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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: InDivGrowthWeTrust who wrote (13903)	2/8/2025 5:18:59 PM
From: mykesc2020	2 Recommendations Recommended By chowder InDivGrowthWeTrust Read Replies (1) \| Respond to of 21785

RE: "No doubt I'm sacrificing some Pct. Points in TR vs. an investor who is deftly moving in & out. But quite honestly, I lack both the interest & investing acumen to carry that out consistently, or successfully." Kind of exactly the way I do it/the way I am. I've had my BDC basket, pretty much intact, since its inception in 2018. Thats 7 years now. Most are approaching a payback % of 100% and most with nice capital gains to boot. Same with CEFs. 2021/2022 established, going on 3-4 years now. I am a little bit more active with CEFs tho, mostly adding than I am with BDCs. Both baskets are a smig above 6% of my equity portfolio and I wouldn't mind having them closer to 10%.

To: InDivGrowthWeTrust who wrote (13903)	2/8/2025 7:04:23 PM
From: jritz0	3 Recommendations Recommended By suncoaster Tam3262 Waitress Respond to of 21785

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. :^)