I did a like right away before finishing the video actually near the start of the video. Because I have never watched one of his videos where I did not learn something worthwhile and usually a lot worthwhile! Love this man's work and actually makes me look forward to Tuesdays.:-)

I would only invest in these if SUPER cheap and they’re not even close. Interesting to look at once in a while. Thanks for the video

Thanks for this very educational video on BDC's. 1. Underperforming the broader market, 2. capital depreciation and 3. ordinary income tax on the distribution. 3 strikes and you're out.

Hi, Chuck! Thank you very much for this video, for your toughts and explanations! I really appreciate it!

Well done and you nailed the dilutive nature.

Thanks Chuck for another informative video!

Hi Mr Carnevale, Ricardo from Brazil, here. I recently subscribed FastGraphs and it 's a wondeful tool! Thanks for yours videos and all the insights you provide us. Could you make a video comparing tech stocks overvalued to fairly valued ones? Thanks in advance!

Great video, thank you.

FASTgraphs shows the path of the price over the terrain of earnings and dividend performance.

Thanks, great info

you are the GREATEST human on this platform

Great video

Was just looking at these businesses🙌🏻

Thank you!

I believe the growth aspect for BDCs comes when you reinvest dividends or distributions. Does your calculations take this into account? If not, could you do a video to include the div/distro reinvestment? Thank you!

@pertainedorangeman3056

Жыл бұрын

That's what I was thinking too. If you reinvested dividends from Ares you'd have outperformed the S&P 500

@TheSmartLawyer

6 ай бұрын

​@@pertainedorangeman30561oo%

Hi Chuck, could you cover uranium stocks?

Thank you Mr Chuck. Recently I was interested with higher yielding stocks, there are more and more articles on seeking alpha and even youtube about these high yielding stocks (mostly BDC's and MLP's). I never purchased any, but was more interested in them.They are claiming dividends will stay flat, but there are 8-9% so you will match the market. But after this video it cleary shows that even couting this high dividend you will lose money on 90% of them lol and that is signifant loss

@Wolfhammered

Жыл бұрын

Not if the dividend is reinvested. You'll dollar cost average down and earn even more dividends.

Let me preface by saying I like all of your content and I haven't fully watched this video yet. I just paused it when you started reviewing Newtek. So like REITs capital for BDCs comes from new stocks being issued since they have to distribute 90% of income? I have two very small positions in ARCC and MAIN (0.4%) in my IRA with the goal of supplementing bond yields when interest rates eventually go down. I was basing my decision on a few factors including market capitalization and the holding percentage of institutional shares. Your FAST graphs has provided a better perspective on the risk. I had thought they would be like REITs, but REITs do have physical property as an asset while some BDCs have ownership in the companies. It seems like there are more intangible factors than I feel comfortable with compared to REITS that can't be captured in their financials unless I'm monitoring them more frequently. I'll keep the percentage under 1%.

Great video, thank you! I really like BDC's. There are 4 other BDC's I really like and would want to see: OCSL, FSK, HTGC, and GSBD. Is there any reason they didn't make the list?

@FASTgraphs

2 жыл бұрын

Brandon: thanks, this video was more of a concept video rather than the analysis of individual selections. For brevity's sake I only covered those that were requested and added a few visible BDCs. I covered more in the video I posted last year. You might check it out if you haven't already. Thanks again, Chuck

I have MAIN, HRZN, ARCC, AINV, mostly purchased during 2020, so all are green. Also RC (not on your list). With AINV & RC I'm collecting dividends and doing covered calls so they might get called away soon, but that's ok. Added NEWT a few months ago. So far, so good. Thank you! :)

@Nemo-yn1sp

Жыл бұрын

Thought I'd update (Nov 11, 22) since this popped up in looking for info on NEWT to know why it's so far down. AINV became MFIC; I did well with price appreciation and dividends for about 18 months, but didn't feel long term confidence in it. Moved the cash mostly into MO & MAIN.

@briancrizaldo7640

Жыл бұрын

@@Nemo-yn1sphow’s HRZN doing for you? I’ve been thinking about investing in that one as well

Great lesson! I do not have any of the listed, thought I was interested in the firm such as MAIN. I am wondering is BBC type stock can be purchased in IRA funds?

