Young and Older Folk Portfolio Message Board

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Strategies & Market Trends : Young and Older Folk Portfolio

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Tam3262

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To: InDivGrowthWeTrust who wrote (13903)	2/8/2025 7:04:23 PM
From: jritz0	3 Recommendations of 21804

RE: STK You're preaching to the choir when it comes to keeping things simple. My wife wants nothing to do with managing a portfolio and I have mentioned for a few years that I don't want to micromanage a portfolio, particularly individual stocks. CEFs are almost a hobby and keep me interested in investing but I spend very little time actually managing them. I just feel that CEFs are the last little piece of my portfolio that are easy and still fun to manage for alpha. I'm not day trading or even monthly trading them, however, with premium/discounts available and notifications from services when something looks compelling they still keep my interest. I have a couple of brothers that enjoy going to casinos, CEFs are my casino. I could leave the CEFs alone and I'm confident they would still create plenty of cash flow. I have drastically reduced the number of CEFs and stocks I hold by replacing them with newer ETFs. STK has been a great fund and I understand your reason for holding it, but I hold CEFs for cash flow first, then cap gains but I want both. :^)

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