Carla Pasternak is about to reveal 3 high-yielding foreign ETFs that pay you every month. Buy any of them now and you will have your first check in August, another one in September, one more in October, and so on. You can get this list of ETFs free — but only if you request it by July 1st.

Dear Subscriber,

How a Grandfathers Gift to a 10-Year Old Girl Sparked a Lifelong Passion for Investing

In assuming the helm of the global yield-hunting service High-Yield International. Carla Pasternak is taking on a job she has prepared for all her life. This Brooklyn-born Calgary resident may have earned a wall full of advanced degrees, but her most important investment lesson in life came to her as a little girl.

For my 10th birthday present, my grandfather, who built a small fortune buying and selling New York apartment houses in the 1920s and 30s, decided I was old enough to learn about the stock market. He bought me 10 shares of AT&T to mark my 10 years of life on earth. They probably would be worth a fortune now, what with the splits and takeovers, but I was only too happy to sell them about a year later, so I could buy my first bicycle. I realized early on that the right investment could change your life. Thank you AT&T!

For Carla, investing has always been a family affair. Her grandmother was a stock picker too. She put aside some of the money her grandfather gave her to run the household and invested in the market. As Carla explains, She would shop at Macys, and see that it was always busy with satisfied customers. Then she would say, I want to own a piece of this outfit. She never went past high school, but her stock-picking strategies werent much different than those later advocated by legendary 10-bagger Peter Lynch.

The stocks her grandparents picked are still part of Carlas life. Her mother inherited them, and Carla now manages the portfolio. This money is a family heritage and Carla is determined to preserve her familys legacy assets. Thats why she puts so much painstaking research into every investment idea, looking at where the income is coming from, how secure it appears to be, and what the total return could look like down the road.

Her mother lives off her portfolio income so when Carla tells her subscribers that shes found a stock safe enough for her retiree mother, she means it. Its her own mothers money on the line, not just hers, and not just yours.

With her litany of advanced degrees (BA, MA, MBA and Ph.D.) Carla could have done a lot of things — and she has. Before joining StreetAuthority in 2004, Carla founded an investor relations agency. She wrote annual reports for public companies in her adopted hometown of Calgary. She worked face-to-face with the CEOs of many junior oil and gas producers that have grown into major Canadian income trusts, such as Penn West Energy.

She still gets a kick out of poring over the notes to the financial statements and teasing out where the money came to pay the dividend. She keeps in contact with the large crowd of Calgary-based executives and knows the numbers of these high-yielding energy trusts as well as the CFOs themselves.

Carla also taught college business courses for many years at Mount Royal College in Calgary. But her professor days are over, at least for now. Ive decided to give up teaching, because my newsletters are occupying so much of my time and energy. I figure Im teaching subscribers how to find safe high-yielding companies that are strong enough to deliver capital gains, too, so Im still teaching in a way.

Judging by the record 100,000+ subscribers who sign up for her class every year — and faithfully reenroll with their renewals — their teacher has a knack for the job.

As you may have heard, Carla Pasternak is taking over StreetAuthoritys global income-investing service High-Yield International starting with the very next issue.

If youre as curious as I am about what sort of high-yielding stuff Carla is digging up around the world, were all about to find out.

Carla isnt wasting any time. Shes already busy putting together her dream team of global cash cows she wants every income investor to buy ASAP. Shes anxious to get these picks out before the global stock market rally pushes down their yields any further.

Right now shes concentrating on safe ways to put a generous monthly check in your pocket. And that means shes looking at ETFs — not stocks.

Im not surprised. Only 10 stocks on the major U.S. exchanges pay dividends monthly.

But exchange-traded funds are a different story. 187 ETFs currently make monthly distributions. Do the math and youll see that ETFs make up 95% of your monthly income options.

Their yields are higher, too. Your chances of finding a yield above, say 6%, are three times as good with ETFs as with common stocks.

Fact is, if you arent using ETFs to capture a solid monthly income stream, then youre missing out on many of todays most attractive double-digit income generators.

