This Incredibly Rare Investment Pays 10% Dividend Yields
February 29, 2012 at 13:00 PM EST
I first uncovered this asset class years ago, when I started my High-Yield Investing advisory in 2004. In October of that year, I added one of these securities to my portfolio at $41.33. I sold it for $64.51 about two years later. Along with $9.93 in distributions, my total returns were a little more than 80%. Another one of these rare investments has also done well for current High-Yield Investing subscribers. I added it to my portfolio in late October 2010. I've received $4.28 per unit in distributions and the price has soared. So far, total returns are more than 50% in just 16 months. I like to return to investment ideas that have done well for me. . . . → Read More: This Incredibly Rare Investment Pays 10% Dividend Yields