Even In Retirement, Soros Is Still Finding Outstanding Yields — Like These
Although there’s no right or wrong way to spend your retirement, most people envision a relaxing period of spending time with family, travelling, picking up a new hobby, or even starting a new side venture.
Not too many picture themselves managing $ 29 billion worth of family and charitable funds… especially at the age of 83.While he hasn’t retired in the traditional sense, George Soros said in 2011 that he’d be returning funds to investors. He hung up his client asset management hat, opting to keep a distant eye over operations as chairman of Soros Fund Management.
But fortunately for us, his company is still required to submit Form 13F filings to the SEC, giving us a glimpse at how the legendary investor (as well as his chief investment officer and their team of analysts) interpret this changing market landscape.
Soros’ latest 13F disclosure is ripe with information, but I’ve decided to first focus on it from a retirement-friendly income perspective. That said, let’s take a look at some of the highest-yielding stocks that Soros Fund Management piled into in the first quarter of 2014.
Risks to Consider: These stocks fall under the small-cap category, with market caps ranging from $ 1.4 billion to $ 1.9 billion, so they may not be as established (read: safe) as other investments.
Action to Take –> Although Soros has taken a step back from the day-to-day operations of Soros Fund Management, his influence is still clear throughout the firm’s portfolio. Keep some of these dividend payers in mind the next time you’re looking to up the yields in your own holdings.