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Non-Tech : Income Investing -- Ignore unavailable to you. Want to Upgrade?


To: SAM who wrote (51720)11/13/2024 6:42:25 PM
From: brehm2331 Recommendation

Recommended By
BoarDog

  Respond to of 52117
 
wish I could help, we usually invest in BDCs , ARCC, BBDC, BIZD, and specific pfds, ie, TECTP, SPMA, OXLCN, ATLCZ, etc

maybe others can help!

not a rec...just what we are doing...good luck



To: SAM who wrote (51720)11/13/2024 8:51:11 PM
From: Privately4 Recommendations

Recommended 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).



To: SAM who wrote (51720)11/13/2024 10:54:42 PM
From: Elroy  Read Replies (3) | Respond to of 52117
 
Have a look at ZIVB.

It is an ETF which sells short the 4 through 7 month VIX. When the 7 month is held short for three months and it is getting below 4 months in remaining time to expiration, the ETF buys back the short 4 month VIX, and sells short again the 7 month VIX.

So it's short volatility in out months 4 through 7.

Since the 7 month is generally more expensive than the 4 month, the strategy makes a profit.

I think over the course of the year it makes about 25%, but that varies with the volatility curve.

As usual, I don't completely understand it, but I do own it!

If you get any insights on ZIVB, I'd love to read them.