Contrarian Income Report Review: Is Brett Owens a Scam?

As an investment analyst with over seven years of experience in generating consistent profits in the financial market, I’ve had the opportunity to explore a wide range of investment strategies and newsletters. One that has caught my attention recently is Brett Owens’ Contrarian Income Report. This monthly newsletter promises to deliver high dividend yields, often exceeding 7%, by leveraging a contrarian approach to investing. But does it live up to its promises?

In this review, I’ll dive into the details of the Contrarian Income Report, examining its investment strategy, performance, and whether it’s a worthwhile addition to your investment toolkit.

With my background in navigating complex financial landscapes, I aim to provide a balanced and insightful look at what this report offers and whether it aligns with your investment goals.

What is Contrarian Income Report?

The Contrarian Income Report is a monthly investment newsletter designed to help subscribers achieve high dividend yields, typically ranging from 7% to 8% or higher. It employs a contrarian investment strategy, focusing on high-yield investments such as bond funds, bank loan funds, dividend stocks, REITs, and infrastructure holdings. The report aims to capitalize on market misconceptions and overreactions to provide stable income streams without the need for frequent buying and selling.

As a subscriber, you receive a range of benefits, including:

• 12 Monthly Issues: Each issue includes a new stock recommendation.
• Model Portfolio: A diversified portfolio designed to maximize dividend income.
• Weekly Articles: Regular updates on market trends and investment insights.
• Quarterly Webinars: Interactive sessions to discuss investment strategies and answer questions.
• Bonus Reports: Special reports like “Best of Both Worlds: 3 Fixed-Income Funds That Beat Stocks” and “The Dirty Dozen: 12 Dividend Stocks to Sell Now”.

The report is priced at $99 annually, though new subscribers often receive a discounted rate of $39 for the first year.

Recommendation: Here’s The Best Alternative

Who Created Contrarian Income Report?

Brett Owens is the creator of the Contrarian Income Report. He serves as the Chief Investment Strategist for Contrarian Outlook, a company he founded to focus on income investing opportunities. Owens has a diverse background, having graduated from Cornell University and worked in various roles, including sales and marketing for Planisware and as a managing editor for Palm Beach Research Group.

Owens is also a successful tech entrepreneur, having co-founded several software-as-a-service companies, including Chrometa and LeadDyno. He has been featured in prominent publications such as The Economist, Inc. Magazine, and The Chicago Tribune, showcasing his expertise in investment strategies.

In 2019, Owens co-authored the book “How to Retire on Dividends,” which further solidified his reputation as an authority on dividend investing.

Is Contrarian Income Report Legit?

The legitimacy of the Contrarian Income Report can be assessed from several angles. Firstly, Brett Owens is a well-established figure in the investment community, with a track record of providing insightful investment advice. His approach is grounded in a “calculated contrarian” strategy, which involves identifying undervalued stocks and funds with high yields.

The report has received a solid 4.1 rating out of 837 reviews on Stock Gumshoe, indicating a generally positive reception from subscribers. However, some critics point out that while the report offers high-yield opportunities, these often come with higher volatility, which may not be suitable for all investors, particularly those nearing retirement.

It’s also important to note that while the report promises high returns, it does not guarantee them. The service is a subscription-based newsletter offering investment advice rather than a direct investment product. Therefore, it is essential for potential subscribers to carefully evaluate their risk tolerance and investment goals before joining.

Recommendation: Here’s The Best Alternative

What is Included in Contrarian Income Report?

As I delve into the details of the Contrarian Income Report, it’s clear that this newsletter offers a comprehensive suite of tools and resources designed to help subscribers achieve high dividend yields. Here’s what you can expect:

• Monthly Issues: Each issue, delivered on the first Friday of the month, includes at least one new stock recommendation, focusing on dividend stocks, preferred shares, and other high-yield opportunities.
• Model Portfolio: This serves as a central hub for all active positions, providing in-depth analysis to help subscribers make informed decisions.
• Flash Alerts: These timely updates inform subscribers about market news that could impact their investments, offering strategic advice on how to respond.
• Weekly Market Analysis: Regular updates keep subscribers informed about market trends and secondary investment ideas.
• Special Reports: Subscribers gain access to exclusive reports like “5 ‘All-Weather’ Dividends Paying Up to 9%,” which highlight high-yield stocks and funds.
• Quarterly Webinars: Members can participate in live webinars to discuss current portfolio recommendations and ask questions.

Are Contrarian Income Report Members Getting Results?

The Contrarian Income Report generally receives positive feedback. For instance, it has a solid rating on platforms like Stock Gumshoe, indicating that many subscribers find value in the service. However, some critics note that while the report offers high-yield opportunities, these often come with higher volatility, which may not suit all investors, particularly retirees.

Brett Owens’ strategy aims to deliver consistent dividend income, which can be attractive during periods of economic uncertainty. The report’s focus on monthly income streams is particularly appealing to retirees seeking stable financial support without needing to monitor market fluctuations closely.

