Diversification Made Easy (8% Yield)

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Diversification Made Easy (8% Yield)

Рет қаралды 10,869

Armchair Income

Күн бұрын

Пікірлер: 102

@armchairincomechannel 4 ай бұрын

Snowball Dividend Tracker (Create a Free Account, and the 10% Discount will appear under "Subscribe"): armchairincome.link/snow

@ivan11h 4 ай бұрын

this guy is going to blow up soon. so much info, in an easy way to understand.

@armchairincomechannel 4 ай бұрын

You just made my day :) Thanks for the encouragement. Sound issues caused an extra 3 hours of editing on this video and its comments like these that provide the motivation to power through. Much appreciated!

@momdittomomditto7705 4 ай бұрын

I agree with you! I hope he keeps making videos even when he becomes more widely known and sites like Seeking Alpha want to create a channel, or whatever they call those speciality subscriptions, for him. 🙂

@JG-DivMan 4 ай бұрын

I really like your videos! I'm sick and tired of 15-20 minute videos on YT where little to nothing is said, or its all hype with nothing to back it up. You pack tons of useful, thought-stimulating information into 10 minutes -- something I truly appreciate. Aside -- Nice to hear USA getting some love. I don't hear it mentioned a lot on the dividend-focused channels, but I've had it in my portfolio for many years and, overall, have been quite happy with it. I've had my eye (casually) on CSQ for a while, but now that you've posted this video, I'm going to take a more thorough look to decide if it will have a place in my portfolio. I'm a little under the weather this weekend anyway, so it'll be the perfect opportunity to dig into some research. Cheers!

@armchairincomechannel 4 ай бұрын

Does that mean I shouldn't make a video about my morning routine, or my price targets for Tesla? Glad to hear you get value out of the videos. That's great motivation to make more of them. I like USA too, especially when its trading at a deeper discount to NAV (from a buying perspective). Best wishes for a speedy recovery back to full health :)

@danstevens64 3 ай бұрын

So true. Seems like there are at least 50 KZfaq channels (some I suspect are the same guy under different names) that have titles like "how much dividend income from a $____ sized portfolio". Yhey proceed to make their 60th video on that same topic, just running slightly different numbers into the same free online calculator.

@DP52001 4 ай бұрын

Sunday morning coffee and some Armchair! Best part of my week. Thank you!

@armchairincomechannel 3 ай бұрын

Glad to hear it :) I mean read it...

@xyz-uf6uk 4 ай бұрын

I like CSQ too, the only downside is that the volatility is a bit higher from the use of leverage. Thanks for covering.

@armchairincomechannel 4 ай бұрын

That's true. It's a wilder ride on the price roller coaster :)

@momdittomomditto7705 4 ай бұрын

I’m always happy to see that you’ve dropped a new video. I appreciate your balanced research and I like learning about new-to-me funds. Great job on this one, as usual!

@armchairincomechannel 4 ай бұрын

Glad you like them!

@TheMally85 4 ай бұрын

Great video! (as always). Thank you for bringing this one to our attention.

@armchairincomechannel 4 ай бұрын

I appreciate your feedback, thanks for watching :)

@Seoulsearch616 4 ай бұрын

Great information as always and thank you for the interesting filming locations! 👍🏼

@armchairincomechannel 4 ай бұрын

Thanks! It's a lot more chaotic to film on location but it's more interesting for me, and hopefully more interesting for you.

@dakkon74 4 ай бұрын

Nice find. I'd suggest you leave the slides up for maybe 1sec longer. I found myself having to rewind a bunch and/or pause, trying to read them. I guess I am getting old.

@armchairincomechannel 4 ай бұрын

It's a secret plot to get everybody to watch the videos twice! Just kidding. Thanks for the feedback. I'm torn between too short isn't enough to read the info and too long gets boring...but I'll note your suggestion next time I'm editing. I sometimes forget that I'm looking at a slide for the 10th time and you're seeing it for the first time.

