The CDx3 Selection Criteria have successfully filtered out every financial institution that has failed during this credit crisis.  CDx3 Investors knew to stay away from Washington Mutual, IndyMac, Freddie Mac, Fannie Mae, Bear Stearns, New Century and Lehman Brothers from the beginning. September 2008 left many investors wondering where the bottom of this 14-month long credit crisis is; but those who invest in CDx3 Preferred Stocks* haven’t missed a beat.

The financial institutions that have failed were all filtered out by the ten CDx3 Selection Criteria (Preferred Stock Investing, Chapter 1). Might there be exceptions down the road, especially during this historic credit crisis? Sure. But, to date, there has not been.

No Dividends Missed: CDx3 Preferred Stocks have not so much as missed a single dividend payment – ever. And we’re talking about decades-long track records of quarterly dividend payments in most cases (see this month’s CDx3 Company Spotlight article below).

Washington Mutual, IndyMac, Freddie, Fannie, Bear Stearns, New Century, Lehman Brothers and the other smaller banks that have failed this year, not one of them qualify as an issuer of CDx3 Preferred Stock - never did.

For all of the market gyrations throughout September 2008, CDx3 Investors have continued to come out on top – month after month, quarter after quarter - cashing a steady stream of dividend checks.

How Is That Possible? On September 30, 2008 I published a summary of the CDx3 Income Engine titled “Quick Guide To Preferred Stock Investing During A Global Credit Crisis” and I'm making it available to you for free.

The Quick Guide, complete with real examples, is non-promotional and a very important read for those interested in preferred stock investing.

The opportunity in front of preferred stock investors is huge. If you choose to let this historic opportunity go by, do so because you feel that it is in your best interest, not because you are uncertain about how to take advantage of it.

September 2008 was important to CDx3 Investors for another reason.

What issuer of CDx3 Preferred Stock was founded in 1872, is a $22 billion bank with assets over $135 billion and avoided sub-prime lending, option adjustable-rate mortgages and complex debt securities and has seen its stock rise over 35% ($29.55 to $40.45, Sep 26, 2008) this year?

Answer: The same bank that, during September, issued the highest dividend paying CDx3 Preferred Stock in history – 8.95%.

It is also the same bank whose old-school CEO just fired off a scathing letter to Congress calling the policy-makers at the U.S. Treasury unqualified former Wall Street types who know nothing about commercial banking.

Here is the CDx3 Hall of Fame – the CDx3 Preferred Stocks with the highest dividend rates in history (8.875% or higher):

Three of the seven preferred stocks that have made the CDx3 Hall of Fame were issued this year, including the record-setting September issue. Subscribers to the CDx3 Notification Service received a CDx3 Buyer's Notification email message on September 8 identifying this record-setting CDx3 Preferred Stock.

Great EARs! Check out the Effective Annual Return (EAR) earned by the previous four, all over 15% to the CDx3 Investors who purchased them (for about $25) when they were issued (all have now been called except HPT-B from Hospitality Properties). CDx3 Investors are able to earn such high returns by following the preferred stock investment method described throughout Preferred Stock Investing. By knowing when, how and why to screen, buy and sell the highest quality preferred stocks, CDx3 Investors have multiple opportunities to add a nice capital gain on top of the above-average dividend income paid to them by CDx3 Preferred Stocks (see Quick Guide).

Trading Symbols: Want to know the trading symbols of the 2008 CDx3 Hall of Famers? Subscribers to the CDx3 Notification Service receive a CDx3 Buyer’s Notification email message whenever a new CDx3 Preferred Stock is issued. Subscribers are among the first in the world to know about these spectacular preferred stocks. The CDx3 Buyer’s Notification email message includes a CDx3 Preferred Stock Spec Sheet (see sample) with all of the particulars for each new CDx3 Preferred Stock issue.

The annual dividend rate paid by new CDx3 Preferred Stocks has been increasing since June 2007 (now at an average of 8.8%). Will the next CDx3 Preferred Stock break the 9% barrier?

* CDx3 Preferred Stock: CDx3 Investors are only interested in the highest quality preferred stocks and there are lots of pretenders to weed out. Applying the CDx3 Selection Criteria (Preferred Stock Investing, Chapter 1) will eliminate about 90% of the regular preferred stocks trading on today's stock market.

To be considered a "CDx3 Preferred Stock," regular preferred stocks must:

1. be issued by a company with a perfect record of never having suspended a dividend on a preferred stock;

2.  have the "cumulative" dividend requirement, which means that in the unlikely event that the issuing company misses a dividend payment to you (which I have never seen happen with a CDx3 Preferred Stock), they have to make it up to you later; they still owe you the money; and

3.  be rated "investment grade" by Moodys Investors Service.

Having specific and consistently applied selection criteria takes the emotion out of your investing decisions and leaves you with the highest quality preferred stocks - "CDx3 Preferred Stocks."

Subscriptions to the CDx3 Notification Service are now available for groups.  While an individual subscription costs $180, subscriptions for groups are now available for as little as $60 per member (more info).

When I speak to groups about the CDx3 Income Engine they ask how much a subscription to the CDx3 Notification Service costs. When I say "$180" they always ask "...but what about for all of us?"

They have a point.  For members of groups, $180 per person can add up pretty quickly.

So this month we are announcing the group subscription to the CDx3 Notification Service. When your group subscribes to the CDx3 Notification Service, you are allowed to copy (hardcopy or electronically) CDx3 Notification Service materials for the members of your group.

Here's how it works: Since groups come in all different sizes, large and small, we sell group subscriptions in "4-Member Packs." Each 4-Member Pack covers up to four members of your group and only costs $240.

Just get the number of 4-Member Packs needed to cover the members of your group and you're all set (more info).

It does not matter who your members are either; the 4-Member Pack covers any four members. We do not need (or want) to know the names of your members. So members can come and go. Easy!

By using the new group subscription, up to four people can subscribe to the CDx3 Notification Service for as little as $60 per person. Compared to $180 per person, the CDx3 Notification Service group subscription is a whale of a deal!

Group subscriptions are great if you are a broker or financial planner. Are you a member of an investment group? Learn something new! Or get together with another family member or friend; it just takes two to be a group! Current subscribers can save a few bucks this way too. Get a few friends to buy a 4-Member Pack and share the cost!

Brokers, Financial Planners: Have clients interested in preferred stocks (fixed-income investors)? We do all of the research and work, you just forward the professional quality CDx3 email materials to them; add your own comments if you wish. Expand your relationship with your clients.

Investment Groups: Tired of reviewing the same old reports at your monthly investment group meeting? Why not learn something new? Why now learn about how to select, buy and sell the highest quality preferred stocks? Make CDx3 Preferred Stocks part of  your group's portfolio.

Family membership: If there is even one other person in your family interested in investing, you're a group! Rather than buying two individual subscriptions for $180 each, buy a 4-Member Pack for $240 - that takes you down to $120 per person, a $60 per person savings. Do something new and different and do it together!

Already a subscriber?  All you need to do is get a few friends together and have them split the cost of a 4-Member Pack.  Everybody saves!

Find the number of members in your group on this sample table - see the savings per member?

When you subscribe to the CDx3 Notification Service as a group, the savings per member is pretty hard to beat - just like CDx3 Preferred Stocks! (more info).