So I bought all the income ETFs at the top of the market. Others incomes like RYLD/XYLD I will hold because I believe it can appreciate and recover the NAV. I however don’t really see this happening with QYLD/ NUSI. I feel like it would be a good idea to cut my losses on these 2 positions and buy into some of my other dividend stock position to sell more puts/calls on them as they have fallen a lot too lately (Intel as my example). Not sure to hold or sell them. A lot of great companies are down big right now and look very attractive.
TLDR: sell at loss to buy cheap stocks on this market drop to make back losses with eventually recover through share price and divi’s??
I’m 28 btw with mainly a full SPY account and other dividend stocks I sell CC’s and puts on.
Submitted July 08, 2022 at 04:20AM by Eyonizback https://ift.tt/i56ZRV8
