Author: Michael Foster, Contrarian Outlook

These bargain funds give you a great setup, no matter what happens with this trade-obsessed market: if stocks do pull a 2008 repeat, their huge discounts should limit their downside. And if stocks rip higher, investors should pile into these absurdly cheap deals, lighting a fire under their share prices.

Now is the perfect opportunity for contrarians like us to grab big returns (and dividends).

This opportunity comes, in a strange way, from the government itself!

We’re not going to “buy direct”. Instead, we’re going to sign up for a nearly 9% yield — and while we’re enjoying that sturdy payout, we’ll be lined up for big returns as these stocks roar higher.

In short, now is NOT the time to worry. Now is the time to buy.