Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Interesting. I hadn’t seen any solid info on how they choose to rebalance.

 

The rebalance is: first they make a list of the 75 highest dividend yielders in the S&P 500. Then, they take the 50 least volatile from that list, and that’s the fund.

I think the dividend cutters get filtered out at rebalance if I had to guess.

 

Just XOM here

 

I deleted it. I just realized the other XOM’s were traded on separate markets. It was only after viewing a couple of them that I put two and two together. I got a new phone so was adding things to apple stocks so that I can watch them without signing into my brokerage and I saw all those other XOM’s and was wondering why they weren’t offered by my brokerage.

 

Im starting to think holding on to NRGU was a mistake.

 

Join the club

 

I don’t mind holding if it goes above 20. Even if it takes a year. I just wish there were signs that it will.

 

I don’t know that you’ll see it in a year

 

I felt the same way but today, @Boyk1182 and @ThunderOne schooled me on stock decay and how these leveraged funds work...$20 is completely out of the question now. Even $10 is. I’ve learned the world isn’t unicorns and rainbows. I became a man today. I’m cold now

 

I learned a lot about leveraged funds on this thread myself. I won’t go near them now!

 

Not with your strategy you shouldn't.
They can have their place though. I used some of the 3x short ETFs at the start of the foolishness to quickly recoup my initial losses.

 

I traded TVIX during the crash down, that was wiiiiild

 

When you buy a call, you pay the option premium in exchange for the right to buy shares at a fixed price (strike price) on or before a certain date (expiration date). Investors most often buy calls when they are bullish on a stock or other security because it offers leverage.

It looks to be a Bull Call Spread

 

so, question. What’s stopping you from doing that strategy yourself and not paying sphd the expense ratio? Other than convenience. or do you only want to focus on 10-15 and not have a malgamash of securities?

I learned that sold it and put in ixc and held that for a decent up tick. Still red on my cost basis for 2020 in monopoly but ixc’s recent climb helped reduce the brunt of the nrgu mistake.

 

I basically do that, but with 26 holdings, and SPHD is a supplement. I look at SPHD as a safe, high yield stock, with some upside potential. I don’t mind paying the fee, it’s small enough. You could do it yourself though.

 

just curious on your approach. I’m starting to pull from betterment into self managing and will probably eat the expense ratios on this and VTI/QQQ et al for the time being before I really take over self managing things.

 

I’ve been dumping winnings and extra cash into SPHD also on Boyk1182 reasonings. Kind of look at it as a safe port I don’t have to continually monitor. And I thank him for the heads up

 

It’s been working for me. Averaging $200-$300 every week. I started with 100 shares at $4.54 and averaged down until I broke even on a jump. Ended up with 900 shares total that I dance with now.

Shares go and shares go out, shares go in and your stomach turns about. You do the hokey pokey and turn the trades around, that’s what it’s all about!

 

right now I’m 50 50 ish split SPHD and DIV. it’s early stages so I might change up that ratio as I start to take on more myself instead of letting betterment handle it.

 

I have 26 dividend stocks, and SPHD. My approach is basically that I’ve bought enough of all of that at this point that if I lost my job, I’d be able to get by without working anymore (I have another passive income source). I was never trying to maximize returns, just trying to get to where I’m at now. I’ll keep working, probably forever, but my goal was always passive income. I’m in my 30’s so I guess the goal is to maximize it now.