@rOHRshackartpottery 4 ай бұрын

With reference to leaving a slide up too short a time may I make a suggestion. I usually pause the presentation to take a snapshot of the slide. This gives me time to study the slide as well as printing it out. Hope this helps!

@user-oh5gv1ir5v 4 ай бұрын

I am really interested! I will be doing some more research. I think it will definitely be a buy at least for me. Can’t wait for your next video!

@armchairincomechannel 4 ай бұрын

Great to hear you found the video useful. I wish you well in your research and investment journey.

@markhoffman1310 4 ай бұрын

EOI has similar results without the use of leverage. its worth a look.

@armchairincomechannel 4 ай бұрын

Thanks. I'm looking at EOS too...

@AmeriGlobal 4 ай бұрын

CSQ, EOS, EOI, ADX, and USA are all pretty decent total returns. AIO and ACV have shorter histories but not too bad either.

@armchairincomechannel 4 ай бұрын

ACV in particular looks interesting. Also looking at EOS.

@AmeriGlobal 4 ай бұрын

@@armchairincomechannel EOS is slightly better than EOI, but both have pretty good returns since 2009.

@laughuntilyoucryordie 3 ай бұрын

ACV is running at .18 ROC over the past 12 months!

@laughuntilyoucryordie 3 ай бұрын

EOS not the worst. 0% leveraged and 100% ROC 6 out of the past 12 months.

@laughuntilyoucryordie 3 ай бұрын

I’m kind of liking EOI over the other two!

@hulenbryant5637 4 ай бұрын

Not surprising, another great video. This fund is very intriguing. As I'm looking to move much of my investments into income generating investment I was just thinking last night about looking for equity funds with higher yield distributions outside of covered calls. I think the S&P 500 comparison is perfect. It's pretty much everyone's benchmark when it comes to measuring investing success. When we're looking at these alternative investments, that's what I want to see. How do they compare to the market. CSQ may be the diversity I'm looking for. I wasconcerned about tax implications, but it does appear the vast majority of the income is either long-term cap. gains ro R.O.C. Lots to like about this fund.

@armchairincomechannel 4 ай бұрын

Thanks for sharing your thoughts in detail. Glad the video was of interest :)

@AnyangU 4 ай бұрын

Thank you for the video! That was interesting and informative.

@armchairincomechannel 4 ай бұрын

Glad you enjoyed it!

@SummitMan165 4 ай бұрын

Very good video again Mr Armchair ! 👌👌💪💪

@armchairincomechannel 3 ай бұрын

Glad you liked it!

@pupupoopface 2 ай бұрын

I love Calamos funds. I’ve owned them for years and have been happy with them the whole time.

@armchairincomechannel 2 ай бұрын

Good to know, thanks for the feedback on Calamos!

@tritosac 4 ай бұрын

I have been happy with USA which has a very long track record. This is an interesting alternative I will definitely research.

@armchairincomechannel 4 ай бұрын

I like USA too :) Thanks for watching.

@jaydugger3291 4 ай бұрын

Thank you for this video.

@armchairincomechannel 4 ай бұрын

Glad it was helpful!

@jaypaladin-havesmartswilll5508 4 ай бұрын

I like this stock. CSQ moves like ABR with similar high dividends but a little less volatility. There will be deeper declines than the S&P 500 but you will get 7x the dividends with CSQ.

@armchairincomechannel 4 ай бұрын

That's an interesting observation. CSQ's leverage makes it pretty volatile but over the long term it has done surprisingly well.

@JG-DivMan 4 ай бұрын

I'd like to see you review a couple of the other Calamos funds -- like CCD and CHY. Would love to hear your thoughts on them.

@armchairincomechannel 4 ай бұрын

Thanks for your suggestions. So many funds to research, my list is growing faster than I can make videos :)

@JG-DivMan 4 ай бұрын

@@armchairincomechannel Totally understand! I have an ever-growing list of research targets that I can't keep up with, and that's without conducting interviews and producing videos. I don't know how you do it and still have time to enjoy your retirement!