When you buy an ETF with a monthly dividend, you might be surprised how fast your first check shows up. And surprised the next month, too, when another check arrives. After the third month, youll be spoiled — because its so easy to grow accustomed to this clockwork source of passive income.

For retirees, this is a game-changer. And its handy for everyone else, too. You now have an easy way to match monthly bills with monthly income. The days of struggling to get monthly income from your portfolio are over.

Thats why Carla is conducting a top-to-bottom analysis of the entire ETF sector — shes determined to add the safest high-yielding monthly ETF payers to her High-Yield International portfolio.

Shell include her favorites in Carla Pasternaks Five-Step Action Plan to the Worlds Highest Dividends: Foreign Stocks and ETFs that Every Dividend Lover Should Buy in July 2009.

Get a Steady Paycheck for Life

If youre nervous about putting money into this market, these super-safe ETFs should set you at ease with their generous and reliable income stream, coming your way month after month.

Right now, Carla is looking at an unusual ETF that invests in all sorts of bonds from around the world — including high-yield corporates in the U.S. and government paper from emerging markets like Brazil, Russia and the Philippines.

Just as looking for value stocks make sense in todays beaten-down market, this fund invests in the value side of the global fixed-income market. Emerging-markets bonds and high-yield corporates are paying much higher yields than usual. and this fund is passing them on to shareholders with its 10.8% yield.

Trading 11% below its net asset value, this ETF gives you $1 worth of assets for just 89 cents. Over the next couple years, as the global economy recovers, that discount will undoubtedly narrow. And the funds asset value should move higher, too. So youre likely to get a solid capital gain, while getting paid double-digit income to wait for it.

And you wont have to wait long for your first return. Buy any of the ETFs on Carlas short list, and youll have your first dividend check the following month.

The Only Way to Get at these Yields

A fund like this is the cheapest, easiest and sometimes the ONLY way to get at scorching yields in foreign markets.

Many great foreign stocks dont bother to register here. In fact, only a fraction of the thousands of foreign companies generating jaw-dropping returns for their shareholders are listed on U.S. exchanges.

U.S. investors couldnt touch these stocks a few years ago. But thanks to new foreign-focused ETFs, hundreds of money-making juggernauts are now within your grasp.

Now you can see why Im so pumped up that Carla is covering these money-making foreign offerings in her new Five-Step Action Plan to the Worlds Highest Dividends.

I advise you to reserve your own copy of the entire Five-Step Plan now. so you dont miss out on yields of 14.2%, 15.8%, and 18.8% over the next 12 months.

From Canadian trusts paying double digits. high-yielding foreign ETFs and closed-end funds. the absolute safest yields from around the world. to rare Chinese high-yielders. Carla spells out where every serious income investor needs to be now.

Her five-step action plan is for every income investor — whether or not they normally look for cash flow abroad. Shes still working on it (and will send out all five segments day by day as soon as she completes each one) but shes given me this sneak peek at what you can expect:

1.) The 3 best yield plays in China (High-yielders are tough to find in China but Carla has dug up three beauties)

2.) Carlas favorite Canadian Trusts (Carla has written a dozen annual reports for Canadian Trusts and knows their operations as well as their CEOs do)

3.) Top 3 ETFs that pay you every month (described above)

4.) Her 3 Safest Foreign Dividend-Payers (The safest of the safe. Shed put her 82-year old mothers money in these)

5.) The grand finale: Carlas Top Five Foreign Picks of All

Carla wants me to give away this list of foreign cash machines to anyone who joins her as she takes over High-Yield International. So I agreed — on one condition: you have to reserve your copy before Carlas July 1st.

Thats only days away. So sign up now to make sure you dont miss it.

One more thing: To thank you for subscribing to High-Yield International. Id like to give you an extra $100 off the half-price introductory rate that we give to other new subscribers.

For just 81 cents a day you can put Carla to work for you digging up the safest overlooked high-yielders on the planet. I guarantee you wont find th ese exotic securities on your own—or in any other investing service for that matter.

