end funds, mutual fund, and ETF

14:35 - CEF quantity and discounts

20:51 - Typical investors

27:33 - Types of funds with high payout

41:59 - Buying CEF and municipal bond funds

43:27 - Downsides to CEF

47:32 - Process of buying

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