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You are here: Home / Archives for buffer ETFs

501 Plus: Why Interest Rates Are Rising, Maximum Drawdowns, and Buffer ETF Underperformance

November 16, 2024 by David Stein · Updated December 5, 2024

In Plus episode 501, we review why Federal Reserve Chair Powell said the Fed isn't in a hurry to lower its policy rate. We revisit why interest rates are increasing. David shares the expected return, ranges, and maximum drawdown of his portfolio. We analyze why buffer ETFs can lag the underlying reference assets when the stock market is appreciating. … [Read more...]

Filed Under: Money Plus Tagged With: buffer ETFs, Federal Reserve, interest rates, maximum drawdown

491 Plus: Buffer ETFs, TIPS, Brokerage Bankruptcies and HSA Accounts

August 30, 2024 by David Stein · Updated September 16, 2024

In Plus episode 491, we explore why buffer ETFs use European-style options with a set exercise date rather than American-style options that can be exercised at any time. We look at the maximum loss for purchasing a Treasury Inflation Protection Security in the secondary market. We consider what happens to individual bond holdings in the case a brokerage firm goes bankrupt. Finally, we consider the estate tax implications of Health Savings Accounts. … [Read more...]

Filed Under: Money Plus Tagged With: bankruptcy, brokerage firms, buffer ETFs, HSA accounts, TIPS

488 Plus: Portfolio Trades, Pershing Square USA Follow Up, and CEF Premiums

August 3, 2024 by David Stein · Updated August 14, 2024

In Plus episode 488, David reviews changes in his portfolio, including adding a fixed-income bullet ETF, an equity buffer ETF, and increasing his allocation to CLOs. We discuss why Pershing Square didn't move forward with its closed-end fund IPO. Finally, we revisit why it is advantageous for closed-end funds to sell at a premium even though most do not. … [Read more...]

Filed Under: Money Plus Tagged With: BSCV, buffer ETFs, CLOA, closed-end funds, defined outcome ETFs, DXYZ, GUT, MAXJ, Pershing Square, PSUS

Portfolio Trade: Adding Bullet ETF, Buffer ETF and Increasing CLO Exposure

August 2, 2024 by David Stein · Updated August 6, 2024

… [Read more...]

Filed Under: Portfolio Insights Tagged With: BSCV, buffer ETFs, bullet ETFs, CLOA, defined outcome ETFs, MAXJ, portfolio change

485: Should You Invest in Defined Outcome (Buffer) ETFs?

July 10, 2024 by David Stein · Updated October 8, 2024

Buffer ETFs protect against the downside while capping the upside. We examine them closely to see if they are worth it. Topics covered include: How buffer ETFs are structured and some current examples How buffer ETFs have performed over the past five years What are the risks of buffer ETFs How loss aversion and narrow framing contribute to the popularity of buffer ETFs Are buffer ETFs worth it and what are some alternative strategies that could be used instead Show … [Read more...]

Filed Under: Podcast Tagged With: buffer ETFs, narrow framing, outcome based ETFs, prospect theory

472 Plus: When to Use Option Writing Strategies, Premium Income Barrier ETFs, and Performance Tracking Apps

March 30, 2024 by David Stein · Updated July 9, 2024

In Plus episode 472, we compare covered call and put writing strategies to Innovator's Premium Income Barrier ETFs. We consider how option writing strategies fit into a portfolio. Finally, we briefly discuss three options for tracking net worth and portfolio performance. … [Read more...]

Filed Under: Money Plus Tagged With: buffer ETFs, covered calls, Innovator ETFs, outcome based ETFs, performance, put writing, PUTW, volatility risk premium

430 Plus: Merriman Two Fund For Life Portfolio and Premium Income Barrier ETFs

April 29, 2023 by David Stein · Updated July 8, 2024

In Plus episode 430, we analyze the risk and reward of combining a target date retirement fund with a small cap value allocation. We also analyze Innovator ETFs' new Premium Income Barrier outcome-based ETFs. … [Read more...]

Filed Under: Money Plus Tagged With: AVUV, buffer ETFs, DFSVX, Merriman (Paul), outcome based ETFs, small cap stocks, small cap value, target date funds, target outcome indices, value investing, VTTHX

321 Plus: More On Hedged Equity and When to Sell Company Stock

November 13, 2020 by David Stein · Updated July 8, 2024

In Plus Episode 321, we take a deeper look at hedged equity and outcome based ETFs like the JP Morgan Hedged Equity Fund and the Innovator ETF series. We also answer a member's question about selling his employer's stock that now comprises 75% of his portfolio. Finally, David discusses his recent trade to increase his allocation to the WisdomTree CBOE S&P 500 PutWrite Strategy ETF (PUTW). … [Read more...]

Filed Under: Uncategorized Tagged With: buffer ETFs, company stock, dividends, employer stock, ETFs, futures, JHQAX, options, outcome based ETFs, portfolio trades, PUTW

321: How to Analyze Complex Investments

November 11, 2020 by David Stein · Updated July 8, 2024

How to determine whether you should invest in a complex investment such as an actively managed ETF that uses option strategies. Topics covered include: A recent investment David made that he shouldn't have What is the volatility risk premium and how to invest in it Why there have been over 200 new ETFs and ETNs launched in the U.S. in 2020 Why some ETF sponsors launch lower cost versions of ETFs that compete with their existing offerings. What questions to answer as part … [Read more...]

Filed Under: Podcast Tagged With: buffer ETFs, complexity, ETFs, Innovator ETFs, outcome based ETFs, structured note, target outcome indices, TGIF

277: How ETFs are Changing

November 13, 2019 by David Stein · Updated July 8, 2024

How regulatory changes could lead to a boom in new ETFs, including actively managed ETFs. Why ETFs continue to be one of the most innovative, cost-effective and tax-efficient investment vehicles. “Exchange-traded products are among the most significant financial innovations in recent decades and have shaped financial markets as we know them today,” said Michael S. Piwowar, former Commissioner of the U.S. Securities and Exchange Commission. The growth in exchange-traded products … [Read more...]

Filed Under: Podcast Tagged With: active management, buffer ETFs, ETFs, exchange-traded funds, Innovator ETFs, non-transparent ETFs, outcome based ETFs, tax efficiency, taxes

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