Invest Like the “Smart Money” (And Get Paid 12.4% To Do So)

This retirement portfolio pays 12.4%. Which means, on a million-dollar stake, these stocks dish $124,000 in dividend income alone . That’s fantastic, needless to say! But are these stocks safe enough to actually retire on? After all, we’re not looking to collect a 12.4% yield and lose it in price. Heck, we’re not interested in losing capital at all . We want the 12.4% with stocks that are at least steady. Most common stocks would be in trouble if they paid 12.4%. But these are business development companies (BDCs) , which yield so much because they have a special carve out from Uncle Sam.… Read more