To: SAM who wrote (51720 ) 11/13/2024 8:51:11 PM From: Privately 4 RecommendationsRecommended By brehm233 Graustus KEN2CWL TheNoBoB
Respond to of 52117 Hi Sam, I see nobody has responded to you, so I will take a shot. I have no knowledge/experience with the three funds you mentioned. From a minute's research, it looks are all option writers. That tends to limit upside (capital gains), but can increase income. Looks like all have a tech focus, if that is what you are looking for. It looks like FEPI is pretty narrow (focus on just a few stocks). Those particular stocks seem to have done well earlier this year, but the fund doesn't look to have diversity). I use/have used some option writing funds from Eaton Vance over the years. They are "tax managed" so they tend to provide better after-tax returns in a taxable account than some other funds. They have been paying 8-10% for years (if I recall correctly). I am sure there are many more option writers out there. As with everything, you have to look at the kinds of funds out there and see where they fit in your strategy. as to the other things you mentioned MMs, short term bonds, preferred stocks All can have a place in a well balanced portfolio. I own all three kinds to some extent or another- but that is just me. You have to decide on a strategy and fit together the investments that support that strategy. Simply chasing the highest yields rarely works for very long, in my opinion - but you should do what works best for you. If you want to get some better thoughts on income investing (and vastly better than Seeking Alpha), you might want to peek at innovativeincomeinvestor.com Tim McPartland runs it (its free) and he has been writing about income investing for decades. No politics, nobody trying to sell you a newsletter, lots of knowledgeable people (and some idiots like me - as in every message board).