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Oxford Lane Capital FQ3 net investment income dips from Q2 (NASDAQ:OXLC)
Watchlist For 8/18/2021 -- Amazing Value Plays Galore
Looking for a high yield stock to invest in for a year. Asking for a friend (The friend is your mom. She's here now and we're smoking a cigarette. She wasn't that good.)
Mentions
So... Should I buy OXLC now? 😅
Yeah. It’s natural not to believe that your decisions are wrong. I made a big boo-boo with OXLC, which is now down 45%. I stopped averaging it down and now just riding it, looking at the big red
I look at past total returns before buying. For example MAIN vs OXLC. I like stocks that appreciate in NAV and pay good dividends. MAIN had beaten VOO for the last 5 plus years. https://totalrealreturns.com/n/OXLC,MAIN?start=2025-01-01
"I'm wondering if the NAV will tank anymore in the next 3 months." It went public in 2011 and it's now $3 and change and that has been in pretty much a straight line. "Is it safe or risky to buy a bunch of shares? " It has consistently gone lower since going public. "I still think this is a very high yield given how many shares I can buy at this low price." Dividends come out of the share price and are taxable. This is clearly not outgrowing the yield and so it just. keeps. eroding. "OXLC had a 26% yield," A 26% yield is almost certainly not going to be a sustainable yield over time.
I am invested in PBDC 9%, SPYI 11%, ARDC 12%, QQQI 13% and am considering adding EIC 10%, ACRE 12%.OXLC 25% BITC 24%. SPYI and QQQI do best when the market is uncertain. And the other have some interest rate risk but overall I think you will find the risk is lower than what you imagine it to be. But if yours a wide variety of fund that invest their money differently you have a very good chance of getting a stable predictable income. Even if one has some problems. I also keep some money in growth index funds as an emergency backup and reinvest about 20% of my income to hopefully keep up with inflation. The rest is used to cover living expenses. I am retired. JEPQ and QQQI invest in the same index and and used covered calls to generate income. But QQQI takes an extra step to lower the tax you pay on the dividend and you get a slightly higher dividend. So I sold off JEPQ.
Also note that if you exclude covered call funds. there are some great yields at th 10% level. or even higher. There are a few like OXLC with 20% yield. it doesn't use covered calls for its 20% yield.
Looks like they are averaging about 10% @ year over the past 10years. maybe even a little higher - So basically your net worth and age determines if its a great move. It do seems to have a 20% Corrections aver so often - maybe every two years. Question is did the blip this year count if not it may be two good years coming. How does it compare to QQQ or maybe some good Positive growth 8% Dividend stock sadly I like the higher 20% Dividend Losing value Stock. in 5yrs VTI & QQQ faired about the same doubled in 5 years, thats more than 12%??? but in the past 5years QQQ have out performed VTI by a lot. vti (105 - 305) QQQ (100 -550) So Looks like timing is everything. and is your Long term 5yrs or 10yrs. cause you gonna get a 20% Correction and almost no Dividends to show Ive had $ET for a long time . . 10yrs chart is pitiful, but the 5 year chart is awesome I almost sold it and yep it dropped $3 from its high. Adding price growth dividend growth gives you a lot of security. $ET Yield has dropped to $7.5% because of its rise in Price so I'm thinking when I first start buying it it was paying 15% or higher. so in the past 5year the shares have doubled and the price have gone from (5.5 to 19) thats gotta be a better record than the index funds. Now on the other hand I have chased a lot of %20 Dividend stocks knowing the price will plummeth. OXLC, ARR, VOC, and probably 20 others. Just bought a liltle more of VOC But $OXLC have paid %20 for the past 3 years. price have went from $8 to $4.25 but over 5 or 10 years price wise you would be about even. but one time it was over $15 Again Timing is everything of course If one was a genuis they would sold near $12. but most probably was buying. thinking it was going to the moon. Now at $4 I'm Praying it gets back over 5. cause every 3 years my shares double. I feel if it holds close o 5 there will not be a reverse split or dividend reduction. I bought the bulk at $7.70 thinking it was going to the moon. added a little at $5.25 and some more at $5 think this has been since 2020 I'm 65 so its gonna be about time to collect the cash instead of re-invest. Age and timing we usually get both of those wrong (well I did) But $ET & $OXCL are bright lights. $ARR just now turning around but over 5 / 10years huge looser in price Bottom line VTI & QQQ chart looks about the same over a 10+year Period. Do you have the time to ride for another 10 years, then buy and hold, but a few 20% corrections coming
