2 BDCs To Buy For Stress-Free Retirement Cash Flow

Roberts Berzins, CFA13.99K FollowersFollow5ShareSavePlay(10min)Comments(11)SummaryThe business development company, or BDC, sector faces aggressive bearish sentiment, with the market pricing in severe SaaS credit risks.Currently, we are definitely in a cyclical low, which could be the right time to buy for patient and long-term investors.However, many investors (especially conservative ones and retirees) want to remain on the sidelines and jump in back when things become less volatile.In this context, I share two resilient BDCs, which are structurally protected from the SaaS risks are are positioned to deliver truly durable dividend going forward. Pla2na/iStock via Getty Images The private credit space (BIZD) has been completely obliviated by the bears and market participants, who believe that the current headlines around SaaS and liquidity squeeze a) will translate into actual consequences and b) these consequences willThis article was written byRoberts Berzins, CFA13.99K FollowersFollowRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.