Let’s talk about a “rich guy loophole” that you and I can take advantage of—and bank dividends up to 12.5%.
And no, I’m not going to ask for your most recent tax return or W2. These are perfectly legal “backdoor” divvies trading between $10 and $20 per share. A sweet setup by Congress has these payers yielding between 10.5% and 12.5%.
The secret is the business development company. BDCs provide capital to small and midsized businesses. These firms often invest alongside or after venture capital. They are “kinda sorta” like private equity firms, but available to everybody (as in, we don’t need a half million in liquid assets to invest).… Read more
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