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Do you pay too little in federal taxes?

How about state taxes? Is your yearly tab not enough?

Forty-one out of fifty states levy an income tax. That’s 82% according to my math, so if you’re getting “state taxed” and you want a break on your dividends, read on.

Municipal (“muni”) bonds are often afterthoughts. Their headline yields look modest but remember, they often dish divvies that Uncle Sam can’t touch. Some are even safe from your state governor’s greasy, greedy palms!

Munis are issued by cities and states to fund infrastructure projects. Let’s say a state is building a new highway.… Read more

Here’s what sets us contrarians apart from the herd: We know that every crazy headline that comes across our phones is great news for us.

We welcome the madness and volatility because it lets us buy dips in our favorite dividend growers! Plus, we have an overlooked edge the crowd is clueless about: Our “Dividend Magnet” system for picking dividends that are soaring—and taking their share prices along for the ride.

I’d go so far as to say a soaring dividend is the biggest driver of share-price growth.

When many investors think of growth, they think of aggressive non-payers like Netflix (NFLX), Shopify (SHOP), Tesla (TSLA) or (heaven forbid!),… Read more

At my CEF Insider service, we started 2026 bullish. We still are.

Why? AI, sure. But the real answer is simpler: The data simply tells us that the US economy is stronger than most people think.

Sometimes, admittedly, the data is weaker than we’d like, but no real disasters have appeared. So we’ve kept on our bullish course, continuously adding high-yielding closed-end funds (CEFs) to our portfolio, while taking profits on our holdings from time to time.

With that in mind, and with the halfway point of the year only just behind us, I wanted to bring up one fund that’s performed very well for us indeed, and continues to look strong as we roll into the back half of 2026 (and beyond).… Read more

Stop me if you’ve heard this before, but the Strait of Hormuz is closed once again.

Crude oil jumped 9% Monday on the news, and on cue we have vanilla investors piling into everything and anything with a rig or pipeline attached. It’s an understandable reaction, but we careful contrarians can play this smarter.

Still, the energy sector is cheap after months of investor avoidance, and today we’re going to talk about seven names that pay between 4.8% and 13.9%.

These energy payers dish their dividends with or without a geopolitical crisis.

Let’s look at these seven oil names averaging 8.8% yields right now.… Read more

One of our favorite tech-focused closed-end funds (CEFs) is showing a pattern we love to see. What I’m going to show you below is one of my favorite setups for future gains for us, while we collect strong dividends, too.

The fund in question—the BlackRock Technology and Private Equity Term Trust (BTX)—yields 7.4% as I write this, so we’re getting paid handsomely while we wait for those gains to materialize.

Plus, the performance of this CEF’s underlying portfolio, or its “total NAV return” in CEF-speak, has earned enough over the past 12 months—43.8%, to be exact—to pay that dividend many times over, so the payout looks safe (and is paid monthly, to boot).… Read more

I need to ask your honest opinion, my careful contrarian! Should this reader move on from me?

“I’m 89 years young and active,” Peter wrote. “Don’t need income—only growth.”

(I’m the income guy. Do I have a growth arrow in my quiver, or should this young man look elsewhere to get rich?)

First of all Peter, you’re the man. You’re doing many, many things right to eschew current income at the spry age of 89. Good for you for staying active and for being in a position to still pursue portfolio price gains.

Peter went on to explain that he holds six of my official recommendations.… Read more

This market is in a three-way “tug-of-war”—and it’s set up some sweet deals on our favorite 9%+ dividends.

The Fed. The White House. Iran. A peep from any of the above and stocks soar (or tank).

But we contrarians can see through the short-term fog here.

We’re buying this volatility, in part because we’re playing the long game on AI, and the likelihood it’ll cap wage growth and inflation in the long run (more on that below).

But in the here and now, we need to play it smart—and zero in on payers that cushion our downside so we can collect their rich payouts in peace.… Read more

You’ve no doubt heard the old Wall Street saw: “Sell in May and go away.”

There’s one problem with it: It doesn’t tell us when to buy again. 

I mean, many investors take it to mean that the best time to buy again is in the fall, after Halloween. So maybe we could say, “In the season of orange and black, it’s finally time to go back”?

I don’t know. I’m not a poet (as you can probably tell).

But I am an investment strategist, and in my 15 years working in the field, I’ve seen this “sell in May” advice work sometimes and be disastrous at others.… Read more

This is one pricey market, and if you’re hesitant to put new money to work, I am sympathetic. After all, we’re here for the dividends. We want our principal to stay intact, so I understand it doesn’t make much sense buying high if we’re going to collect dividends but then watch the stock market proceed lower.

Valuations seem to have decoupled from fundamentals in many cases. As we speak, SpaceX, for example, claims an addressable market of $28.5 trillion—roughly the size of the entire U.S. economy. Which is all fair and well—but it also commands galactic premiums at 100 times sales.… Read more

As America celebrates its 250th, there’s something happening inside its economy that’s not getting enough attention.

A quiet boom.

It’s one more thing worth celebrating this month—and we’re going to do that. We’re also going to get set for the next leg of America’s low-key growth run with a closed-end fund (CEF) yielding north 11.6%.

The chart below, which The Economist published two years ago, nicely sums up the wealth-building power of the US economy over the long haul.

The key piece of info here is on the left side of this chart. Here, we can see that over the last century, each generation of Americans has started its working career earning more than previous ones.… Read more