For Starters the equity market is the the stock market some stocks pay dividends and other do not. Would BANK not outperform XEQT assuming both are using DRIP? Yes it can however there are two things that result in growth dividends, and an increases in share price. Total return is dividends +share price appreciation Now for much of the stock markets history the the best way to get a good total return was to literally invest in everything. So the best investments were index funds that buy all the stocks in an index like the S&P500. it you have 500 stocks you get he average performance of 500 stocks which is about an average of 11% total return. Howeer the market has been changing slowly over time. dividend for many companies are smal which made dividend less attractive due to ther lower total return. But over time new assets have come on the market. 40 years ago there was no options trading. Business development cooperations or llon obligations. These are now available to the avers investor through ETF (exchange traded funds or Close end funds. And these trade on the stock market. And many of these fund or BDC actually pay dividends to be high enough to have a total return of competitive with index funds. Many inv esters don't realize this has happened. For example ARCC is a BDC that started doing business about 20 years ago It has a a9% dividend and not much capital gains. Since its founding it has performed slightly better than the S&P500 market IF all the market corrections (2008 market crash, Covid, and this years correction had not happened the S&P500 would likely be ahead. The only way index funds can stay ahead of ARC is by a sustained continuous Bull market. But that had not occurred in the entire history of the market. And in the last 10 years there have been a number of new covered call funds, these funds use an option known as covered calls to generate income. with these funds you can get yield o 5% or more. There are a couple near 100% dividend yield. then there is OXLC a collateral loan obligations fund that is yielding about 25% Now my personal opinion is that anything with a dividned of 20% may not last form many decades but if you restrict yourself to funds with a dividend of 15% or less you should have a dividend portfolio competitive with growth index fundsAnd since dividend funds tend to do better in bear markets verses bull market i would devote 50% of a regiment portfolio to dividends and the rest growth index funds.
Many people of reddit assume two thing about investing. * People only invest for retirment * that the best return possible is always index funds which pay almost nothing in dividends. which have an average retune of about 10% per year. Both of these assumptions are not true. There are dividend investments that produce returns of 10% or more ARCC is one example. The company has been paying a 9% total return of about 9% for about 20 years. OXLC pays dividned off 24% since 2011. And you can make money trading covered calls indefinitely. SEC only recently started allowing ETF that focus on using covered calls for income. SPYI has 11% yield, QQQI 13%.BTCI 20% Now granted some of these funds have not been around long enough so we don't know if they will last as long as the index funds many prefer. So some dividned ingvestor assume that some of there funds will fail. So they have 20 fund or more for income that way if one fails or has problems it represents only 5% or less of the investments. Fortunately fund failures are very rare. Also not everyone is investing for retirement. So they put their money in taxable accounts so they can access the money at any time. Some people want supplemental income in case they loose their jobs. Others may want enough income to cover bills mortgage payments or other things. Funds like SPYI and QQQI are very useful in these cases because the high yield lower the amount of money needed to reach the goal and these funds take extra steps to lower the tax on the dividends you receive. So the recomendation to use growth funds until you are old is totally outdated advice. Use dividend income whenever it suits your needs better than growth investing. IN my case I was burned out from work and had a healthy retirment fund and had a lot of growth in taxable account. So I reworked the taxable for dividends for income using dividneds I now generate 4K of income to cover all of my living expenses. With another 1K of income that is reinvested to allow my account to adjust for inflation. I retried at age 55. but others have done this at age 40.
