December’s “Income Security of the Month”

A big part of the advertising that comes out for Carla Pasternak’s High Income Investing is by way of their writeups on the “income security of the month” — and, as she has done this month, she often recycles these ideas … it looks like today’s “Income Security of the Month” was also the income security of the Month for October.

Times are tough, everyone’s cutting back — so no need to hire another copywriter if you’ve got a perfectly good sales letter sitting around!

Some of the comments below first appeared in this space back then, which now seems a lifetime ago, but I’ve added some more info and done some updating.

“These special hybrid securities not only provide strong returns during market turmoil thanks to the ‘AAA’-rated portfolio of their parent company — they also provide unlimited upside potential since the shares are convertible at any time into stock of the underlying company.”

"November Income Security — 35.1% Yield!"

I hope that everyone who reads the teaser email from StreetAuthority.com for Carla Pasternak’s High-Yield Investing takes their claims of a 35% forward dividend yield with a little bit of a grain of salt. Obviously, there’s no way to get a 35% annual dividend that’s sustainable and/or safe, so there must be something unusual [...]