There's and old saying, with ANZAC day coming up in April this year to commemorate the Australian and New Zealand army cores mainly but not exclusively related to activities of them in ww1 and ww2, well the saying is "least we forget"
Ok sorry for the rant, let's get to the point. While the sheep of Wall Street rant on about AI stocks, fangs, Tesla, fed rate cuts, etc, etc... Well a lot seems to be forgotten. My best performing stocks in the first quarter of 2024 have been way less sexy. And they definitely were not sexy in 2023.
So what mite you ask are these forgotten stocks? Bank of America, CITY bank, ANZ bank, Westpac bank, Visa, American Express. And then there are the bdc's (business development companies), reits and mReits.
These have all performed significantly better than anything else... and they all hit my target for a minimum 15% annual gross return in terms of a combined dividend growth and return Target. Least we forget, lol.
Ps: trying to keep this post short, so there are good and bad bdc's and reit's, please comment if you want to know which ones I hold and why.
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