06-25-2023, 01:19 AM
(06-24-2023, 07:50 AM)rayray Wrote:(06-23-2023, 01:11 AM)crimsonghost747 Wrote: I completed my regular monthly purchase of BAM earlier this week.
Still maybe another year or two of buying it monthly with a small amount.
did you own BAM prior to the BAM/BN spinoff?
No. I was interested in it for a long time, and regularly did some reading on it, but it was extremely complicated to understand (I still don't fully understand how BN works) and the yield was always very low.
I think the spinoff fixes a lot of the issues that stopped me from buying before. This new BAM gives me exposure to the Brookfield empire but it's much easier to understand, the dividend yield is good, and while its earnings are of course impacted by the value of assets held under BN, there is no direct exposure to the assets since BAM has pretty much only zeroes on their balance sheet.