@Nemo-yn1sp

2 жыл бұрын

Yes, better in an IRA because the distributions are not taxed until they're withdrawn.

Where is CSWC which is actually responsible?

Does comparing these companies against the S&P 500 a fair bench mark? You start about every video reminding us that the S&P 500 is overvalued. How would these comparisons change if the S&P were fairly valued?

How about HFRO cef ‽??????

Thanks for sharing your analysis but how are these Dbcs to be used / held? That’s not clear from the video

@CP-qg4ks

2 жыл бұрын

BDCs are best held in a tax sheltered account like IRA

Chuck, could you increase the resolution of the video? it is a little grainy. Thanks

@FASTgraphs

2 жыл бұрын

Khai Phang: I do not have a problem with resolution. Are you sure you are looking at the video on the highest quality setting. You can click on the settings cog and adjust the resolution of the video. Let me know if thhat works. Regards Chuck

Just in Main steet invested

Thank you Mr Valuation! Would you consider doing a video on Retail stocks ( Stocks Like Big Lots (BIG), HIBB, ASO, Foot Locker (FL) , LazyBoy (LZB), Sleep Number (SNBR). Thank you!

In this enviroment ARCC has earned me a lot of money. A lot others are down.

You forgot to mention HTGC, which beat Berkshire Hathaway on a total return basis over almost any timeframe. You can't paint all BDCs with the same brush.

I just started looking into this yesterday and there's like a thousand times more info left out this is no good I first learned most important things is why and how they are structured which is complicated have to know all of this first why don't they have to pay taxes on there profit and why do get 90 percent return to me aum effect your turn understand why government let's BDC not pay taxes on there profit I never new how many companies are barely making enough profit to put their interest private BDC shadow banks the government buying corporate buyers and why they did it the more I started learning this the more I couldn't stop around 15 hours reading things over and over ask why this why that most were from free article like two then they what you to pay it's the perfect time too learn now that we are in technical recession this must be the reason why people said that I'll keep raising rates to get inflation down until something breaks I feel some dumb this the end of my 15 hour trianing it all coming together I don't think anyone will read this I am retired I let my 401 and 403b investing for me and I didn't really look at like 4 times a year I started learning last year watch CNBC more then a year put all my money in stable account only 2.56 return around 600000 I had some good returns 14 percent 16 percent COVID hit just before retirement lost around 60000 back to even by September started looking at my account and I had 75% in stocks intermediate bonds I started investigating my 13 options only

@mitchellchristianson8120

2 жыл бұрын

Me again half ok rest not I keep looking at dodix intermediate bond I had 25 percent in at the time 9.87 percent return before end of year split between mwtix and dodix around 8 percent I believe the market went up in some of the funds available to me anywhere between 19 and 34% I wanted get back in I looked over and over these mutual funds and I had never seen anything in their charts in last 10 years going up like this did some research sold mwtix brought ddoix all my money did more research sold all of end of a quarter I understand that was once in life time when interest rates so low that I made that much of a return on dodix that normally pays around 3% because of where interest rates were I am waiting July 2nd 2022 I will be getting in the market slowly after the core inflation report coming out in July you have to do your due diligence like everybody says and learn on your own analyst and their price predictions are still so far out of whack it doesn't even make sense And stock down alot last 6 weeks 78 their new price target they brought down new numbers between $102. 97 dollars I also got a book from market rebellions free these guys are smart as s*** The more I learn about the stock market the more I understand what there are so much you don't see unless you look for it so long like the mafia it really is and a lot of stuff it seems to be almost able to me in a lot of ways but I guess That's what volatility is and that's what drives the market number one rule One more thing I thought about today is China's shadow banking they don't not like corpto Even though the government says you cannot own crypto can the Chinese government try to collapse the crypto market and make money at the same time why not they hack are computers all the time I understand the corporate market is worth not one trillion dollars right now which isn't a lot of money when you consider Shadow banking it's about 60% of the GDP of China's economy for one year in the trillions