Goldman Sachs BDC: Big Discount And High Yield Isn't The Bargain You Think

Core Insights - The article discusses the allure of higher yields for income-focused investors, highlighting that while these yields can present great investment opportunities, they may also carry hidden risks [1]. Group 1: Investment Strategy - The author emphasizes a preference for quality over quantity in investment choices, particularly in blue-chip stocks, Business Development Companies (BDCs), and Real Estate Investment Trusts (REITs) [1]. - The goal is to build investment portfolios that focus on high-quality, dividend-paying companies, particularly for lower and middle-class workers [1]. Group 2: Personal Investment Philosophy - The author identifies as a buy-and-hold investor, aiming to supplement retirement income through dividends within the next 5-7 years [1].