For a good distribution yield you want a company that makes more in profit than it pays out as a diviedend. A bad distribution yield is one that pays out more than it makes. Or one that uses a loan to pay the dividend. Also don't use the yield as guid to a good or bad dividned stock. Many do this and they generally assume that if the yield is higher than the government b and rate it is unsafe. And yet you have compass OXLC that have payed a dividend it dividned for 14 years at a yield of 23% AR% And it is not hard to find companes that are struggling financially and pay a yield of 1% Basically you hav not look at the companies earning report and look at there profit and compare that to there expenses. The yield number honest tall you anythng about the stability of the company. Many buy individual stock but I like to buy ETFs that pay a dividend such as UTG6.7% yield, UTF7%, SCYB 7%, pFFA 8%, PBDC 9%, SPYI 11%, QQQI 13% ARDC 12%. I have a small ammount in individual stocks. My current income is about 60K a year. I don't automatically reinvest my dividneds. They go into a Cash account. 4K a month goes to living expenses. Mush of the rest in automatically spit up and use to buy a little bit of each fund I own. Generally I only sell shares when I don't wan the fund or stock any more.But am also moving funds from a 401k into a roth so I do pay capital gains on that. Since retiring I estimate my tax based on 401K roth convrsion ammount, may expected income, andanthing else I plan to sell. Make quarterly payments to the IRS and then in April I either get a refund or pay a little pit more.
QYLD at these levels adding to already overweight position held covering expenses and RMD along with ARCC,STWD,ABR,OXLC,AGNC. Key point is buying these on dips as dividends paid out melts the NAV . At age 76, retired, willing to take risk in view of reward, I am enjoying the ride. All traded in IRA,dripping and constantly vigilant for opportunities. The power of compounding and the rule of 72 work very well for me!
Why people cant see OXLC? This stock is paying 21% dividend for over 7 years now
NEVER been a better time to be cash gang Half of my money is in SRLN and OXLC for those sweet dividends Should have gone all in at the end of the year like I told myself
Buy OXLC Every 5k you put in = $90 per month It never trades below 5
> OXLC trading @$5.12 and pays .09 dividend per share per month. That's a 21% Divy and it's declared until at least through June. Then probably going up after that . It's been going up every 18 months or so. It's easymoney any drawbacks to this stock? 0.09c divy per share per month is huge... yuge!
> OXLC trading @$5.12 and pays .09 dividend per share per month. That's a 21% Divy and it's declared until at least through June. Then probably going up after that . It's been going up every 18 months or so. It's easymoney whoa
OXLC trading @$5.12 and pays .09 dividend per share per month. That's a 21% Divy and it's declared until at least through June. Then probably going up after that . It's been going up every 18 months or so. It's easymoney
Throw it all into a dividend stock like GAIN or OXLC. OXLC pays monthly dividends of 21% right now. I’ve had it since COVID and enjoy the dividends.
OXLC pays me 20% monthly. Stock doesn’t really move but the dividends are juicy.
Well like all things there are risks. But I hate when someone says something that's not true. At first look OXLC is down significantly since 2011. If you bought it for it's dividend that appears to have started in 3/13/2013 you'd be down from roughly $16 to today $5.25. $14.75 loss per share. Seems bad. Oxlc has changed their dividend every few years. But with their first dividend that was quarterly you would have made back $11.30. paid quarterly over a few years. Then they switch to a monthly dividend, it paid $4.05+ $1.215 +$1.35+$0.96 +$0.27. per share. Broken up and distributed monthly. ($7.06 over monthly dividends.) So even if you took out all the dividends without reinvesting. You'd have made $18.36, more than the stock was ever worth. If you reinvested into the depreciating asset you'd have been earning compounding interest. You'd be up significantly. So let the haters hate. My largest complaint about oxlc is that it's a foreign investment and thus never becomes a qualified dividend. (You always get taxed at your income level instead of long term gains). This makes it better in a Roth IRA than in a normal IRA where there isn't a tax burden. None of this is financial advice. There are risks, welcome to investing. But saying it wasn't a good investment isn't true and it's current earnings would also support a yet higher dividend yield increase in the future. They earned .41/share last quarter while paying out .27/share. It's good to ask for opinions but never just take one person's opinion, even mine. If you're investing you're already on the right path. Good luck.
I have seen funds like OXLC which are paying crazy dividends. Bad long term history but great dividend. If you catch it at the bottom may be a winner but def not on the safer side.
Are we talking OXLC? I like the 20% div but just worried on the risk.
