The Income Strategist Behind the “29% Account”
Marc Lichtenfeld is the chief income strategist at The Oxford Club and the editor of The Oxford Income Letter, the service behind the “29% Account” promotion. He is best known as the author of Get Rich with Dividends, a book that lays out a systematic approach to dividend investing built on buying companies that raise their payouts year after year.
His framework is simple and memorable: find companies that combine a solid yield with a long track record of raising dividends, then let compounding and reinvestment do the heavy lifting. That is the intellectual foundation for the “29% Account” pitch, even though the specific pick, Texas Pacific Land, is a different kind of animal than the dividend growers he usually recommends.
Why the Royalty Angle Fits Him
Lichtenfeld’s dividend approach naturally extends to royalty companies. A royalty or streaming company collects a top-line share of revenue without the operating burden of running a mine or a well, which makes its cash flow more stable and more suitable for income investors. That is the appeal of Texas Pacific Land and Wheaton Precious Metals, the two names in the “29% Account” promotion.
The track record also shows the learning curve. Lichtenfeld previously recommended Permian Basin Royalty Trust, a net-profits structure that had a rough 2023 and 2024, before upgrading his readers to Texas Pacific Land, a true royalty. That progression is a real, verifiable detail, and it is the kind of fine-print distinction we focus on. We cover it in our PBT stock explainer.
What It Means for Readers
Lichtenfeld is a genuine income-investing specialist with a well-established public record and a respected publisher behind him in The Oxford Club. His core framework, buy companies that reliably raise dividends, is sound and widely applicable. The “29% Account” promotion is a somewhat different pitch from his usual message, and reading the distinction between capital gains and income is the key to evaluating it fairly. See our Oxford Income Letter review for the full breakdown.
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