Michael Foster, PhD, has worked as an equity analyst for a decade, focusing on fundamental analysis of businesses and portfolio allocation strategies. Dr. Foster 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. He received his PhD in 2008 and continues to offer consulting services to institutional investors and ultra-high-net-worth individuals.
The current period reminds me of the early months of 2009, when "green shoots" were appearing in the economy and markets, but investors were still too scarred by the preceding plunge to get in, suggests Michael Foster, investment strategist and editor of CEF Investor.
The BlackRock Science and Technology Trust II (BSTZ) — a recommendation in my portfolio — trades at a 16.5% discount to net asset value (NAV, or the value of its portfolio), observes Michael Foster, closed-end fund expert and editor of CEF Insider.
Our dream scenario is a retirement that is funded entirely by dividends. That’s the path we’re going down today, with three closed-end funds (CEFs) boasting an incredible average yield of 10.5%, asserts Michael Foster, investment strategist for Contrarian Outlook.
Owning a healthy mix of stocks in the consumer staples and consumer discretionary sectors makes sense, suggests Michael Foster, a speciality in closed-end funds and the editor of Contrarian Outlook.
“CEF professor,” Michael Foster, delivers every month in CEF Insider. The picks he serves up are handpicked to throw off safe 7%+ yields and 15% total returns in 12 months or less!Learn More