That would be over 26% interest or dividend payment. That is highly improbable to be able to find something that high that doesn't also carry a massive risk. You could get around to 20% dividend with a stock like OXLC but that would only amount to about $450 per month and there's still a pretty good likelihood stock price itself will decrease as well as a chance to dividend would decrease in the future
I bought OXLC in June of 2020, and added as it dropped for a few months. Then it started making it's way back up. My average is $4.06 , my shares are paid for, my profit is up, and I collect a monthly dividend. Easy money, just don't go overboard with buying shares.
If he had put the full 700k into OXLC he would be getting close to 120k in dividends per year
CLOs are structured products. They are made up of the pieces of bank loans. JAAA is a really low risk credit fund because it owns the safest parts of bank loans. OXLC is an equity position of a fund that invests in the riskiest possible parts of bank loans. BKLN just owns the whole damn loan.
TLT is long Treasury duration and no spread risk. Bank loans are no Treasury duration and long spread risk. CLOs are whatever they want to be. OXLC is an equity position in a CLO fund. It is like the farthest you could possibly get from TLT while still being sort of fixed income. Comparing yields like that makes no sense. Comparing price return like that makes no sense. They're nowhere close to the same thing and they aren't supposed to look alike, so it's no surprise that they don't.
Ah thank you! I missed that it was a CEF with leverage that makes sense. Except below: “Of course, that is good news for us Income Factory investors, because it is the equity tranche in these CLOs that we are interested in as candidates for our portfolios. Two closed-end funds that I have held in my own Income Factory for several years with good results are Oxford Lane Capital (OXLC) and Eagle Point Credit (ECC), both of which invest in the equity of CLOs. In fact, they were the first two closed-end funds to introduce CLO equity investing to the retail investment market, it previously having been limited to the institutional investing realm. ” Excerpt From The Income Factory Steven Bavaria This material may be protected by copyright.
OXLC and ECC are CEFs that use leverage on top of CLOs. There are now CLO ETFs, which may not be mentioned in income factory. JAAA, JBBB, CLOI and CLOZ. Without the leverage the pure CLO ETFs are less volatile than the CEFs and also Senior loan ETFs like BKLN and SRLN,
Yeah but let’s take TLT, much lower yield, but has gone up 1.52% over the last year, compared with OXLC which has gone up 1.66% over the last year. This is not including the 19.6% div for OXLC and 3.93% for TLT.
CLM, CRF, OXLC, ECC and ACP shares are relatively stable and low cost. They will get you approximately 16%-20% yield and pay monthly. Dividends are consistent, although CLM, CRF resets its dividend at the end of October for the new year starting in January. Another more aggressive option is QDTE which is paid weekly with around a 41%+ dividend. Remember that if not held in a tax deferred account you may need to pay quarterly taxes on the dividends. You may want to consider doing a DRIP to acquire more share quicker. Divide the amount by equal (or however you want) amounts in each of the above. You could also add in a high yield long term CD or TBill, if you feel you need some feeling of security.
Never have I been more glad to be broke. I have a share of DIN that's lose about $4. OXLC that's down 30 cents from where I bought it. (And a share of BIOCQ I bought with some leftover after another buy months ago. Am I going to have this 0.0001 cent share in my portfolio forever?)
Pay the tax If you are worried about losing money, HYSA or CD’s will get you about 5.5% with safety. Look at CRM, CLF, OXLC, ECC will get you 16%-20% with minimal risk. Use the dividends to buy additional shares or other funds. If you are willing to risk some take 10% of your total and invest in some YieldMax ETF’s. Don’t worry about market fluctuations, you only realize gains or losses when you sell. The idea with YM is to buy and hold and collect the 40%-110% dividends monthly.
