In my last post, I showed the performance of the BMO covered call ETF’s compared with HYLD. To my surprise, the BMO Covered Call ETFs have done pretty poorly. All of them are money losers. What really surprised me is that I KNEW they were money losers before buying them, but I bought them anyways….
About a year ago, I became interested in closed-end funds (CEFs). They offered relatively high dividend returns but also had some risk. It was a rather complex calculation that I was making, but I figured that holding on to the best quality closed-end funds for a couple of years would be pretty lucrative. Most of…
Last night, I had a bit of a panic after Intel dropped horrible earnings. The stock is down 11% today. I also watched a lot of conflicting opinions on the economy’s future. The stock market has been up all week, suggesting to some that the bottom is in. Others are calling for continuing interest rate…
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