Savvy investors know how to be creative and seek rich yields in unusual places. With the average S&P 500 stock yielding less than 2%, you have to explore off the beaten path to find big dividends. Luckily, there are little explored corners of the investment world where great yields can still be found. You just need to know where to look. Carla Pasternak is an expert in this area. Every month her High Yield Investing newsletter searches out exceptional yields and, more often than not, she finds them in unusual places. Here are four high-yielding asset classes… Read More
Savvy investors know how to be creative and seek rich yields in unusual places. With the average S&P 500 stock yielding less than 2%, you have to explore off the beaten path to find big dividends. Luckily, there are little explored corners of the investment world where great yields can still be found. You just need to know where to look. Carla Pasternak is an expert in this area. Every month her High Yield Investing newsletter searches out exceptional yields and, more often than not, she finds them in unusual places. Here are four high-yielding asset classes Carla recently highlighted in her newsletter. Most are unfamiliar to the average investor, yet each offers hefty dividends. 1. Business Development Companies (BDCs) BDCs are the 21st century version of venture capital funds. There are only about three dozen of them out there, but most pay sizable yields, with a few exceeding 11%. BDCs make loans to small companies, often taking an equity stake as well, and pass the income along to their investors. BDCs paying great dividends right now include Black Rock Kelso (Nasdaq: BKCC), which yields 11%, and… Read More