1Yr·

Does anyone know these three BDC's more closely?


$BKCC
$GSBD (-0.2%)
$BXMT (+0.86%)


The idea would be to buy each at 1000€ and collect 10% dividend each year. After 10 years you have the stake out. After that there is everything "on top"!


I am aware that the titles are not growth rockets.

But I wouldn't care, because the companies Goldman Sachs, Blackrock and Blackstone are all heavyweights, I don't think that they will be total pipe-droppers in the future.


Am I missing something or would it really be that simple?

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That, or put it all in chicken farms 👍
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Now that's kind of a snap idea.
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Theoretically, of course, this is possible. Practically, things like Evergreen, Corona and Attack War happen in a short time. Advantage would be of course not to take BDC's from the second and third row, but rather $ARCC $OCSL $HTGC. $GSBD is not really small, but performs rather so-so. REIT's might also be something for you.
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My thought on this: I have invested 1000 euros each in Ares and Hercules Capital and 500 euros in Goldman Sachs BDC. High dividend, of course more risk. But the dividend was also paid regularly in the past, so I would look to get in at a favorable price. For safety I have boring stocks like P&G, Microsoft. Good luck!
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What good is 10% if the value of the individual share sings? So sometimes I ask myself...
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I have the $BXMT. The idea was high cash flow and rather sideways running course. Has not quite worked out because of the issues the last few years! 😂 Currently -35% with me in the depot!
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$BXMT is, as the name suggests, a mortgage trust and not a BDC so belongs in the direction of $AGNC and in times of rising interest rates rather not so great The one from Goldman is okay but would rather prefer the established ones like Hercules and Ares
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In short: No. Calculate your high yield stocks vs. CAGR of a simple $SPYD on 10 years. Look at the total return, price gains + growth (+div. growth), take the median and add the desired time factor. The short form: after 10 years, the $SPYD probably already yields more due to the CAGR and your personal div. return.

I do not calculate it for you now, but take it as food for thought, I recognize my beginnings there again 🫣 You usually buy something like that at most in the sideways movement, if you are already wealthy. To build up assets, you take your own pond bluechips or etfs that are slowly but surely moving from the bottom left to the top right in a nice trend channel. No high-yield divi advice 😅
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Has anything come of the idea
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