$WEEL is the only investment I own that isn’t a company.
But it belongs in my portfolio.
Sell cash secured puts. If assigned, sell covered calls. Rinse and repeat.
The current distribution rate is roughly 12%, with no 19a notices indicating return of capital since launch. All earned profit.
AUM has quietly grown from about $10M to nearly $48M. It's still very small.
I keep a chunk stashed away and reinvest the distributions.
No moonshot. Just boring cash flow quietly compounding.
@PeerlessETFs@pasco27one@erik9480
ETFs have been a hot topic in the market for some time now, but they can be overwhelming.
Who better to provide some clarity than Robert Pascarella, Research and Trading Co-Portfolio Manager at @PeerlessETFs?
Robert will join @CVecchioFX for Last Call today at 2:30PM CDT on the tastylive network. Come say hi and ask all of your ETF questions in the chat!
We are in danger of destroying ourselves by our greed and stupidity. We cannot remain looking inwards at ourselves on a small and increasingly polluted and overcrowded planet.
~ Stephen Hawking