Nathan Slaughter

Nathan Slaughter, Chief Investment Strategist of The Daily Paycheck and High-Yield Investing, has developed a long and successful track record over the years by finding profitable investments no matter where they hide. Nathan's previous experience includes a long tenure at AXA/Equitable Advisors, one of the world's largest financial planning firms. He also honed his research skills at Morgan Keegan, where he managed millions in portfolio assets and performed consultative retirement planning services. To reach more investors, Nathan switched gears in 2004 and began writing full-time. He has since published hundreds of articles for a variety of prominent online and print publications. Nathan has interviewed industry insiders like Paul Weisbruch and CEOs like Tom Evans of Bankrate.com, and has been quoted in the Los Angeles Times for his expertise on economic moats. Nathan's educational background includes NASD Series 6, 7, 63, & 65 certifications, as well as a degree in Finance/Investment Management from Sam M. Walton School of Business, where he received a full academic scholarship. When not following the market, Nathan enjoys watching his favorite baseball team, the Cubs, and camping and fishing with his family.

Analyst Articles

As many of you know, each month I dedicate an article to informing you about stocks that are poised to put more cash in stockholders’ pockets.  I scan the market for noteworthy special distributions on the horizon, as well as potential dividend hikes on the way over the next four to six weeks. I give special attention to outsized double-digit increases and reliable dividend-payers that have been steadily growing payouts for a decade or more.  I flag these stocks before the official announcements are made, not after, giving you a head-start. (And my High-Yield Investing readers get an even bigger… Read More

As many of you know, each month I dedicate an article to informing you about stocks that are poised to put more cash in stockholders’ pockets.  I scan the market for noteworthy special distributions on the horizon, as well as potential dividend hikes on the way over the next four to six weeks. I give special attention to outsized double-digit increases and reliable dividend-payers that have been steadily growing payouts for a decade or more.  I flag these stocks before the official announcements are made, not after, giving you a head-start. (And my High-Yield Investing readers get an even bigger lead on this information, as you hopefully understand.) If you’ve read previous articles where I’ve projected dividend raisers for the next month, then you know my track record on predicting these dividend increases is pretty good — and so are the subsequent gains posted by the stocks we’ve covered. So you’ll want to pay particular attention to this month’s candidates.  Here they are… 1. Microsoft (Nasdaq: MSFT) – What can you say about Microsoft that hasn’t already been said? Sure, the company still rakes in more cash from its ubiquitous Windows architecture and Office products in a month than most… Read More

You’ve probably seen it. And not just on financial sites either, but front page headlines on major media outlets like Yahoo.com, Fox News, and CNN. I’m talking about the inverted yield curve. Specifically, the fact that yields on the 10-Year Treasury (1.62%) slipped below those on the 2-Year note (1.63%). That’s not the natural order of things. Anyone who has ever bought a bank certificate of deposit (CD) knows that longer-term maturities are supposed to pay more than shorter ones. #-ad_banner-#The same is normally true in the bond world. Since the 1980s, the 10-Year Treasury has typically yielded about 100… Read More

You’ve probably seen it. And not just on financial sites either, but front page headlines on major media outlets like Yahoo.com, Fox News, and CNN. I’m talking about the inverted yield curve. Specifically, the fact that yields on the 10-Year Treasury (1.62%) slipped below those on the 2-Year note (1.63%). That’s not the natural order of things. Anyone who has ever bought a bank certificate of deposit (CD) knows that longer-term maturities are supposed to pay more than shorter ones. #-ad_banner-#The same is normally true in the bond world. Since the 1980s, the 10-Year Treasury has typically yielded about 100 to 200 basis points more than the 2-Year. That higher rate compensates investors for tying up their principal over a longer period as well as for the impact of inflation. But the upward sloping yield curve has flattened out recently, flirting with inversion. And on August 14, it finally happened. There have been other yield curve inversions in recent months involving 3-Year and 5-Year Treasuries. But the 2-10 curve is the most closely watched because of its uncanny predictive abilities. The last time this flip-flop happened was in December 2005, about two years before the Great Recession hit. We’ve seen… Read More

