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Dividend Detective's Income Trio

"Which way the market moves next is anybody's guess. But given the problematic economic outlook, caution should remain your watchword; we try our best to pick solid stocks with strong fundamental outlooks," suggests income specialist Harry Domash.

The editor of The Dividend Detective explains, "However, we caution that they would likely drop along with a weak stock market. So only invest money that you won't need for six to nine months so that you can wait out any market downturns."

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Dividend Detective's Favorite Income Ideas

"Despite mixed economic numbers, it still looks like the economy will continue to improve in the coming months," says Harry Domash.

The editor of The Dividend Detective explains, "However, we continue to advise caution. Invest only money that you can commit for at least six-months to give you time to ride out unexpected market dips. Meanwhile, we have added four income issues to our various portfolios.

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Dividend Detective's income favorites

What are the best buys among dividend-paying issues? In his Dividend Detective newsletter, Harry Domash focuses on for income-generating ideas for long-term investors.

Here, the advisor reviews some of his latest buys among master limited partnerships, preferreds and yield-oriented closed-end funds.

"Among energy partnerships, we're adding two new picks to the portfolio with a buy rating. First, NuStar Energy (NYSE: NS), currently yielding 8.4%, operates crude oil and refined product pipelines and associated facilities.

"NuStar recently acquired asphalt refining and terminal facilities, a business that's expected to boom once the government supported highway construction projects kick in.

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Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 08:36 AM

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