Do we have a deal?
The last I saw, the answer was closing in on a yes. It does appear that Iran and the U.S. finally are coming to an agreement.
Though I make no promises that status still holds true by the time you read this. Hopefully it does, but I’m not holding my breath in the meantime.
Fortunately, I’m much, much more confident in this past week’s articles down below…
Source: ChatGPT
Times can be tough, as I know firsthand. I went through years of hardships, starting with the collapse of a partnership I’d basically built my entire net worth on, then followed by the 2008 crash. But tough times can teach you a heck of a lot. I learned that first-hand, too.
Excitement is increasing as the SpaceX IPO draws ever nearer. And, hey, I’m right there with you in being impressed with what Elon Musk’s company does and how it does it. However, as an investor, I need to look beyond that to the profits it’s making (and not making) as well.
Net-lease real estate investment trusts (REITs) are normally classified as conservative investments with long lease contracts, predictable rent streams, and contractual escalators. Even so, some of them do come with much more risk than you might think.
Both REITs and business development companies (BDCs) are known as income-investment plays since they both pay out at least 90% of their annual income to shareholders by way of dividends. But that similarity doesn’t make them equally safe.
While fully acknowledging how hot artificial intelligence (AI) trades are, Stephen is more taken with “something quieter – and potentially much more lucrative – [that’s] happening in the income markets right now.” These assets are trading cheap, but that won’t last forever.
AI might not drive humankind out of business after all. In fact, OpenAI CEO Sam Altman has just walked back his previous (and ardent) comments about it eliminating massive amounts of white-collar jobs in the near future. And he’s not alone in that reassessment.
The Wide Moat Show
Source: ChatGPT
The markets may be up, but that doesn’t mean every single stock is. In fact, there are 10 previous market “darlings” that now trade at a steep discount.
Cell tower giants… specialized real estate… tech consulting firms… These out-of-favor companies may span the sectors, but they all beg the same question.
Are they bargains or value traps?
That’s what Nick Ward and I discussed in last week’s Wide Moat Show, with some interesting conclusions all around.
Catch the full episode right here.
