GETTING STARTED WITH FLY HIGH INVESTING
Fly High Investing gives you a researched model, continuing company analysis and practical tools for building your own high-income portfolio. Follow these steps to begin.
1. Open a Self-Directed Brokerage Account
You will need a self-directed brokerage account that allows you to select and manage your own investments. This can be an IRA, Roth IRA, rollover account, employer-sponsored retirement account with a self-directed option, or a taxable brokerage account.
Compare account fees, investment choices and available dividend-reinvestment options before selecting a brokerage firm. Tax treatment varies by account type, so consult a qualified tax professional when necessary.
2. Explore the Fly High 50 Model Portfolio
The Fly High 50 is a continuously monitored research model consisting of 50 publicly traded high-income securities.
Each company profile explains:
- What the company does
- How it generates income
- Its reported and projected earnings
- Its dividend history and coverage
- Recent company news
- Important risks
- Annual and quarterly filings
- Links to official company resources
The Fly High 50 is a research model, not a pooled fund or individually managed account. You maintain control of your brokerage account and decide which securities, if any, are appropriate for you.
3. Build with Diversification
Diversification spreads portfolio exposure across multiple companies and industries. If one company reduces its dividend or experiences financial difficulty, the effect on the portfolio’s total income is limited by the size of that position.
The Fly High 50 demonstrates a broadly diversified high-income strategy. Subscribers may use the complete model or select individual holdings based on their own objectives, financial circumstances and tolerance for risk.
4. Manage Position Sizes
Position sizing prevents one investment from having an outsized effect on portfolio income. An equal-weight approach begins by allocating approximately the same amount to each selected holding.
Positions will naturally change in value over time. New contributions and dividends received in cash can be directed toward smaller positions when appropriate. Selling investments to rebalance can create taxes or other consequences, so consider the type of account and your circumstances before making changes.
5. Follow the Continuing Research
Review the Weekend Update each week for the developments that matter most, including:
- Earnings results
- Dividend announcements
- Changes to the Fly High 50
- Material company news
- Emerging risks and opportunities
- Consolidated income and performance information
Performance Tables allow you to compare holdings using important income and operating metrics. Earnings History shows each company’s results over the five most recently reported quarters, with current results added throughout earnings season.
Frequently Asked Questions
How are dividends paid?
Dividends of your self directed portfolio are deposited into your brokerage account. Most brokerage firms allow you to receive them in cash or automatically reinvest them into additional shares of the company that paid them.
Receiving dividends in cash gives you flexibility to withdraw the income or direct it toward other investments. Automatic reinvestment steadily increases the number of shares owned in the same company.
How can I estimate future dividend income?
Use the Dividend Income Calculator to create a hypothetical income-compounding illustration based on a starting investment, additional contributions, dividend rate and compounding frequency.
The calculator is for educational purposes. Actual results will vary because dividends, security prices, reinvestment timing and the investments selected can change.
How can I maintain balanced position sizes?
You can direct new contributions and cash dividends toward positions that have fallen below your intended allocation. Review position sizes periodically and consider whether any single holding has become too large relative to the rest of your portfolio.
Where can I find the latest research?
Featured articles provide broader education and analysis. The Weekend Update covers current developments affecting the Fly High 50, while individual company profiles contain company-specific research and supporting information.
What if I have another question?
Use the Fly High research assistant for general educational questions about the methodology, companies and information available on the website. You can also participate in the subscriber forum to exchange ideas and learn from other high-income investors.
The research assistant provides general educational information. It does not provide individualized investment, tax or legal advice.
How can I contact Fly High Investing?
Use the Contact page or email Info@FlyHighInvesting.com. We are happy to help with questions about your subscription, the website and how to use the available research.
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