Does anyone know these three BDC's more closely?
$BKCC
$GSBD (+1.56%)
$BXMT (+0.56%)
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?
