3 ms·
A nearly even allocation between: SPY, GLD, TLT, HYG, VXX (or equivalent sector standins) Has a very good very stable yield for many, many decades. To have an
by alpineidyll3 6y ago
A nearly even allocation between:
SPY, GLD, TLT, HYG, VXX (or equivalent sector standins)
Has a very good very stable yield for many, many decades.
To have anything better, one must learn a lot about investing and keep after it.
- dougmwne 6y agoWarning: VXX is virtually guaranteed to drop in price in the long run. It uses periodic reverse spits to maintain its price. Never buy and hold it, ever.
- kgwgk 6y agohttps://stocknews.com/what-happens-next-after-vxx-expiration-2019-01/ https://stocknews.com/what-happens-next-after-vxx-expiration... “Indeed, in the initial prospectus from 2009 stated, “due to the construction for this product one needs to be aware that its value will approach zero over time.” The prospectus also called to retire the fund after 10 years which will be at the end of this month on January 30.“ “All told since its inception 10 years ago, on a split-adjusted basis, the VXX has declined from $120,700 to the current $47 level.”