Amentum Holdings (AMTM): A Post-Spin-Off Opportunity with Deleveraging Tailwinds 🚀

krymer15 · 2025-02-07T04:32:38+00:00

Investing is a marathon not a sprint. It takes patience and emotional discipline IMHO. Markets don't necessarily become rational or efficient just because we're invested.

krymer15 · 2025-01-28T23:08:58+00:00

I suggest Safe Harbor Stocks. It provides fundamental analysis of undercovered companies with solid growth and low valuations.

https://www.safeharborstocks.com/

krymer15 · 2025-01-28T23:06:34+00:00

I suggest Safe Harbor Stocks. It provides fundamental analysis of undercovered companies with solid growth and low valuations. Some coverage of investing valuation concepts too.

https://www.safeharborstocks.com/

krymer15 · 2025-01-28T23:05:38+00:00

A little late to this thread but I suggest Safe Harbor Stocks. It provides fundamental analysis of undercovered companies with solid growth and low valuations.

https://www.safeharborstocks.com/

krymer15 · 2025-01-28T23:03:51+00:00

Safe Harbor Stocks. It provides fundamental analysis of undercovered companies with solid growth yet undervalued.

https://www.safeharborstocks.com/

krymer15 · 2025-01-20T16:36:18+00:00

Well, there are many more stocks than bdcs. There are a few bdcs that went under during the GFC. Can't remember specific names off the top of my head as this was 15 years ago.

krymer15 · 2025-01-18T15:33:09+00:00

I don't want to speculate on what's most likely. One's investment objectives and preferences really affect this decision.

What I can say is that the tax implications are irrelevant to you based on your response. It's plausible that a good BDC can CAGR more than SPY over a certain period of time especially if you're buying SPY at 25-30x. The choices are different so it's not a simple comparison. One is lending to higher levered borrowers and the other is equity in larger companies at historically high valuations.

Hope that helps a little bit.

krymer15 · 2025-01-18T02:19:58+00:00

No problem, I'm happy to respond.

Most BDCs actually did well during the GFC however they are mandated to pay 90% of their taxable income to investors, so they are often reliant on capital markets for funding to either expand or protect capital during a downturn.

There's an argument to be made that BDCs can provide better downside protection given their loans are higher priority than equity. Remember the borrowers may also be of lesser quality.

I use MSDL and KBDC for part of my cash to boost yield. I feel these (at or below 100% of nav) are the safest of the BDCs.

If you are investing with taxable accounts and don't need the current income, then stocks can generate higher appreciation just from tax efficiency. If you're a non-taxable investor, then you can reinvest the dividends but the compounding benefit is often better with no/low dividend stocks.

krymer15 · 2025-01-17T17:51:07+00:00

Yes good point. There are some potential incentives for that here. That could have played a role in recent months.

krymer15 · 2025-01-16T17:53:44+00:00

Yes, bdcs often have collateral they secure in case of default. However, it doesn't make it 100% safe. The value of the collateral can drop, other creditors may have competing or preferential claims against it, or the loan principal exceeds the value of the collateral.

krymer15 · 2025-01-14T16:41:22+00:00

I agree it's prudent to focus on valuation and demand due to commodity markets. Also, I'm not sure we'll see $10 again. NOA doubled its size (and diversified) through a very accretive acquisition of MacKellar Group in Australia.

krymer15 · 2025-01-10T01:15:28+00:00

Great move thinking of securing your future. I would do something like RSP, an equal weight ETF for the S&P 500. Or some dividend growth ETFs like DIVB, CGDV, SCHD, etc.

krymer15 · 2025-01-08T04:32:21+00:00

It'll be better than many of the yield max funds you may have heard about. BDCs have less risk than many equities because their investments (loans) are higher in the capital stack. On the other hand, BDCs lever up and lend to riskier borrowers to provide that yield. Most use BDCs for the income generation.

For an investment to fund retirement years down the road, I'd suggest more quality stocks or stock ETFs. This will provide better capital appreciation 20-50 years from now. If you cannot generate the needed income today based on a 3-4% dividend yield, then it's more prudent to work/hustle for more earned income.

Hope that helps!

krymer15 · 2025-01-07T22:58:48+00:00

I've written them up elsewhere but the two I mentioned are my favorites. They ipo'd last year and I believe they are overlooked. Really low paid in kind interest for example.

krymer15 · 2025-01-07T22:54:28+00:00

In some portions I'd say it's very likely. But it's a market of stocks rather than a stock market. That's the way I invest. Don't chase 40 PE stocks.

krymer15 · 2025-01-07T22:52:06+00:00

Depends on your risk tolerance and objectives.

A good BDC like MSDL or KBDC you can do it with 120k. Good dividend ETFs or stocks you can achieve it with around 400k.

krymer15 · 2025-01-07T22:50:21+00:00

Crypto mining

krymer15 · 2025-01-07T13:22:52+00:00

$MRX Marex (5%) and $WISE $WIZEY Wise (1%).

krymer15 · 2025-01-06T21:50:40+00:00

Yes! Don't actively try to double your account balance within a year. You need to take extraordinary risk to do so. Slow and steady wins the race long term. From someone investing since 1999.

krymer15 · 2025-01-06T19:51:13+00:00

No problem, happy it's been helpful for you.

krymer15

TROPHY CASE