08-02-2021, 08:46 PM
(08-02-2021, 05:40 PM)ken-do-nim Wrote: Here's what I'm currently invested in that has a 7%+ yield:
- OXLC, 11.34% yield
- RA, 10.76% yield
- NLY, 10.37% yield
- PCI, 9.35% yield
- PFL, 8.66% yield
- ARCC, 8.21% yield
- RIO, 7.94% yield (misleading, it's a semi-annual payer that jumps around payout-wise, but it's definitely good)
- HTGC, 7.41% yield, however this is a DGI and they try to raise their dividend often
- MO, 7.16% yield, also DGI
- HRZN, 7.01% yield
Now let's see if any are any good I'm going to use a 10 year DRIP timeframe and see how they do.
First, a baseline. Let's say you invested $10,000 in AT&T 10 years ago. How much would you have now? You'd have $16,698.77. T right now is sporting a 7.40% yield, so it's pretty comparable to these.
OXLC - not in their database, but over the last 10 years it has dropped from $20 to $7.34 so while it's on a sweet run now, long-term um no.
RA - starting date of 12/4/2016, but even with a much shorter time frame your $10k is worth $17009.89. In a 10 year frame likely much better; a base hit, maybe even a double.
NLY - $15,422.59. Swing and a miss! (since it didn't do better than T) I have it but I've already started to trim it.
PCI, PFL - mutual funds; not in their database
ARCC - $30,834.96 yowza!! I think that's a double.
RIO - not in their database, but up from $56 to $87 in the last 10 years, not including dividend reinvestment, so likely a triple
HTGC - $42,028.93 home run into the Monster seats!!!
MO - $31,166.97, another 2-bagger.
HRZN - not in their database. Up from $15.6 to $17.48 in the last 10 years, so with dividend reinvestment probably a solid hit
****
Edit: Bonus stock AGNC, with its 9.06% yield, which I sold last week, nets $20,254.19 so it's overall solid.
Oh, and ORC, which I cut last month, of the 15.66% nosebleed yield? Just $12,827.47 although it started in 2013. I say ground-into-double-play.
Man not to be critical but I don't like a lot on your list lol . It seems your eyes light up when you see 11% yield without knowing the risks .
For example OXLC pays like 6 cents lol. It may pay 11% which is a no no, but that yield of a whopping 6 cent payout isn't worth it. And I'm not a fan of investing in CLO's. For every $1 in assets OXLC manages, a bit more than 16 cents goes toward interest expenses, as well as advisory, administrative and other fees. That means OXLC needs to earn a 16% return on its investments just to pay the bills! Wow just imagine when that market crashes.
MO and RIO good and own them. The rest just not my cup of tea If you pull up a chart on most they are hit new lows 3-4 times over those 10 years. Maye if you time they right you can make money, but they already had there big runs and are topping out. .
And if you put 10,000 in just about every SP500 stock over the last 10 years then you doubled or tripled your money lol
10,000 in V 10 years ago is now worth 120,000