2 Unusual Funds That Get Us Into Private Equity (With 12%+ Dividends)
December 02, 2024 at 05:00 AM EST
If you’ve been investing for a while, you’ve probably thought about private equity more than once. Adding exposure to “PE” firms, which buy and sell privately held businesses, is a great way to diversify beyond the big names of the S&P 500. But of course, to get in on that action, we have to be either institutional investors or have a net worth high enough to be “accredited.” Most people stop there. But there is a way to access private equity through a kind of lesser-known “back door.” For example, you could buy an ETF like the Invesco Global Listed Private Equity ETF (PSP) right on the stock market.… Read more