What the Promotion Actually Sells
The Oxford Income Letter is Marc Lichtenfeld’s dividend and income-focused newsletter, published under The Oxford Club umbrella. The “29% Account” promotion sells a one-year subscription for $99 with a full-year refund guarantee, a genuinely generous risk reversal by industry standards.
The pitch opens with the gap between what banks pay savers and what banks earn for themselves, then introduces “America’s Secret Trust Fund,” an “account” that “averaged 29 percent a year going back decades.” The reveal is Texas Pacific Land, with a bonus pick in Wheaton Precious Metals. Both are real, high-quality companies, and the offer itself is fair.
The Strong Parts
Lichtenfeld is a credible income strategist and the author of Get Rich with Dividends, a respected book on dividend investing. His core framework, buy companies that reliably raise their payouts and let reinvestment compound, is sound. And the underlying pick is genuinely good: Texas Pacific Land is a tax-efficient, near-zero-cost royalty on West Texas energy and water, and moving his readers to it from the weaker Permian Basin Royalty Trust is a real upgrade. We cover that progression in our PBT stock explainer.
The bonus pick, Wheaton Precious Metals, is also a high-quality streaming company with a strong balance sheet, even if its 0.5 percent dividend makes it an odd fit for an income newsletter. See our Wheaton breakdown.
The Part to Read Twice
The central framing is where the caution belongs. A “29 percent account” sounds like a yield, but Texas Pacific Land’s actual dividend yield is around 0.6 percent. The 29 percent is a long-term average of share-price appreciation, and it is tied to the fracking boom that transformed the Permian Basin. From 1980 to 2000, the asset returned about 2 percent a year. If you wanted to live off the 29 percent, you would have to sell shares. We lay out the full math in our Texas Pacific Land breakdown.
That does not make the pick bad. It makes it mislabeled. TPL is a high-quality energy and water royalty you buy when oil sentiment is weak and hold for decades, not a savings-account replacement.
The Verdict
For $99 with a full-year refund, the Oxford Income Letter is a reasonable way to follow a credible dividend strategist, and the featured pick is a genuinely good asset. Just go in understanding that the “29 percent” is a capital-gains story wearing an income costume, and evaluate the recommendation on those terms. See our Oxford Club publisher profile for context on the publisher, and our ASI Fund review for another Oxford Club offer.
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