I'm waiting to add to my position. If history repeats itself, OXLC will be in the mid to upper 4 range once everything finally comes down. Tech is dropping. Everything else shortly,in my opinion will also drop. I have a completely different approach to these funds now. The goal is to just add at the lows and hold at the highs. Collect the income,get maximum yield on cost. Patience pays to wait. At 4.90/share, that's a 22% yield on cost with the distribution increase. I'm seriously considering à portfolio of just OXLC,ECC,EIC,OCCI, XFLT,GOF,FCO, SVOL Maybe skip OCCI as it has yet to recover to 2023 highs or buy a large position in the 6 range or less. ACP as well. It may be down 66% since inception but for me it's been an 18-19% yield stock that goes back and forth from 6.60 to 7/share and pays 0.10/share monthly. It'll probably drop back to 6 or less and that would be the time to add to the position. I've set my portfolio up to take advantage of crashes. I just added an additional 62% cash to the portfolio. With these types of cefs ,they're boring but they do exactly what I want=produce income without the need to baby sit The pricing on these are fairly predictable as far as identifying bottoms as they behave the same way every year. OXLC drops to to the mid to upper 4 range Not a big deal. I expect it now. I just wait to buy low. Then,you're pretty much set,barring a catastrophe. I have a few Yieldmax and options etfs with megayields. Im not sure they're worth the risk when you have easy,income producing,low volatility stocks like these. Every 250k produces close to 50k with minimal volatility. May dump the options etfs altogether. OXLC ECC EIC CCIF XFLT ACP GOF SVOL=cream of the crop high yield in my opinion
I had to look it up because it seemed so crazy. OXLC managers get paid a 2.85% management fee + 20% of profits. That's absurd, find something else.
I only buy OXLC at 5/share and under. It may never recover to its 2021 or pre-Covid high but it flucuates back and forth from the 4 to mid to upper 5 range since I've owned it for the past 2 years. At 4.44 to 4.90/share I love OXLC. I'm about to pour rental property proceeds in it when it comes back down to the 4 range There's a way to play high yield. The people who bought pre-Covid and held didn't understand the importance of risk management. OXLC is not a stock market index fund. It's benchmark is the leveraged loan index. So,for me I love OXLC and I can almost guess the price on a single day. It's almost like q bond that acts like à stock. You don't buy it for major mind blowing capital appreciation. You buy it for cash flow Anyone that held during Covid shouldn't be investing in any cefs...as 99% dropped and never returned to 2021 highs
I love OXLC at 5/share and under. I have rules about when I buy it to protect my principal and maximize yield on cost
All of it in OXLC, easy passive income. Drip that mf too and 👀👀👀👀👀👀
Listen some people during Covid weren't smart enough to click sell and got obliterated and many etfs and cefs never fully recovered. I bought OXLC at 4.80-4.90/share. It has traded in the 5 range most of the time I've owned it with a brief test of the 6.20s. It hardly moves I can practically guess the price. The lowest I've seen it drop was the 4.40s. It also has positive 5 year cumulative returns and has had 2 dividend increases in the last 2 years. That's what I call a rare find. Most 20% yields are traps-traps don't raise their dividends
For 2 years OXLC has been a mid 4 to mid 5/share stock. It hardly moves and just increased its dividend to 0.09/share monthly. It's reliable. I'm up in it. All a matter of entry price...
Not many stocks with 20% yields have a history of distribution increases like OXLC. It never recovered from its pre Covid levels but has flucuated from the mid 4 to 6 range while I've owned it for the past 2 years. It barely moves. I can practically guess the price on a given day. They just raised to 0.09/share. It's one of my largest positions and I'm outperforming all major stock market indices year to date With stocks like these I have rules: only add or buy when it's 5/share and under and if you look at the 2 year chart, it's a fairly safe bet OXLC will continue to trade somewhere between the mid 4 and mid 5 range It's almost like a junk bond that acts like a stock. You won't get much movement but it will generate high levels of income. I love is ECC,EIC,XFLT,CCIF as well but ECC has to be at 10/share or under, EIC under 15,XFLT under 7, and CCIF in the 7 range. I like to think of OXLC like an annuity on steroids
In my opinion, if you just want dividends and not long term growth, look at OXLC and ECC. I own both.
OXLC, TPVG, AGNC. Reits maybe?
