Two Stocks Offering High Yields and Profits
April 17, 2015 at 05:00 AM EDT
It was the spring of 1985, and I was in my second year as a reporter for The Record , a small weekly published in my home county an hour north of Baltimore. A state-chartered thrift, Old Court Savings and Loan, failed - spotlighting all sorts of unseemly behavior about the institution's insiders, as well as folks who "did business" with it. The collapse - which resulted in 35,000 depositors having their accounts frozen (some wouldn't be paid back until the 1990s) and cost the state of Maryland millions of dollars - also highlighted the dark side of financial regulation. For an aggressive cub reporter like me, the collapse was indoctrination by fire. I was introduced to the "land flip," where a single piece of property was sold three or four times in a single day - with each transaction adding 50% or more to the land's assessed "value." And I learned about the changing culture of the once-staid banking and thrift industries... Tags: $AINV , Apollo Investment Corp. (Nasdaq: AINV) , BDCs , best high-yield stocks , best stocks to buy now , business-development companies (BDCs) , Goldman Sachs BDC Inc. (NYSE: GSBD) , GSBD , High-yield stocks , stocks offering high yields To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Two Stocks Offering High Yields and Profits appeared first on Money Morning - We Make Investing Profitable .