Brookfield Asset Management: A 4% Yielding Growth Powerhouse In My IRA
Brookfield Corporation(BN) seekingalpha.com·2024-05-27 11:00
tiero Brookfield Asset Management (NYSE:BAM) (TSX:BAM:CA) is one of my highest conviction investing ideas for the next 20 years. That's why it's the fourth-largest holding in my ZEUS Family fund, making up 6% of the portfolio. It's also 100% of my SEP IRA. Why is that? Because I'm using my IRA as an "alternative asset class." If my family fund (taxable account) is 70% stocks, 30% bonds, and managed futures, I use my IRA as another asset class. So, let me explain why I own Brookfield and plan to buy more in ...