You could but it would be challenging and more work than retirement. I would wait for a market pullback and buy cefs with 15% yields. I know because I've tried it. You have to pay attention to trading ranges. Most cefs go back and forth the same ranges + or -20% to 25% so your 200k portfolio could easily drop if you buy too high. You want to buy near the low to lock in maximum yield on cost and protect principal. You could also get a part time or full time job and just the distributions accumulate all year. A nice cash buffer against adverse market moves. For example, if you invest in cefs and lock in a 15% portfolio yield,if you let your total portfolio just accumulate distributions for 12 months, you've reduced your total portfolio breakeven by 15% I also like etfs like SVOL when it retests the 21 range, it generates a 17% yield It would be better to wait for a major correction to lock in a high yield on cost and protect your principal. For optimal returns, trading cefs works. For example, when PTY is 12/share and under, it's a buy. When it approaches the 14.80s, a sell. When CHI is 10/share and under,it's a buy. As it approaches $11/share,a sell. When ECC is under 10/share, it's a buy and yields 19 to 20%. When OXLC is below 5/share, it yields 19-20% When XFLT is in the 6 to 6.60 range, its a 14 to 15% yield with the potential to retest 7.20 or higher. You're sacrificing growth unless you trade these and the growth will be underwhelming. Thats why I've dumped most cefs and shifted to trading 3x leveraged index funds and Etracs income etns but I have a high risk tolerance. Despite their volatility-TQQQ ended up just under 200% last year. You can make your own yield. I'm focusing more on growth now. CEFs are highly leveraged and it's doable with 200k but very volatile unless you're willing to pay attention. Growth is more satisfying-believe me-when your portfolio is down 20%+, it makes you not want to spend the distributions . Some cefs are better than others. Most underperform the market. I love SVOL but it's risky. Minimal flucuation-all yield. In the 21 range, 200k would generate 34k a year.
ENB and OXLC are the only individual stocks I have and I'm losing money on both. I'm a very cautious stock investor for this reason.
I am primarily a dividend investor. I don't do mutual funds or ETFs. My interest is in buying individual entities with high dividend yields, like OXLC, AGNC.
Etfs, bonds, mutual funds... Here are my favs: JEPI JEPQ TLTW FAGIX PDI LTC OXLC ARCC KBWD HYT I believe these are all monthly. There are more but I'm tired. Have fun!
Drop it in OXLC 5 dollar stock 18% dividend paid monthly.
I Would try to Buy Something that Pays you Back. A Half descent Dividend. At at Least a 2 - 3 Months Low Price. Then Take the Dividends and Look at Others or Buy More. I am Buying More OXLC & DSX Myself. Good Luck Young Man or Young Lady.
By a dividend stock like $OXLC and just get paid to make it back.
We've witnessed notable instances of REITs stock prices surging, such as OXLC experiencing a substantial uptick, while others have taken a nosedive. High-profile entertainment stocks like AMC and GME have also witnessed a surge, but it's challenging to ascertain whether this bullish momentum will be sustained. In my current market assessment, it appears that I'm leaning towards a bearish outlook.
The fund is OXLC - OXFORD LANE CAP. I didn't disclose it in my initial post as I was honestly concerned about promoting something I know nothing about. I just started trading a couple years ago, and consider myself a complete noob. This was actually my first ever post on this sub. As someone who has never owned a mutual fund (other than my 401k) I was mostly concerned about how risky they are, and it sounds like I need to find out if this is a CEF and decide if it's worth a larger investment.
Sound advice IMHO. Now how do I tell the guy that I am putting on the brakes. Ug. He sent me a link to make some time on his calendar. Now I dread the talk. I do have access to him via my family who all have their $ with him. The only thing I would not have access to his private equity pool of REITs that are freakishly inflation-proof and with consistent high yields (I think it was 7%) Also the thing I struggle with is the stock I invested in that have been way under-water for the past few years (MO, OXLC, HYDB, WTRE, ADBE, YYY, AMZN). Some are down as much as -40%. My thinking is to just wait it out since I have at least another 10 years before I retire.
🤷🏻♂️ My dad gave me full access to my stock retirement account. I fully cashed it out, and transferred the funds over to my cash stock account. I have been swing trading the funds with (OXLC). I know what I am doing within the markets. I have doubled the profits, still swing trading the stock, and now my wife and I are 40 and 42 with 2 boys and we are retired. I also have a margin account, that is our play money.
Well I bought JNUG. More then tripled my money and got out. I bought a penny stock it’s RIGH have like 60,000 but it never moves. At the moment I have a few OXLC it pays monthly dividends.
