ETFs busted I told you so | General financial discussion | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
ETFs busted I told you so
March 24, 2020
9:53 pm
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline
March 25, 2020
12:18 pm
AltaRed
BC Interior
Member
Members
Forum Posts: 2884
Member Since:
October 27, 2013
sp_UserOfflineSmall Offline

Terrible sensationalism for a headline. The issue is bond ETFs containing corporate bonds and more specifically those that are wholly corporate bonds. This is a problem 7 years in the making exacerbated by investors chasing yield. A needed reckoning and clean out unfortunately for those who let their guard down.

March 25, 2020
6:42 pm
Save2Retire@55
Member
Members
Forum Posts: 845
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline

It is a good buying opportunity which I am taking advantage of. Nobody knows where the bottom is but buying twice a week (Couple hundreds every purchase) always worked for me. And I always sell around when I see enough profit (5-7%). Then wait and repeat 🙂

History is the best lesson. It always repeats itself. Things jumped 20% in one year and we were all waiting for a crash.

March 25, 2020
7:07 pm
AltaRed
BC Interior
Member
Members
Forum Posts: 2884
Member Since:
October 27, 2013
sp_UserOfflineSmall Offline

I am 'buy and hold' so I don't (try not to) buy shite in the first place.

Please write your comments in the forum.