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Bullboard - Stock Discussion Forum Global X Can Oil and Gas Equity Covered Call ETF T.ENCC

TSX:ENCC - Post Discussion

Post by CountryBoy69 on Nov 15, 2023 4:45pm

Jeremy4

Good for you , and welcome to both SH and the volatile and convoluted world of investing. While l don't call myself a guru in any form , a piece of advice to you. Ignore the noise of the pathetic stalking posers, and at your stage of investing , do not try daytrading. That is reservered for the gamblers and those with deep pockets who it would appear always make money and never lost a nickel in their posted after the fact trades. That comment applies at least in one respect to many on other boards. You will find it quite enlightening how many multimillionaires feel it's their duty to post on SH , you would think they would have something better to do with those millions in the bank. My thoughts are just steadily invest in this and other entities , preferably ETFs  rather than individual stocks and reinvest those divs in more shares. Yes it can be a slow process but a long defunct bought out investing houses slogan , Was we make money the old fashion way We Earn it. Clarification , that was Smith Barney. At this time to complete the triumvirate of your portfolio , since you have both energy and utilities , you should add a bank ETF as they to are interest rate sensitive. There are many out there , high div payers such as BK , FTN , HMaX and LCS . Take a look and make your own choice and as some say do your own Due Diligence.
Comment by Jeremy4 on Nov 16, 2023 12:20pm
My first reply to something l posted on SH. I will most certainly take your comments under advisement.I am looking at a Financial add to our portfolio and as you can see , I prefer higher dividend ETFs at this time as the dividend far exceeds the small 3% interest l am repaying to my FatherinLaw. . I fully intend reinvesting all divs in the ETFs l bought and as of now while the loan is decreasing ...more  
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