Most investors chase yield — few build real wealth.
In this episode of the Gold Exchange Podcast, Ben Nadelstein sits down with Samuel Smith (@SamuelDividends), the High-Yield Investor on Seeking Alpha, to uncover why most people fall for dividend traps and how smart investors create lasting income through stable, cash-flow-backed assets.
From REITs and BDCs to gold with yield, Samuel explains how to separate genuine opportunity from risky illusion — and why the secret to financial freedom isn’t chasing the biggest return, but mastering the psychology of consistency.
If you want to learn how to turn volatility into opportunity — and income into independence — this episode is for you.
youtu.be/T2zJFNRQMek
What if you could own real gold, earn yield, and not worry about the dollar collapsing?
Unlike ETFs, where your value is tied to paper shares you must sell back into dollars, owning bullion through Monetary Metals gives you the ultimate hedge — a real asset with global trust and a reliable yield.
✅ You own the metal — not paper
✅ You get paid yield — like rental income
✅ You bypass the dollar system entirely
✅ You can pass it on tax-efficiently to your kids
High Yield Investor Sam Smith (@SamuelDividends) thinks of it like owning a cash-flowing rental property… but it’s gold.
This is the kind of multi-generational wealth that doesn’t just preserve value — it grows it.
Most investors buy gold for safety, but what if it could also become a source of passive income — like a dividend-paying stock?
With gold leases from Monetary Metals, your gold earns a yield in ounces, not dollars. That means:
→ If gold prices go up, your income (in dollar terms) automatically rises too.
→ No need to sell the gold to live off of it — just earn and spend the yield.
→ No expense ratios. No storage fees. Just real gold working for you.
That’s why many smart investors are swapping out their gold ETFs for this income-generating strategy. High Yield Investor Sam Smith (@SamuelDividends) explains:
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More from @axios Phoenix axios.com/local/phoenix/2025…
The outlook for #BDCs has improved with the election of #DonaldTrump. While $MAIN, $ARCC, and $BXSL are richly valued, there are some attractive high-quality 10% yields still available like $KBDC and $GBDC. What are your top BDC picks right now?
The market is selling off renewable power yieldcos like $BEP and $CWEN over fears of a Republican-dominated government. I disagree because they generate cash flows that are not dependent on government subsidies and they enjoy strong corporate demand. What do you think? $SCHD
2️⃣ Fed & Inflation: CPI up 2.7%, core inflation 3.3%, and PPI heating up. Markets expect big rate cuts, but Powell has warned that cuts may be slow. If the Fed stays hawkish, VOO could stumble. #Inflation#FederalReserve#VOO
3️⃣ Geopolitical Risks: War in Ukraine, China-Taiwan tensions, and Israel-Iran conflict could trigger sudden shocks. Markets seem blind to this risk, but if one of these flashpoints escalates, VOO could plummet. #Geopolitics#VOO
Do you think $UTG with its 7% yield paid monthly (that has never been cut and has actually grown a lot since the fund's inception about 20 years ago) is a buy right now for retirees? $SCHD#dividends
4/7 🔍 Blue Owl Capital Corporation (OBDC)(OBDE)OBDC and OBDE offer around a 10% yield and are planning a merger. They boast investment-grade ratings and well-covered dividends, making them attractive options in the current environment. #Dividends#IncomeInvesting$OBDC$OBDE
6/7 💡 Investor TakeawayIf you’re looking for income, GBDC is my top pick due to its attractive fee structure, well-covered dividend, and strong underwriting performance. But MSDL and OBDC are also solid buys right now. #HighYield#InvestingForIncome
7/7 🏁 Building a Recession-Resistant PortfolioCombine these BDCs with high-quality utilities, infrastructure, midstream companies, and REITs for a well-rounded, high-income portfolio that’s built to weather economic downturns. #PortfolioManagement#Investing
3/7 💼 Golub Capital BDC (GBDC)GBDC offers a well-covered 10.6% yield and trades at a discount to NAV. Its portfolio is conservative, with 93% in senior-secured loans, and it has a strong track record of underwriting performance. #BDCs$GBDC