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What are your thoughts about Marty Fridson and his Forbes/Fridson Income Securities Investor Newslet
I tried Fridson for a year or two recently. It is relatively cheap ( $200 ? a year) but the suggested portfolios are only changed once a year, and even the "lowest risk" one lost up to 20% with recent interest rate hikes.
The newsletter "follows" hundreds of other CEFs, preferreds, bonds and dividend stocks with target prices, but there is little way to judge between different securities, other than the ones he picks yearly for the suggested portfolios.
Overall, I found it hard to use. Look at Kiplinger's "Investing for Income" for another approach. They tend to be pretty risk agnostic ( ie they don't really care about declines in the price of funds or stocks, as long as the dividend or income is maintained) and have had several stinkers go to almost zero but are very diversified among CEFs, OEFs stocks and ETFs. The analysis is pretty basic however.
“and even the "lowest risk" one lost up to 20% with recent interest rate hikes.”
Sounds like that one was over-invested in bonds. Similar thing happened to formerly “safe” AOK. I can loose 20% quite easily without having to pay somebody $200 to help me do it.
I took out a 3 year subscription to InvestTech (James Stack) after trying their 3-month trial for $39. Good reading. But, I’ve pretty much exited for now the inverse S&P fund he still has folks holding in their portfolios. (One of us is wrong.) Certainly worth the cost for the market insights even if you choose to chart your own investment course.
Comments
https://isinewsletter.com/
...At American Affairs, I read a book review that was offered in the right-side margin. It was pretty OK, but sounded rather effete.
I can't tell you much else.
Are any of these on your list from your local library? Very little that I see come across the computer screen is worth SUBSCRIBING to.
https://www.amazon.com/Investing-Income/s?k=Investing+for+Income
The newsletter "follows" hundreds of other CEFs, preferreds, bonds and dividend stocks with target prices, but there is little way to judge between different securities, other than the ones he picks yearly for the suggested portfolios.
Overall, I found it hard to use. Look at Kiplinger's "Investing for Income" for another approach. They tend to be pretty risk agnostic ( ie they don't really care about declines in the price of funds or stocks, as long as the dividend or income is maintained) and have had several stinkers go to almost zero but are very diversified among CEFs, OEFs stocks and ETFs. The analysis is pretty basic however.
Sounds like that one was over-invested in bonds. Similar thing happened to formerly “safe” AOK.
I can loose 20% quite easily without having to pay somebody $200 to help me do it.
I took out a 3 year subscription to InvestTech (James Stack) after trying their 3-month trial for $39. Good reading. But, I’ve pretty much exited for now the inverse S&P fund he still has folks holding in their portfolios. (One of us is wrong.) Certainly worth the cost for the market insights even if you choose to chart your own investment course.
https://www.investech.com/product/subscriptions/