Suppose you were a job hunter presented with two options: a position offering a flat $50,000 per year with no pay hikes or one starting at $40,000 with a guaranteed 10% raise each year. If you were only a year away from retirement, the first option would make more sense. But for those with a bit longer to go, option number two would be the better deal. Not only will your paycheck grow each year, but it will do so by an increasing amount — $4,000 after the first 12 months, $4,400 after the next 12, and so on. After… Read More

Suppose you were a job hunter presented with two options: a position offering a flat $50,000 per year with no pay hikes or one starting at $40,000 with a guaranteed 10% raise each year. If you were only a year away from retirement, the first option would make more sense. But for those with a bit longer to go, option number two would be the better deal. Not only will your paycheck grow each year, but it will do so by an increasing amount — $4,000 after the first 12 months, $4,400 after the next 12, and so on. After just five years, you would be pulling down about $64,000 per year. And if the base compensation alone didn’t sway you, what if I also mentioned that the second job offer was from a prosperous growing company that also offered nice incentives such as generous 401(K) matching? I’m guessing that would only reinforce your decision. If this simple analogy makes sense, congratulations — you’re already a step ahead of the yield-hungry crowd and that much closer to financial independence. —Recommended Link— Retire up to 12 YEARS EARLY I started a unique retirement program three years ago, and we’re getting… Read More

To call a stock like Colony Capital (Nasdaq: CLNY) a disappointment would be an understatement. Since joining with Northstar Realty in early 2017 (a merger that went south almost immediately), the company has lost approximately two-thirds of its market cap.  So why does it worth a look for investors? Because investing is always about tomorrow, not yesterday. A well-respected investment research firm just evaluated each of Colony’s divisions individually, and after a sum-of-the-parts valuation concluded that CLNY is worth $11 per share. That would imply a potential upside of 100% from current levels. And for the first time in a… Read More

To call a stock like Colony Capital (Nasdaq: CLNY) a disappointment would be an understatement. Since joining with Northstar Realty in early 2017 (a merger that went south almost immediately), the company has lost approximately two-thirds of its market cap.  So why does it worth a look for investors? Because investing is always about tomorrow, not yesterday. A well-respected investment research firm just evaluated each of Colony’s divisions individually, and after a sum-of-the-parts valuation concluded that CLNY is worth $11 per share. That would imply a potential upside of 100% from current levels. And for the first time in a while, the market is sensing a viable pathway to get there. Just What Exactly Is This Company?  Part of the problem is Colony’s convoluted portfolio, which has kept many analysts (and retail investors) at arm’s length. Like most real estate investment trusts (REITs), it owns a collection of rent-earning properties such as hotels and warehouses. But Colony is also part asset manager and part business development company (BDC). Among other ventures, it originates real estate loans and manages both open and closed private equity funds. Colony has $14.6 billion in balance sheet assets and manages another $28.8 billion on… Read More

You’ve probably seen it. And not just on financial sites either, but frontpage headlines on major media outlets like Yahoo.com, Foxnews.com, and CNN.com. I’m talking about the inverted yield curve. Specifically, the fact that yields on the 10-Year Treasury (1.62%)… Read More

The market is always driven by either fear or greed. Right now, fear holds sway. There is a global flight-to-quality underway that has investors seeking shelter in government bonds, the safest of all harbors. As we know, bond prices move inversely to yields. So, payouts have fallen off a cliff… 3%, 2%, 1%. Look out below. Current bond yields are so low they would be laughable – were they not jeopardizing the retirement of hard-working people. —Recommended Link— Paragon Trading System Brings Gains of 2,500% Kept under wraps for 30 years, Jim Fink is finally… Read More

