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Strategies & Market Trends : Young and Older Folk Portfolio

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Figgie

To: chowder who wrote (1100)	8/31/2022 2:16:03 PM
From: chowder	1 Recommendation of 21934

Re: Young Folk Portfolio ... Add On Buys Today I added to RYLD and XLYD. All dividends in the Roth account are reinvested back into the underlying assets. The maximum Roth contribution has already been made for 2022 so all monthly cash contributions are going into the taxable account where most of those assets generate dividends to be invested selectively. A partial monthly contribution hit the account today and with what dividends were available, I added to both RYLD and XYLD, two high yield ETF's that deal in an options strategy on the S&P 500 and Russell 2000. The yields are as follows: RYLD .. 12.25% XYLD .. 12.51% The objective is to get these two assets built up to a full position and a full position in this portfolio is $4,000. The position size as of today is: RYLD .. $3,705 XYLD .. $3,649 Once I have them both built up to $4,000 each, I will use the monthly dividends to help build other positions within the account.

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