Bill Gross has made a lot of money in his career. Dubbed the “bond king,” Gross helped build Pimco into a leading investment management firm focused on fixed income. He’s amassed an estimated $1.7 billion fortune, according to Forbes. These days, Gross has been putting a portion of his net worth into master limited partnerships […]
Redwood Trust (NYSE: RWT) pays a pretty enticing dividend. The mortgage-focused real estate investment trust (REIT) currently yields 8.8%. That’s several times above the S&P 500‘s 1.5% dividend yield. However, as alluring as the mortgage REIT‘s yield might seem, investors should forget about that big-time payout. That’s because they can earn even higher yields from […]