The SVB Tire Fire Is Serving Us These 6.6%+ Payouts on a Platter
March 21, 2023 at 05:00 AM EDT
We’re going to ride this Silicon Valley Bank (SIVB) fiasco to big dividend payouts—I’m talking yields up to 12.6%!—and quick upside, too. I’ll walk you through exactly what we’re going to do below. Then I’ll name two unloved (for now!) dividends we’ll target. We’re Not Dropping a Quarter Into GameStop II One thing we’re not going to do is sell anything short—even though, as Bloomberg recently told us, the “shorts” cleaned up on SVB. All in, they pocketed $2 billion as “tech bros’” fav bank froze, then crashed. We contrarian dividend players tip our hats to these daring degenerates. They rolled the dice and things broke their way.… Read more