Let’s talk income investments that are usually reserved for rich folks: deal-making private-equity (PE) funds!
Usually there’s a sizable fee to get into PE. Unless you know the secret knock at the back-door entrance, which is more our style anyway.
I’m talking about yields from 7% all the way up to 11%. With a cover charge as low as $15!
These business development companies (BDCs) exist thanks to a perfectly legal loophole that lets anyone with an IRA or brokerage account tap into not just one or two private-market companies, but dozens at a time. Instead of shelling out hundreds of thousands of dollars to hit a PE fund’s minimum buy-in, this access typically starts at about $15 to $20 per share.… Read more