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Re: jugs post# 12

Saturday, 02/25/2017 9:09:21 PM

Saturday, February 25, 2017 9:09:21 PM

Post# of 353
Not much to say about this other than for the fact that it pays nicely but only so long as there are inequities in the market. There will be a time when stocks held in this will be perceived as having calught up to their rightful valuation and then, I predict, it will collapse.

This is the nature of etfs and funds as they are all based on the notion that there's money to be made if equities held are heavily discounted.

The income is nice. The associated risks are real. And for this reason I think it would be a mistake to go into it too deeply. So I'm being careful.