In Plus episode 349, we look at why investing in special purpose acquisition companies (SPACs) and SPAC ETFs is even less compelling now given the number of new SPACs. Why David is winding down his SPAC experiment. We explore the challenges of trying to overweight and underweight different stock sectors. We review why it is a frustrating time for bonds investors and why we can't fight the bond market. Also, we look at how the relationship between starting yield to maturity and subsequent … [Read more...]
What Are SPACs and Should You Invest in Them?
Special Purpose Acquisition Companies or SPACs are non-operating publicly-listed companies whose purpose is to identify and purchase a private company. How do SPACs work and are they worth investing in? ARTICLE TABLE OF CONTENTS (Skip to Section) What are SPACs?Why SPACs ExistHow SPACs WorkSPAC CriticismsPoor SPAC Performance How to Invest In SPACsSPAC ETFsConclusionSPAC Podcast What are SPACs? Special Purpose Acquisition Companies or SPACs are non-operating … [Read more...]