@alexonthemountain8343 3 ай бұрын

I like it. Nice divi and good price action on the chart as well👍

@armchairincomechannel 3 ай бұрын

Thanks 👍

@ExplorerJimBo 4 ай бұрын

I’ve owned CSQ for 5.5 yrs. I’ve just reinvested the dividends and have a CAGR of 14.3 %. My advice is wait for a pullback. People panicked during the pandemic and the discount shot up to 17%. I added more and it worked out great. Hope to never see that discount again, but CEFs don’t always act rationally.

@armchairincomechannel 4 ай бұрын

Thanks for sharing your experience as a CSQ investor. Patience is a virtue :)

@mikeconnell698 4 ай бұрын

Thanks for the video. 30% leverage is a pass for me. Keep up the good work. You provide a source of good ideas.

@armchairincomechannel 4 ай бұрын

I agree that 30% is a lot of leverage. Glad you still enjoyed the video even if its not your cup of tea.

@louis20122 4 ай бұрын

I think PTY, a bond CEF that uses leverage and manage to beat S&P 500 a stock index.

@armchairincomechannel 4 ай бұрын

I like PTY too, but the 25% premium over NAV makes it too expensive for me at the moment.

@Krautlander 4 ай бұрын

Cool, looks like you like CSQ and I have your opinion. I bought some more Stocks the last days with 0,079% Dividend yield. First buy was 8,3% yield.

@armchairincomechannel 4 ай бұрын

The further above 8% it goes, the more I like it!

@craigscott7315 3 ай бұрын

The market price of CSQ tracks closely with QQQ; if QQQ goes down, so will CSQ. Even is you get a dividend to offset part of that, the risk is still there.

@armchairincomechannel 3 ай бұрын

Agreed. The price is volatile; doesn't work for everybody.

@cjp1128 4 ай бұрын

So many of the funds you review we don't have access to in the UK. such a shame

@armchairincomechannel 4 ай бұрын

Yes, I hear that a lot. Europe in general is challenging for investing in US funds.

@pl95984 4 ай бұрын

Perhaps Freedom24 from cypres or swissquote from Swiss....swissquote is also in Luxemburg but you need swissquote from Swiss...freedom24 is cheaper....

@Steverino70 4 ай бұрын

Interesting option. Enjoyed the video.

@armchairincomechannel 4 ай бұрын

Thanks for watching and taking the time to let me know. Glad you enjoyed it.

@louis20122 4 ай бұрын

For me: income ETFs have to have high yield, are safe, reliable, no NAV erosion, perpetual decent distributions.

@antdel2087 4 ай бұрын

have you found 1 that meets all your needs. seems to me none exist

@armchairincomechannel 4 ай бұрын

You're asking for a lot!

@xJoeKing 4 ай бұрын

Great quality video! How is vietnam in the winter?

@armchairincomechannel 4 ай бұрын

"Winter" is a funny word because it is rather hot in Vietnam! Feb-April is great and I'll be back for a longer trip next year as I missed a lot of that. As May approaches its really heating up.

@RobertBrown-yn9tx 3 ай бұрын

Sawadee Dude ! It's a new one on the watch list but am a little concerned with the leverage. It's getting harder to find the good investments since I've hit about 28 positions. (ps. Facebook does not like me...ie.. no community. I am "Mega" secure with current PC Config. No big loss.)

@armchairincomechannel 3 ай бұрын

Sawadee Krup. Yes, the leverage isn't for everyone. 28 is a decent amount of diversification.

@behemothl9298 4 ай бұрын

Good video! Owned this one in the past. I've been researching a couple fixed income CEF's you may want to take a look at. WDI and MCI. Cheers!

@armchairincomechannel 4 ай бұрын

Thanks for watching. I've had WDI for a while and just started accumulating MCI but waiting for more attractive pricing. We have similar taste :)

@David-lp1mj 3 ай бұрын

I would be interested in an MCI video as well.

