INVESTING- Stocks, mutual funds and IRAs

[desertrunner]

It’s in my gambling account in case it goes meme. I mostly have dividend and qqq for retirement.

Based solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.

[Sheesfaced]

It’s in my gambling account in case it goes meme. I mostly have dividend and qqq for retirement.

Based solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.

Since it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!

[desertrunner]

Since it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!

Oh ok, thanks for the snarky post.

Also, poor CNN had to eat alot of crow recently, had to hurt...

Embedded Tweet

https://twitter.com/libsoftiktok/status/1937971022944203124

[Tellafriend]

Based solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.

Since it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!

fwiw, i no longer subscribe to the idea of diversification for the sake of diversification.

[sonatine]

It’s in my gambling account in case it goes meme. I mostly have dividend and qqq for retirement.

Based solely on this post above, I started watching QQQ and got into their new new ETF version called QQA fund. I owe you a big thank you as this was exactly what I needed. The one ting I needed was the monthly dividend on the last week of the month.Thank you again.

you should tuck into this next.

[tgull]

I have $3.75 Million (cash and stocks) and I am not proud of that. And a house totally paid for. But I am not proud of myself at age 50. I should have much, much more. I view myself somewhat of a financial failure.

[sonatine]

ive heard said that 5m is the entry for upper middle class at this point. and tbh the math kinda prooves it out.

[tgull]

ive heard said that 5m is the entry for upper middle class at this point. and tbh the math kinda prooves it out.

I really am disgraced with myself. To have only $3.75M at this stage of my life is really an embarrassment. I have let my family down.

[RichardBrodiesCombover.]

Rofl

[desertrunner]

fwiw, i no longer subscribe to the idea of diversification for the sake of diversification.

This kind of makes sense to me, con you expand on it?

[Sanlmar]

ive heard said that 5m is the entry for upper middle class at this point. and tbh the math kinda prooves it out.

I really am disgraced with myself. To have only $3.75M at this stage of my life is really an embarrassment. I have let my family down.

I have gold plated fixtures on my bidet

[Sanlmar]

I got the whole 80’s Trump motif goin on. Privacy while bathing your balls? That’s for poor people.

Forgot the bathtub in bedroom design genius. Very exclusive

[Sheesfaced]

Since it’s done so well you should load up and buy more of it. Chasing performance never goes wrong and sector rotation, asset class rotation, and market cycles are merely a myth. In fact diversification and the efficient frontier are also a myth. Good luck!

fwiw, i no longer subscribe to the idea of diversification for the sake of diversification.

I mean I don’t necessarily disagree; for one thing not all diversification is created equal. But also, for the majority of Americans it’s important. There’s sort of a bell curve where on the left end it’s irrelevant until you accumulate enough assets to where it matters until you reach the right end of the bell curve to where it no longer does.

You may very well be on the right end of that curve. Dessertrunner is most definitely not.

[desertrunner]

Serious request, asking that the resident clowns please dont thread crap here.

I am a pretty long term Fidelity investor and been happy with their mutual funds. I would like to get into their Fidelity Select Utilities Portfolio (FXUTX) fund, but its seems to be in the mid-level risk fund and the long term growth is consistent, doesnt seem very appealing.

I already know the answer, but does anyone here invest in a Utilities Fund? I would hope it would be a rock star fund, but its more of an average fund.

Your comments?

[desertrunner]

In this thread or one of the others, tellafriend said he didnt care for Fidelity, which is fair in my book. I also like Vanguard, but not with them.

Here is a recent comparison by Fidelity comparing them to Vanguard. Again, i love the layout and function of the Fidelity website, its easy for us non-nerd types.

[desertrunner]

It’s in my gambling account in case it goes meme. I mostly have dividend and QQQ for retirement.

I am coming back to this post for a 2nd time to tell member "Goodpoop" THANK YOU for the fund tip here on PFA. I have since then bought Invesco's Electronically Traded Fund (ETF) QQA, the mirror to QQQ.

The current monthly dividend is about 10% and I expect it to go higher as the stock market continues to stabilize and slowly climb. Ive added QQA to another family member's portfolio as a long time hold.

So thank you again member Goodpoop, your tip was helpful.

Helpful links-
QQQ is the best-known of the ETFs that invest in the popular Nasdaq-100 Index.
In Covered Call ETF Fervor, Don’t Forget QQA

QQA debuted last July. As highlighted by an assets management tally of $213.1 million as of May 2. it was a well-timed launch. And it’s one that’s proven adept at garnering traction among income investors.

DNA helps. QQQ and QQQM are highly popular ETFs. And QQA can be paired with either of those funds. That’s because QQA provides income not often found with traditional, pure beta, tech-heavy funds. For example, QQA sports a 30-day SEC yield of 10.60% versus 0.65% on QQQM.

Side note- The QQA fund was intended to compete with the JP Morgan Fund titled- JEPQ. JEPQ is returning about 13% a month as I have added this fund as well to my portfolio. I like having both funds as the JEPQ pays their monthly dividend at the beginning of the month and QQQ/QQA pays their monthly dividend at the 3rd week of the month. As a retiree, this works out well for me- getting paid every other week instead all front loaded at the beginning of the month.