14% Yield from Private Equity ETF
14% Yield from Private Equity ETF (MarkSkousen.com)
As an income investor, you know that tracking down larger yields usually requires taking on more risk. And, in some cases, generating larger dividends requires companies to make leveraged investments themselves. So when you come across an income investment with a whopping 14 percent yield — that’s not driven by leveraged investments and isn’t asking you to swallow more risk — embrace it. Dr. Mark Skousen did on February 10, 2014, when he recommended the PowerShares Global Listed Private Equity ETF (PSP) to subscribers of his Forecasts & Strategies investment newsletter. At the time, he wrote, “This is a great way for investors to participate in hedge funds that specialize in buying and selling public and private companies, buyouts and initial public offerings (IPOs). Plus, Dr. Skousen expects PSP’s pay-out to continue for a couple of years.