The market is always driven by either fear or greed. Right now, fear holds sway. There is a global flight-to-quality underway that has investors seeking shelter in government bonds, the safest of all harbors. As we know, bond prices move inversely to yields. So, payouts have fallen off a cliff… 3%, 2%, 1%. Look out below. Current bond yields are so low they would be laughable – were they not jeopardizing the retirement of hard-working people. —Recommended Link— Paragon Trading System Brings Gains of 2,500% Kept under wraps for 30 years, Jim Fink is finally revealing his Paragon trading system to the world. It’s the same system that let Jim walk away from Wall Street with a $5 million fortune at just age 37. And now, a select group of investors are following in his footsteps. We’re so confident in the system, that we will guarantee you the opportunity to turn $5,000 into $125,000. ​​Click Here Now. My premium newsletter, High-Yield Investing, has been around for fifteen years. When the newsletter was launched in July 2004, decent payouts were plentiful. The 10-Year Treasury yield stood at 4.7%. And AAA-rated corporate bonds… Read More

We just passed a major milestone. No, I’m not talking about the 50th anniversary of the Apollo 11 moon landing (although that is certainly worthy of recognition). But while we’re on the subject, it would be remiss of me to not cite a couple of examples of what the market has done for investors since that historic date in July 1969. #-ad_banner-#If you bought a few shares of Walt Disney Co (NYSE: DIS) back then, they would have since multiplied in value 400 times over. Better still, a stake in McDonald’s (NYSE: MCD) would have delivered an astronomical return of… Read More

We just passed a major milestone. No, I’m not talking about the 50th anniversary of the Apollo 11 moon landing (although that is certainly worthy of recognition). But while we’re on the subject, it would be remiss of me to not cite a couple of examples of what the market has done for investors since that historic date in July 1969. #-ad_banner-#If you bought a few shares of Walt Disney Co (NYSE: DIS) back then, they would have since multiplied in value 400 times over. Better still, a stake in McDonald’s (NYSE: MCD) would have delivered an astronomical return of 82,000%, including dividends. That’s what happens when you become a part-owner in iconic American businesses, reinvest your dividends dutifully, and harness the long-term power of compound interest – which brings us to the real milestone I was talking about. $150,000. That’s the cumulative distributions of dividends and interest we’ve collected in our Daily Paycheck portfolio since it was created in January 2010. The latest running tally through last month is 3,389 “paychecks” worth a total of $155,219. And while August looks to be somewhat of a slow month for dividends, we’re still scheduled to receive $1,313. That money… Read More

Whenever a sinking share price pushes a dividend yield above 10%, the market is usually expressing some skepticism regarding dividend sustainability. That’s even more true at 15% and higher… With an annual dividend of $1.00 per share and a current share price below $4, WPG carries an extreme yield above 25%. Clearly, investors have some serious doubts. The market was expecting a dividend cut when the company released its second-quarter results a few ago. They didn’t get one. Washington Prime reaffirmed its policy of distributing $0.25 per share each quarter. And it earned $0.27 in funds from operation (FFO), enough… Read More

Whenever a sinking share price pushes a dividend yield above 10%, the market is usually expressing some skepticism regarding dividend sustainability. That’s even more true at 15% and higher… With an annual dividend of $1.00 per share and a current share price below $4, WPG carries an extreme yield above 25%. Clearly, investors have some serious doubts. The market was expecting a dividend cut when the company released its second-quarter results a few ago. They didn’t get one. Washington Prime reaffirmed its policy of distributing $0.25 per share each quarter. And it earned $0.27 in funds from operation (FFO), enough to cover the distribution with room to spare. Management forecast full-year FFO of $1.20 per share – providing a minimum coverage ratio of 120% on the $1.00 per share annual distribution. Unless that has changed over the past few days, the company is generating enough cash to continue paying its current dividend. But should it? That’s a better question to ask. I say no. Dividends are eating up most of the firm’s cash flow, leaving little for required maintenance expenditures. They run about $65 million annually, or $0.30 per share. But the bigger drain on capital is redevelopment costs needed… Read More

There are some big cultural divides among Americans. Ford vs. Chevy. Red Sox vs. Yankees. Active versus passive management. Okay, that last one might not be much of a conversation starter at your next dinner party. But among the investment community, this… Read More