Private equity (PE) is a rich guy and gal favorite. PE firms find deals and deliver outsized dividends.
They don’t like dealing with common folk. So, PE shops typically set a minimum of a few hundred thousand dollars or so to invest.
But we contrarians have a better way! By tapping BDCs—or business development companies—we can toss as little as $20 into a PE payer.
Better yet, we can secure yields between 8.5% and 13.1%. We’ll discuss three examples today. Including one that is trading below book value!
If you’ve never heard of business development companies (BDCs), you’re not alone. There are only a few dozen publicly traded BDCs, and even the largest one would be a minnow in the S&P 500.… Read more
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