How Much Does Contrarian Income Report Cost?

The Contrarian Income Report typically costs $99 per year, but new subscribers often receive a discounted rate of $39 for the first year. This introductory offer is sometimes extended to returning members as a “Welcome Back” deal.

One of the attractive features of the Contrarian Income Report is its 60-Day Money-Back Guarantee. If you’re not satisfied with the service within the first two months, you can request a full refund. This guarantee provides a risk-free opportunity to evaluate the report’s value and decide whether it aligns with your investment goals.

Recommendation: Here’s The Best Alternative

Praises For Contrarian Income Report

As I evaluate the Contrarian Income Report, several aspects stand out as particularly commendable:

1. High-Yield Opportunities: The report excels at identifying high-yield investments, often providing returns of 7% to 8% or more. This is especially appealing to retirees seeking stable income without needing to sell shares.

2. Diversified Portfolio: The Contrarian Income Report offers a diversified portfolio that includes a mix of dividend stocks, REITs, and other high-yield investments. This diversification helps mitigate risk and ensures a steady income stream.

3. Subscriber Testimonials: Many subscribers have reported positive experiences, with some noting significant increases in their retirement income. For example, Mark M. from Michigan saw his dividend income rise by almost 25% after adopting the Contrarian portfolio.

4. Educational Value: The report provides valuable insights and strategies for managing investments, making it a useful resource for both novice and experienced investors. It helps subscribers understand how to integrate high-yield investments into their portfolios effectively.

5. Affordable Pricing: The introductory offer of $39 for the first year makes it an affordable entry point for new subscribers. The regular price of $99 per year is also competitive compared to other investment newsletters.

Criticisms For Contrarian Income Report

Despite its strengths, the Contrarian Income Report also faces several criticisms:

1. Volatility and Risk: The high-yield investments recommended often come with higher volatility, which can be concerning for risk-averse investors. Some subscribers have reported significant losses, particularly with certain closed-end funds (CEFs) and stocks.

2. Overemphasis on Yield: Critics argue that the report’s focus on high-yield investments can lead to overlooking other important factors, such as the underlying health of the companies or funds. This might result in investing in entities with poor credit quality or those at risk of dividend cuts.

3. Limited Portfolio Adjustments: Some subscribers have noted that the portfolio rarely changes, which can be a drawback if market conditions shift significantly. This lack of adaptability might leave investors exposed to prolonged downturns in certain sectors.

4. Marketing Tactics: The report’s marketing often emphasizes high returns and easy wealth-building strategies, which some find overly promotional. This can create unrealistic expectations among new subscribers.

5. Upselling: There are concerns that the newsletter is designed to upsell subscribers to more expensive services or products, such as the CEF Insider or other premium offerings. This can be seen as a drawback for those looking for straightforward investment advice without additional costs.

Is Contrarian Income Report Worth It?

As I weigh the pros and cons of the Contrarian Income Report, I believe it can be a valuable resource for certain types of investors. If you’re looking for high-yield investments and are comfortable with the associated risks, this report might be worth considering. The Contrarian Income Report offers a unique approach to generating income through dividend stocks and other high-yield investments, which can be particularly appealing during periods of low interest rates.

However, for risk-averse investors or those seeking more stable returns, the report’s focus on high-yield investments might not be the best fit. Additionally, while the report provides educational value and a diversified portfolio, it’s essential to consider your personal financial goals and risk tolerance before subscribing.

Ultimately, whether the Contrarian Income Report is worth it depends on your individual investment strategy and preferences. It’s crucial to carefully evaluate the potential benefits against the risks involved.

Recommendation: Here’s The Best Alternative

Contrarian Income Report Alternative to Make Passive Income

As an investment analyst, I’ve come to realize that while investing can be lucrative, it inherently carries risks. The Contrarian Income Report is no exception, with its focus on high-yield investments that can be volatile. For those seeking a more stable and sustainable way to generate passive income, I highly recommend exploring alternatives like building an online business.

One of the best alternatives I’ve found is Wealthy Affiliate. This platform offers a comprehensive training program and community support to help you build a successful online business. By creating a digital asset that generates income through affiliate marketing, digital products, or other online ventures, you can achieve a more predictable and scalable income stream.

Wealthy Affiliate provides:

• Extensive Training: Step-by-step guides on building websites, SEO, and affiliate marketing.
• Community Support: A large community of entrepreneurs who share insights and experiences.
• Website Hosting: Reliable hosting services for your online business.
• Tools and Resources: Access to tools like keyword research software and website builders.

Building an online business requires effort upfront, but it offers a more stable foundation for passive income compared to the volatility often associated with high-yield investments. With Wealthy Affiliate, you can create a sustainable income stream that grows over time without the risks inherent in financial markets.

Recommendation: Here’s The Best Alternative