@momdittomomditto7705 3 ай бұрын

I’d like to hear your assessment of MCI. I own it.

@louis20122 4 ай бұрын

What factors do you use to sell income ETFs or CEFs? Their purpose is to provide income so why sell?

@armchairincomechannel 4 ай бұрын

That's a great question. Generally there are 2 scenarios that cause me to sell. 1/ The price increases to the point where the yield is no longer attractive or 2/ There's a significant change to the business model or business outlook that conflicts with the original reason for buying the investment. I don't sell based on short term price fluctuations because I can't predict what the price will do.

@miguelr2739 4 ай бұрын

Good video

@armchairincomechannel 4 ай бұрын

Thanks for letting me know :)

@dr_brewer 4 ай бұрын

Do you have any thoughts on THTA? It seems like a more successful version of HIGH - at least for now.

@angel_killzit 4 ай бұрын

They had one really bad distribution but i might be more tax efficient than high so id look into it

@dr_brewer 4 ай бұрын

@@angel_killzitI think the one lower distribution was in the same month as a normal sized one, seems like an accounting thing.

@TonyCox1351 4 ай бұрын

@@dr_breweryeah I’m looking at their dividend history and they def paid twice that month. Looks interesting, and I do hold some HIGH. I’m going to look into this one more

@armchairincomechannel 4 ай бұрын

Haven't looked into that one. It's a option trading fund so the performance will depend on how well the portfolio manager executes the credit spreads. I'd like to see some history before considering it. Always interested to see what ZEGA is doing beyond Yieldmax. Thanks for mentioning it.

@OverseerPrime 4 ай бұрын

I know you covered CSQ but what is your take on CLM and CRF?

@armchairincomechannel 4 ай бұрын

The distributions have been trending down so they're out of contention for me.

@PierceStone 3 ай бұрын

Thanks for another great vid. at around 1:50 and just over 6mins you mention ROC and Nav erosion. I"m having some difficulty getting a handle on how much care & feeding some of these investments require for maintenance - especially CC ETSs. I understand your preference for 8% and reinvesting distributions in excess of 8% but is there generally any documentation that describes each fund's ROC. (love to know this for Max etfs) I"ve been parsing tax docs/prospectus but its unclear. Must a wait for EOY statements? THANKS!

@armchairincomechannel 3 ай бұрын

Good question. ROC isn't known until end of year financial statements are published. The 19-a1 notices are very rough estimates. NAV erosion is difficult to measure and varies by asset class. CEFs publish their NAV as a separate number on CEFConnect, which is handy. ETFs trade at prices almost exactly equal to their NAV. Their are many factors affecting NAV but generally, over the long term, if the NAV is flat or increasing after distributions its a great sign.

@danstevens64 3 ай бұрын

Hey sir great video! Just curious if you've stumbled across the KNG ETF before. It's got capital appreciation, a dividend yield that you'll like and a dividend CAGR in the high single digits. I just don't see much KZfaq content on this fund.

@armchairincomechannel 3 ай бұрын

I'm not familiar with it but the steady dividend history looks interesting. Thanks for the suggestion, I'll check it out :)

@mailbagman 4 ай бұрын

Just checked the entire dividend is ROC

@armchairincomechannel 4 ай бұрын

The 19-a disclosure notices are just estimates. The year end financial statements are the most accurate source of information for ROC. Some years they distribute a lot of ROC, some years none. Over the long term the value of the fund has risen so I'm OK with their ROC distribution strategy. There are many funds that distribute ROC to the point of destroying NAV. This hasn't been one of them.

@jdedad 4 ай бұрын

ADX seems to be a bit better lower fees

@armchairincomechannel 3 ай бұрын

ADX is excellent if you can get comfortable with the annual distribution.

@jdedad 3 ай бұрын

@@armchairincomechannel well I’m not retired yet I’m 51 planning on 55 I was thinking to draw money yearly at one time I wonder if there’s a benefit to drawing monthly ?