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Global X Can Oil and Gas Equity Covered Call ETF T.ENCC



TSX:ENCC - Post by User

Post by CountryBoy69on Aug 09, 2023 4:28pm
172 Views
Post# 35580369

A Repetitive post.

A Repetitive post.This might sound repetitive but it appears there are very few posters on this excellent ETF.If other investors in this are also on Stockhouse, then get a voice and let's talk about the pros and cons.This post is to thank Analog for his recommendations, I took for me at least a large position less than a month ago and including my first dividend am up a very impressive 3%.To bad the rest of my portfolio didn't do as well. Now Analog , l know you did your DD and bought my recommendation with a 17% plus yield and well protected. It's down right now , thanks to the corrupt rating agencies in the States that downgraded a number of Banks and The US in general. They are the same guys in 2008 that gave every junk CDO a triple AAA rating, that's because those frauds were paid and brought the Financial World as we knew it to the Brink. Bottom line the CDN Banks have never cut a div , at least the Big Guys and have always awarded those who held long time. That 14% yield on ENCCis outstanding but that extra 3% is somewhat enticing. We both hold both so we are on the same side.
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