Im only offering this extra $100 discount for a few short days, as we spread the word in-house to our StreetAuthority customers. Once we open the doors to the public, on July 2nd, the discount will expire.

Please go here reserve your own copy of Carlas five-part survey of the worlds hottest income opportunities and to activate your in-house $100 discount today.

Your Most Obvious Money

Move Today.

Carlas logic is simple: Why keep your money in U.S. stocks paying 3.1% in a shrinking economy. when you can buy stocks yielding up to 18.8% in countries that are growing 5%, 6% and 7% a year? (That 18.8% payer is in Carlas portfolio right now!)

It just doesnt make sense. You dont have to settle for 1% T-bills or 2% CDs if you want a safe return. You just have to look overseas.

Believe it or not, the whole world is NOT going to hell in a hand basket. The truth is, this global recession is really not global at all.

Some economies have been hit by a sledge hammer. Others have been grazed by a pillow. And others never even slowed down for a minute.

In the next year, China is projected to grow +7.5%. India, +5.6%. Indonesia, +5.1%. and South Korea, +4.2%. And talk about yields! These markets are an income investors dream.

But investors dont seem to notice the difference. Every stock market in the world has taken it on the chin — no matter how well its economy is performing. And therein lies your opportunity. Because if youre willing to look outside our borders, youll find an entire universe of quality stocks on sale. And at these prices, they offer higher returns, lower volatility, and best of all. those jaw-dropping yields.

Carlas three highest-yielding foreign picks in her High-Yield International portfolio right now are set to pay their owners 14.2%, 15.8%, and 18.8% over the next 12 months — even if their share price doesnt move a penny. For every $100,000 in your portfolio, you could receive $21,100 in income a year — in addition to any capital gains you might make.

The Best Thing About the Market Crash

Foreign stocks have always yielded more than U.S. stocks. But now, because many of these markets have been hit even harder than our own, the difference is night and day.

Thats the silver lining of the global stock crash. Your paycheck for owning foreign dividend payers is easily double or triple what it was before stocks took their bear market tumble. And remember, many of these foreign economies are doing just fine.

A year ago, the Dutch oil company Shell, was yielding just 3.7%. Now its paying 6.2% and its hiked its dividend by +5%.

DHT Maritime out of the Marshall Islands, was paying 9.1% a year ago. Now its paying 18.3%. Thats $18,300 on each $100,000 you invest now.

Its the same story repeated around the world. Put $100,000 into the massive global electric utility Endesa right now, and youre locking in an annual payment of $15,350 per year. A year ago, you would have gotten just $5,900.

Do the same in Australian airline Qantas and youll get paid $15,800 per year — up from $9,900 a year ago.

Singapore shipping firm FSLT will pay you $27,400 on your $100,000 investment, up from $7,400 a year ago. Same story with Australian Macquarie International Infrastructure Fund. You can now get $19,900, up from $9,900 last year.

Escape the Cash-Flow Desert

Its a cash-flow desert here in America for anyone who needs to bank an income off their portfolio. The average U.S. stock pays just 3.1%. (We now have the stingiest stock market in the world, apart from Japans.)

While you can find the occasional high-yielding stock, odds are that anything paying above say, 15%, is a basket case. In fact, once you weed out the money l osers, only 15 stocks in the entire United States pay more than 15%.

Just 15 lonely survivors. But guess what? Expand your horizon a bit and its a completely different story.

Right now, there are actually 311 profitable companies yielding more than 15% — they just dont happen to be in the U.S.

15 here versus 311 abroad — where do you think the best hunting ground is for a yield-hungry investor?

95% of the jaw-dropping yields these days are abroad. Meanwhile, the dollar is weakening, boosting the value of those dividends month after month.

Now do you see why Im so excited that Carla has agreed to serve up her best foreign findings in High-Yield International.

Our Portfolios Are Already Surging

Look at the profits High-Yield International subscribers have seen in just the past few months. We bought these stocks between last November and this March, right in the teeth of the worst bear market weve seen since the crash of 1929. Yet as lousy as the market has been for most investors, our picks are solidly ahead: