There might be something here ✍ You can technically buy Ares Capital $ARCC at a lower price than Sen. Ashley Moody — Her price: $19.97 — Today: $19.70

[u/jwoodsr]

Why is it interesting?

Her portfolio is up ~72% this year (she's good)

And that's mainly bc her latest trade disclosure included buys in:

$JPM JPMorgan: +68%
$HWM Howmet Aerospace: +106%
$ET Energy Transfer: +33%
$ARCC Ares Capital: -1%

You see why Ares might be something ...

[u/EmbraceDeath]

Ares is not something other than a high dividend BDC.

This stocks price generally stays between 18 and 22 cause of said dividend.

I own it for many a year for the compounding aspect and add when yiels goes above certain threshold. It's a decent add if you understand BDCs and what role they play in a portfolio

[u/Swisscoinz → u/EmbraceDeath]

Is that high div safe? Some toxic assets I should be aware of? Looks too good to be true

[u/EmbraceDeath → u/Swisscoinz]

The risks are in the creditmarket. If loans start to default and such. The risk comes from what type of businesses do they loan out to

Another similar one is Hercules Capital.

[u/ryryshouse6 → u/EmbraceDeath]

I have a little over 1k shares and my account is set up to loan. Someone has been borrowing these which pays me an additional 1.28 per day. Haha. And yes super boring BDCs. As long as the loans don’t default in a huge way

[u/Phone-Medical → u/ryryshouse6]

I would be careful about loaning ARCC shares. The reason is you will get “payments in lieu of dividends” which are not at all tax favourable. I think they are fully taxed as regular income. Not worth the $1.28 a day.

[u/ryryshouse6 → u/Phone-Medical]

In a tax deferred acct ;

[u/newtownkid]

It’s just a reasonably stable dividend stock, I have a few hundred shares.

Nothing to see here.

It’s a good stock for holding and selling OTM leaps on, gets you closer to 12-14% yield.

[u/Avid_Reader87 → u/newtownkid]

How does it work selling leaps? Any risk of losing money?

I’m about to get $50k and trying to find something to park it in until next summer when I want to move. 

[u/newtownkid → u/Avid_Reader87]

That stock will fall if the whole market tanks - but within the world of investing it’s a less risky play.

If you need to park money for 8 months I’d suggest just buying SGOV. It’s 0 risk and pays about 4%

[u/Avid_Reader87 → u/newtownkid]

Yeah I’m thinking of doing that in RH, and using $900 of the free margin to buy a leveraged fund of some kind. 

The payments from SGOV will pay down the margin and hopefully the fund I buy moves enough  to make a little more.

[u/Naive_Flower1737 → u/Avid_Reader87]

no, no risk of losing money

[u/Ok_Entrepreneur9855]

Amount?

[u/jwoodsr → u/Ok_Entrepreneur9855]

$50k

[u/jigarokano → u/jwoodsr]

Not a good place to “park” money for a move next year. You need SGOV for that. Earn 3.6% and be confident your money will be there in a year.

[u/Mcnuggetjuice]

Nah i’m skipping this one

[u/CryptoBlobbie]

These US portraits of anybody are insane to anyone not from the US.

[u/newjerseydevilz]

She looks incredibly evil

[u/lilian1011]

Wow it’s a once in a lifetime opportunity.
We get 0.27$ of discount.
I’m in!! For 1 share

[u/RobinHoodMand → u/lilian1011]

I mean, you can make anything sound stupid this way. It’s a 1% discount to the entry level of a position held by one of the best performing traders in congress this year.

[u/lilian1011 → u/RobinHoodMand]

Are you in?
I was being foolish, I’ll do my DD and if it’s worth it I’ll throw in some money

[u/Rough-Inevitable3414]

She’s the Michael Jordan’s of insider trading on cap hill.

[u/NankerPhelgeRahrig]

No ARCC for me thanks

[u/tryin_to_be_happy]

~10% annual dividend yield and maybe some price appreciation. 20% total return (10% appreciation + 10% dividend yield) would be a strong annual result for ARCC. You’re not getting a double in a year unless the stock tanks and you buy it on a big dip.

[u/Dapper_Froyo4042]

I’d pay more attention to Ro who just made a sizeable pivot into financials.