FLTR
VanEck Investment Grade Floating Rate ETF
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Cash secured puts + FLTR (floating rate ETF) that has 5.5% yield.
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try FLTR for the PP tag
I’d go with FLTR. I’m impressed by the Yield and the performance track record, which is better than a money market.
They fall between SGOV or HYSA and top rated corp bonds in risk. They aren’t bonds, they are premium bank loans, and the issuers are first in line to be paid. That decreases default risk but doesn’t eliminate it. For FLTR, price has fluctuated around 2% over the last 2 years while the others have moved slightly more. Then you factor in 6-8% dividend payout, which helps offset any price dip. I’ve used all 3 plus the usual MMF for about 4 years now with mixed results. Just wanted to throw it out there.
Floating rate bank loan ETF. Small risk of price fluctuations. Rates between 5.8-8% depending on fund. FLTR, BKLN, SRLN for example.
Bond and Treasury ETFs. I have roughly half of my portfolio in floating-rate ETFs like FLTR and JPST. Another 15% of my portfolio in TLT. Better rates than CDs and HYSA, still some risk but they don't drop much during a correction, and they rebound quickly. TLT is obviously much more sensitive to interest rates but it still a relatively safe place to park money considering it's at historical lows.
Replace some of the pcash with a mix of the following: FLTR, GSY, ARCC, BXSL, FSK, PBR.
Yes you are overreacting. To time the market you have to get it right TWICE. Once getting out and again getting back in. Lets suppose you sell now with the S&P 500 at 6070 and, next week somebody looking at the same news, says, the biggest danger Apple, Google, Amazon and NVDA were facing was Antitrust and in Trump administration is gutting consumer protection and their justice department just does not care. You might be a centrist feeling edgy about current President and others are thinking, he might be bad for some but will be good for Banks, Oil Companies, and most of the Mag 7. If you sell now and the market heads up to 6500, you don't get back those gains you missed and you realize capital gains NOW. If you are anxious do not sell all of your equities. Reallocate 5% of your VOO into a S&P 500 equal weight, and put some new cash that you would otherwise park in the S&P into a less correlated asset like ARCC, BXSL, FSK or even short term debt ETF like FLTR. An aircraft carrier does not turn on a time, and neither should you. If the market goes down 20% buy quality when it is on sale, but I think the worst we could see in 2025 is the Dow going back down to 40,000.
If you want an ETF holding very short duration debt so that you get have very little share price volatility (not as good as a money market with constant $1.00 share price but close) that throws off a yield in the 5.5% to 6% zone look at GSY and FLTR. If want a little more risk and higher yield put a $125k of your $500k into a mix of business development companies (BDCs) like ARCC, FSK, and BXSL that yield in the 8% to 11% range.
Somebody who put $10,000 into VOO ten years ago has more than 35,000 now. If you can only pick one investment, I would go with VOO. It has a tail wind. It is the default choice of so many investors when a stock gets added to the S&P 500 so many funds start buying it. The S&P going up was almost a self-fulfilling prophesy. Buffet challenged all comers to find a better investment choice over a decade and the hedge fund guys failed. The S&P 500 is near a record high. If you want to reduce volatility a little and shift a little toward value stocks, go 80% VOO and 20 an S&P 500 equal weight ETF like RSP. In a bull market RSP will likely underperform and it a bear market RSP should beat VOO. If you super bullish, and have a penchant to overweight technology stocks, go 80% VOO and 20% QQQ. Most of the time when folks 3 or 4 funds to VOO they dilute there returns by adding crap that performs worse than VOO. This is the case for anyone who added international stock or a bond fund to their VOO. If you feel the need to keep some dry powder in case the market pulls back hard, put 90% in VOO and 10% in a short term fund like FLTR or GSY to hopefully collect 5.25 to 6.0% interest while you wait for the pull back. Timing the market is hard, hence the suggestion that 90% stays invested.
Had bonds and it dragged down performance of portfolio. If you are worried about a pull back put some dividend paying low p/e stocks into the mix. If you must do bonds a very short duration ETF for under 10 percent of holdings like FLTR or GSY at least avoids interest rate risk. Folks in bonds over the last 10 years had a lost decade of low interest returns and declining NAV.
* **Core Holdings (URTH, VTV, FLTR)**: These make up the bulk of the portfolio, and they provide solid exposure to global stocks, U.S. value stocks, and bonds, which is a good foundation. * **Redundancy**: ETFs like **IAU** and **GLD** both track gold, and **IGSB** and **VTIP** both cover short-term bonds, so you might simplify by choosing one of each to avoid unnecessary overlap. * **Small Allocations**: With only 4-5% allocated to the other ETFs, it may not move the needle much. You could consider consolidating these into fewer ETFs with broader coverage, such as sticking with **IEMG** for emerging markets instead of splitting it with **EMXC**.
I asked him to explain what he meant about FLTR not how a cash secured put works…
Selling puts on what? FLTR? Or something else? Regardless, far OTM puts will earn you low premiums, and will cost you big on the few times they actually do get executed.
But I’m thinking use either IGHG or FLTR (floating rate ETF)
As far as i'm aware the two leaders are DNKG are Fanduel (FLTR), and they look increasingly entrenched. DNKG as you said is up, FLTR is down because of some industry-wide in the UK and Australia. FLTR should be uplisting to Nasdaq Q1 2024
Averaging up is hard to do... Only managed to average up on Flutter Entertainment (FLTR.L) recently after telling myself I should it since last year.