Down 20 overall..10% in my retail 25% inherited IRA for total combined loss of 20%. Portfolio down from different trades. I was down 30-33% in September to down 16% in October to down 15%for a few hours the day before the December fed meeting to down 20% the last day of the year...I have managed to stay between 16 and 20% down since October. Ive had success recuperating capital in emerging market sovereign and corporate bond cefs like EDF/EDI/FCO and generally fluctuate plus or minus 5% in OXLC,XFLT,ZTR plus Ive done well with etns for commodities USOI,SLVO,GLDI 35
$OXLC is very undervalued here, I am loading it here, if anyone is looking for an alternative investment with decent potential.
I have bought OXLC in the past. They pay a .0675 div/month. Trying to accumulate more, but keep pulling from it to chase squeezes.
The element of surprise is gone for 98% of people on here. The other 2% are in-it together, and bait the others with some gains. OXLC is solid though. AGNC will benefit even more with higher rates. I got others but those two are great.
So I should no longer play meme stocks? 😂 The OXLC 15% dividend is attractive though 🤔
With that sort of cash just park it in a high-paying monthly dividend and have it pay for everything. OXLC AGNC...
>OXLC OXLC is down 25% YTD. I'm surprised at how many of you think there are safe stocks, index funds, REITS, ETFs. I don't believe that there is such a thing.
OXLC 300k gets around $45,000 per year. As long as it lasts. Had 2000 of OXLC. Leave it at BBBY bath.
COB 8/2 I said what the hell and added to my positions of PYPL, TQQQ, UDOW, LEN, V, ON, SOXL, SPGI, OXLC, YANG and this morning I will probably get out of all but OXLC and YANG
>Everyone needs to lose their ass on share price before they understand the wisdom of dividends. This is hilariously myopic. I have had several investments in companies that filed for bankruptcy over the past 13 years. 100% loss. I'm also handily beating the market over the past 13 years because I know to diversify and buy and hold. And my returns are wildly outpacing your dividend payers you listed. In fact, any person who smartly invested in SPY or QQQ instead of IEP, GOGL, ARR, MFA, or OXLC have not only collected dividends but their investments is actually worth exponentially more. Why? Because those dividend payers are also market trailers. ARR and MFA have lost almost 50% of their shareholder investments in just the past 3 years. Sure, $10,000 in ARR 3 years ago would've netted you \~$2,000 in cash dividends and you'd get rewarded with a market value of $4,000 now. $6,000 out the door for $2,000 in cash. Neat. If you're going to be a dividend investor, at least look for companies that have a good track record of retaining or appreciating your initial investment. Just looking at the payout % and not their history is a great way to lose your ass on share price, which some of yours have.
IEP GOGL ARR MFA OXLC..... That's what stocks are for.
BCX, PDI/PDO/PTY, OXLC maybe. All monthly dividends, all on sale right now. Or perhaps covered call ETFs like RYLD. Depends on your location of course, as well as your timeline, but real estate isn't looking good for the next few years here in NZ. Apparently US not looking great either at the moment. I have a decent property portfolio and always looking to scale further, but not buying in the current climate. I may also be skewed in my thinking - I'm nearing retirement. But if you're looking for income and potential growth, dividends on sale might be a way to go.
OXLC, USA, JEPI, MAIN, RYLD, plus a few others. I'm no expert, these part of my pre retirement "test" portfolio that I'm still figuring out over the next couple of years.
These are great stocks to own! I would only say that: dividends are fine, just don't go "chasing dividends". Don't fall for the div yield trap; above 5% is sketch for me. TLDR: Don't be like me, don't buy crap like AGNC, OXLC, DX.
I personally do PSEC, which is right under 10% yield, and OXLC, which is currently a little over 12% yield. In my opinion they are pretty solid and are good buys right now with the market being down
I am referring to OXLC. All are different. I try to follow the rule of 7 for my long divys.
I was thinking about buying OXLC but I never pulled the trigger 😫 do u feel like it’s a really safe play?
I don’t do those ones, but I do OXLC. Monthly healthy dividends. You can drip or take the cash. You will get taxes on divys so keep that in mind.
I agree! If I were a new investor I would watch the markets and futures reports for an indication of nearing the bottom bounce. Personally the majority of my holdings are high yield dividend income stocks. New investors need to build confidence over time and cost average into the markets. Value dividend stocks keep the cash coming in while the markets correct. There are many bargains right now: NLY, EPR, HQH, CSWC, OXLC, ECC. KNOP, ZIM and TGH (shipping will be a big winner in the next five years) GLTA!
