In Plus episode 544, we model various buffer ETF strategies over a 35 year period to see how they perform relative to the bond market. We consider which defined outcome ETF approach could substitute for bonds, and how they compare to deferred fixed annuities. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus member. Learn More About Membership Options » 544 … [Read more...]
527 Plus: Portfolio Trades, Ultra Short-term TIPS ETF, and Revisiting Buffer ETFs
In Plus episode 527, David discusses changes in his portfolio to add a CLO ETF and sell the individual single family home rental REITs that he owned. We analyze a new ultra-short-term TIPS ETF. Finally, we revisit the performance of defined outcome ETFs based on the models we are running and some recent research from AQR. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus … [Read more...]
488 Plus: Portfolio Trades, Pershing Square USA Follow Up, and CEF Premiums
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. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money … [Read more...]
Portfolio Trade: Adding Bullet ETF, Buffer ETF and Increasing CLO Exposure
Become a Member If you would like read about these portfolio trades, consider becoming a member of the Money For the Rest of Us Plus. Learn More About Membership » Yesterday, David added two new ETFs to his portfolio, the Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and the iShares Large Cap Max Buffer ETF (MAXJ). David also increased his allocation to the BlackRock AAA CLO ETF (CLOA). BulletShares 2031 Corporate Bond ETF (BSCV) At the end of July, David had a U.S. … [Read more...]
485: Should You Invest in Defined Outcome (Buffer) ETFs?
Buffer ETFs protect against the downside while capping the upside. We examine them closely to see if they are worth it. Topics covered include: Show Notes BlackRock Enters Booming Market for Stock ETFs With a 100% Hedge by Emily Graffeo—Bloomberg New Stock ETF Offers 100% Hedge as Buffer Funds Nab $46 Billion by Emily Graffeo—Bloomberg The Dynamics of Defined Outcome Exchange Traded Funds by Luis García-Feijóo and Brian Silverstein—SSRN Monetizing Loss Aversion for Fun … [Read more...]
