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Global X Enhanced Can Oil And Gas Eq Cov Call ETF T.ENCL



TSX:ENCL - Post by User

Post by Bansheeon Dec 21, 2024 2:33pm
73 Views
Post# 36373728

This board , this ETF

This board , this ETFFinally , the board is attracting some interest and dialogue from those who are invested , newbies thinking to invest and one guy who obviously knows squat about anything to do with ENCL.He stated , it should be held short term only , l guess he equates a 25 percent use of leverage here to those double and triple losers out there .Shows he actually needs to read the prospectus or just go elsewhere.If like me and l guess Analog etc that you believe in the long term viability of the worlds economy depending on this commodity then that 25 percent leverage is good.I used to own Encc but sold all and added quite a bit of new money to the purchase of ENCL shares.The extra dividend alone is worth what l think is really no risk at all. A lot of this pullback is because of the animosity between Trump and Trudy and his climate change stupidity , as if Canada and the Liberal party can fix the rest of the world.Well when PP gets I. And an early election is called , you will in my opinion see a huge difference in the working partnership between Canada and the USA.
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