I put most of my money into VOO, which is Vanguards ETF of following the S&P500. On the side, I have money invested into OXLC which is a REIT that pays out a heavy monthly dividend. Diversify your money a little so that 20k can be worth something big one day
OXLC is a nice place to park a big chunk of cash
Business development corporations. ECC, CSWC Healthcare. HQH, THW Collateralized Loan Obligation funds. OXLC, XFLT
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Biggest losses today were Plug and DraftKings. Hood, Amazon, Newt, and QQQE down decent amounts too. Only ups today were Nextera and OXLC.
yeah, I think you're right...but...who doesn't like to gamble? I mean, I gambled that OXLC will go up the next day a few days ago and so far - I can't complain...I mean, the dividends I get are decent...the way I see it, it's house money...so more gambling for me 
I have a decent return from getting $OXLC which pays monthly dividends... have you checked them out yet?
This isn't what you are looking for since you say growth vs income but for dividends here are a few low priced securities with huge div payouts. SACH OXLC LOAN These are 10%+ payouts which I hold for some diversification as well as income. These don't come without risk which I guess goes without saying.
I only hold a small position in OXLC, with the rest spread out evenly over the other 6. I do like ECC a lot, and have substantial growth from the downturn last year, almost doubling my initial investment. I also give RIO and VALE a lot of attention, as the infrastructure bill should create a lot of demand for these holdings (upside price potential).
Just curious on your choices. Picking OXLC for example. It's a closed end fund (I'm a long time closed end fund investor). It pays a suspicious 11% dividend (that should be a red flag). Has a 10% premium (inflated higher than its share price value). 8% management fees 😳 And in the last five years, the SP500 has out gained it by a whopping 80% in its share price. In OXLC lost 36% in value in five years. On the plus side, it's not paying return of capital (eating itself alive). Sure seems like it though. You sure chasing these types of dividends is worth it ? You are falling way behind vs SPY even with dividend reinvestment.
Here are my Dividend Paying plays right now... There is a reason I hold these securities for income, all based on current economic trends, etc. I also hold various smaller dividend paying stocks, like MSFT (for growth). AVGO - 2.89% (For Growth also) ECC - 10.4% FSK - 11.35% OXLC - 11.42% QYLD - 11.81% RIO - 9.01% VALE - 8.38%
If you wanna do that, esp in these anti-Trump, anti-Clintonian, wild ride times, then I would strongly suggest a healthy high dividend stock you don't have to look at every day or night. Brittish American Tobacco(BTI), ORC, OCCI, OXLC, HTGC, or my all time favorite, CLM. If you want a blindfold stay away from Growth, Momentum, EV, or Meme stock. Or, throw it into crypto, like Ethereum, and forgot you even knew about it.
I’m 49 and I do a 50/50 split growth to dividends. Take 25% of the profits from growth and put into dividends, then reinvest. OXLC pays.0675 per month per share. Do not put all your money for dividends into 1 basket. Some of mine are monthly and some quarterly. I like growth stocks but put some profit into your future.
In laws are in Istanbul. Visit at least every six months. I have a US stock account that is heavy VOO, APPL, and OXLC. We aren’t touching the TL account, and have no need to do so for a few years. The TL has decreased, and we aren’t using it. The “book value” may be lower, but the quantity is increasing… and I’m figuring on a better exchange rate in a few years. Also, the government and businesses were offering major incentives for foreign currency.
> Also many high yield investments do not have great total returns. Will warn of this too. Be suspicious and cautious of high yield investments. Never invest for the dividend rather than the underlying investment itself. No such thing as a free lunch. Many high yields and dividend investments see declining operations and/or equity. It could be something like OXSQ/OXLC which see equity decline, KOS which shows revenue "growth" but isn't reflected in stock price, or even big blue chip dividend aristocrats like T can have management who overpay their incompetent selves at shareholder expense while racking up debt on poor business decisions that don't stop them from getting disrupted by upcoming companies leading to not only lack of equity growth but also the destruction operating cashflow along with shareholder value which eventually leads to the cutting of dividends.
Day trade: - AITX - ZOM - OXLC
Buying in AMC. - AITX - ZOM - OXLC
I know it isn’t a penny stock, but OXLC.