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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (31071)4/10/2019 9:16:00 AM
From: rnsmth  Read Replies (2) | Respond to of 34328
 
++How safe are the ETFs?++

They are not ETFs. They are CEFs

I suggest you look up any you are interested in on Morningstar and CEFconnect. There are also a couple of authors on SA who write about CEFs pretty extensively. I obviously feel these are safe enough, but am not qualified to lead a seminar on their safety.



To: Investor2 who wrote (31071)4/10/2019 4:03:08 PM
From: JimisJim  Read Replies (1) | Respond to of 34328
 
My wife started her PF acct with 3 ETFs... they are safe, they are cheap, they are her worst performers in terms of both cap gains as well as divvy income streams... she is talking about cutting them in half or selling completely... she has: PEY, SDY and SPHD and is esp. wanting to dump PEY and/or SPHD, both of which are underwhelming in performance and income... SDY has given her an annualized 11% cap gain, as well as divvies (only yields 2.44%, while the others yield over 3% for PEY and 4% for SPHD)... but as far as safety, doesn't get much safer...