Author: Michael Foster, Contrarian Outlook

Its steady monthly payout has grown in the last five years, with a special dividend thrown in.

It’s delivered a 12.3% annualized total return over the last decade holding names like NVIDIA (NVDA), Microsoft (MSFT), Alphabet (GOOGL), Amazon.com (AMZN), Meta Platforms (META) and Visa (V).

It gives us more upside potential and more downside insulation if the market hits a speed bump.

Paying a 6.6% average yield, they allow you to hedge your downside, and build upside potential.

Holding these investments for the long term and collecting their high dividends as a much better way to go.