New MF article makes best case for BDC's that I have ever read
The small cap investment aspect of it is something that I have never really considered. And how true that the BDC's are like a free high quality research firm that is vetting these small and micro cap companies free of charge for us small retail investors. A must read in my opinion, regardless of your opinion on Motley Fool.
Agree with that point, Xray. I try to make 12% a year on my portfolio appreciation, and another 12% from dividends. I have done that - or better - since I started investing in 2009, and I expect to do it this year as well due to people like PSEC management making good decisions for me.