OXLC - 20% Yield 12% Hike I'm All In: OXLC
2024-05-30 07:35:00 ET
Summary
- My bet on the United States economy continues to pay off — monthly!
- Oxford Lane Capital Corp. has outperformed its best comparison, and the market indices.
- This "income catalyst" can play a vital role in your retirement portfolio.
Co-authored by Treading Softly
The last time I openly stated that I was using a particular fund to bet on the success of the American economy and the success of the American people, I wrote :
20% Yield, 12% Hike, I'm All In: OXLC"You need to have income to survive and shouldn't rely on doomsday predictions. Time and time again, they cannot accurately predict what the default rates will be going forward for the very markets that they're supposed to oversee. This reminds me that the U.S. economy often performs outside and beyond what others could expect it to. Many times, people have doubted the ability of the United States to continue to produce strong returns economically, or to weather storms that come, and the nation continues to prove its doubters wrong. I have learned it is beneficial to bet on the U.S. rather than against it."