Beyond Stocks: The Allure and Strategy of Credit Investments

Beyond Stocks: The Allure and Strategy of Credit Investments

Why investing in non-investment grade bonds, leveraged loans, and preferred stocks is potentially more compelling than investing in common stocks at present.

Topics covered include:

  • Why Howard Marks told institutional clients to sell stocks and buy high-yield bonds instead
  • The contractual agreements comprising bonds, leveraged loans, and preferred stock give them an advantage relative to common stocks
  • How preferred equity exhibits attributes of both bonds and common stocks
  • What is the expected return and risks for high-yield bonds, leveraged loans, and preferred stock
  • How do we invest in these three asset types


Sponsors

Delete Me - Use code David20 to get 20% off- To get 20% off Delete Me go tohttps://joindeleteme.com/david20 and use Code David20

Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code


Show Notes

Sea Change - Memo by Howard Marks

Further Thoughts on Sea Change - Memo by Howard Marks


Investments Mentioned

SPDR Bloomberg High Yield Bond ETF (JNK)

iShares iBoxx High Yield Corporate Bond ETF (HYG)

Invesco Senior Loan ETF (BKLN)

iShares Preferred Stock ETF (PFF)

Virtus Seix Senior Loan ETF (SEIX)

DoubleLine Flexible Income Fund (DFLEX)

BlackRock Debt Strategies Fund (DSU)

Barings Corporate Investors Fund (MCI)


Related Content

397: How to Invest Based on Cycles

451: How Much Should You Invest in Stocks? The Art of Position Sizing in a Volatile Market

423: A “Safe” 6% Yield: The Case for Investment Grade CLOs

How to Invest in Closed-End Funds

Money for the Rest of Us Closed-End Fund Course

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jaksot(572)

Facing a Financial Squeeze: What Harvard’s Response Can Teach the Rest of Us

Facing a Financial Squeeze: What Harvard’s Response Can Teach the Rest of Us

How can we apply the same emergency measures that Harvard and other universities are using to navigate a financial crisis? Also, how universities invest their endowments and what their performance has...

14 Touko 202525min

Why Bond Investing Is Easier Than Ever

Why Bond Investing Is Easier Than Ever

Discover how bond market ETFs have transformed investing — making bonds easier, cheaper, and more accessible than ever. We also explore how the bond market’s very composition has evolved.Episode Spons...

7 Touko 202526min

Investing in Emerging Markets with Ali Akay

Investing in Emerging Markets with Ali Akay

Ali Akay, CIO of Carrhae Capital, answers why invest in emerging markets. He also shares with Greg Dowling of FEG insights on China, Mexico, South Korea, Argentina, Greece, Turkey, South Korea, and So...

30 Huhti 202534min

Is the Rest of the World Selling America?

Is the Rest of the World Selling America?

The U.S has traditionally been a safe haven for investing, but that hasn't been the case in 2025. We explore three economic and narrative regimes and consider why we may be witnessing a shift after 12...

23 Huhti 202519min

Where Are We Heading?

Where Are We Heading?

In this episode, we explore what it means to invest in a non-ergodic world—where time, not averages, determines outcomes. We unpack concepts like volatility drag, ensemble vs. time averages, and the i...

16 Huhti 202526min

Is This the End of Globalization and Free Trade?

Is This the End of Globalization and Free Trade?

What will the impact be now that the U.S. has one of the highest tariff rates in the world?Topics covered include:Why the Trump administration raised tariffsHow the last round of U.S. tariffs led to h...

9 Huhti 202521min

 Is It Too Late to Invest in Gold? with Max Belmont - FEG Insight Bridge

Is It Too Late to Invest in Gold? with Max Belmont - FEG Insight Bridge

Greg Dowling of FEG interviews Max Belmont, a gold specialist and portfolio manager at First Eagle Investments. Greg and Max discuss the historical, philosophical, and practical reasons for owning gol...

2 Huhti 202538min

Should You Investment 100% of Your Retirement in Closed-End Funds?

Should You Investment 100% of Your Retirement in Closed-End Funds?

We compare three approaches to closed-end fund investing: Opportunistic trading, the buy and hold income factory, and a systematic approach of selling closed-end funds after 5% gains.We also explore t...

26 Maalis 202524min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
rss-rahamania
ostan-asuntoja-podcast
herrasmieshakkerit
rss-tarkeista-asioista-2
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-lahtijat
rss-rentotapaus
rss-sisalto-kuntoon
rss-seuraava-potilas
pomojen-suusta
sijoituspodi
rss-muutoksenanatomiaa-podcast
rss-uppoava-vn-laiva
rss-tyoelaman-timantteja