I agree with the sentiment, but must add that Fanduel is right there with them. Its part of Flutter Entertainment a UK stock that we have (FLTR.L), I'm long on them like 15% of my portfolio. Regards your point, bang on. I was making a case more than a year ago now that gambling companies will outperform their expectations. People are expecting them to perform like the UK ones. Thing is UK people are poorer and more risk-averse than Americans so it was a flawed comparison. We could be looking at a boom when the rich Western states legalise, and the current regs are allowing the incumbents to hunker down and build their brands. Also the advertising laws and regulatory environment are better. Imo when DKNG and Fanduel are established they can do what great American growth companies do (take some fucking risks) and take their operations overseas.
100% SGOV May move to FLTR or an interest rate hedged bond etf soon There's always a bull market somewhere  \- this time, it's just anything less than 3 months out
>FLTR Sounds enticing! VanEck IG Floating Rate ETF (FLTR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Investment Grade Floating Rate Index (MVFLTR), which consists of U.S. dollar denominated floating rate notes issued by corporate issuers and rated investment grade.
I'm British so FLTR.L - yeah PDYPY for Americans. Considering FX right now you can maybe get GBP for cheap. You might not want to hold pounds though, reasonably.
What specific ticker did you buy? I was interested as a Pokerstars user but there's PDYPY, PDYPF, FLTR.L, & FLTR.IR. I think the first two are sponsored & unsponsored ADRs & I didn't know if that would impact me during a Fanduel spinoff. & for the last two I've never bought from a foreign exchange...
Opinions on FLTR (Flutter Entertainment)? Just bought a couple of shares of it without doing that much research.
Gambling sector will have some big winners in the next decade. $CZR, $BALY, FLTR, IGT
Another terrible thing that happened is a few of my shorted companies were bought out at a higher price so I had to pay a corporate action fee 10x the amount of the short per share. $FLTR was bought out by a foreign company and I was short 2 around $10 and that cost me $220. I went short SeaWorld and six flags at the start of the pandemic because I thought people wouldn't be able to go there. But I had no idea the government would give them more money than they would have made through their business anyways. So those are up 400-500% even though they were shut down. Those are just a few examples.
what you're looking for is Floating-rate bonds. quick google search yields these 4 tickers. market value is stable since, well, it's duration neutral ​ iShares Floating Rate Note Fund (ticker: FLOT) Van Eck Market Vectors Investment Grade Floating Rate Bond ETF (ticker: FLTR) SPDR Barclays Capital Investment Grade Floating Rate ETF (FLRN) Pacific Asset Enhanced Floating Rate ETF (FLRT)
Exonkly. My portfolio (DKNG, SRAD, RSI, FLTR BETZ, TLRY AMZN) couldn't follow a pattern if it's life depended on it!
As a pro poker player that uses Pokerstars, I'm interested in Flutter to possibly reinvest some profits into the company, but there's FLTR.L, FLTR.IR, PDYPY, & PDYPF. FLTR.L trades on the London exchange & costs $11,000/sh, FLTR.IR I guess on the Ireland exchange & is $130/sh... PDYPY is the ADR with more volume & online discussion, but PDYPF is a sponsored ADR & what TSG holders got when Flutter acquired Stars Group. Any thoughts on what would be better to buy from the US? Would one be susceptible to double taxation or other tax complications but not another? Apparently if you buy from a foreign exchange on Interactive Brokers using margin it just assigns you margin balance in the local currency (so GBP). ADRs seem okay, but I'm still unclear on the "unsponsored" part. The unsponsored ADR has 10x more volume, but would shareholders still receive shares from spin-offs, etc.? I've read Flutter may IPO Fan Duel at some point... I appreciate any input. I've found some info online, but not much that directly answers my questions yet.
Got to be DKNG. They have taken a beating in the last few months and their 5-year outlook remains the same. One of their risks is competition but their competitor also have less funds to expand. It was always DKNG, Fanduel (FLTR) and Barstools (PENN) as the front three and that's how it will stay. DKNG are at $14bn market cap with revenues at $1.2bn. It's not crazy to see them at $100bn market cap if they reach $5bn revenues by 2025 with profitability and CAGR.
A few stocks in my small portfolio. DKNG - -1.6%, down 16% in the last 6 months. Waiting on NY legalization and their Q3 earnings on Friday. I'm staying neutral here - their Q3 will stay between $1.21bn & 1.29bn. PENN - -0.37%, -19% in the last 6 months. Q3 out tomorrow (4th Nov). No current news to report on Barstool unless you count them entering Iowa. RSI - + 2.17%, +67% in the last 6 months. This stock is market and OSB-market proof. No sign on Q3, but they were hella late with Q1.. FLTR - -0.62%, -10% in the last 6 months. Very disappointing Q3 results with just 12% Q3 growth YoY. Their CEO blamed a bad run of sports results. [https://www.rte.ie/news/business/2021/1102/1257282-flutter-entertainment-q3-results/](https://www.rte.ie/news/business/2021/1102/1257282-flutter-entertainment-q3-results/) SRAD - +0.52, at 22.46 from an opening IPO high of $27. Q3 earnings will come out on 17th November and major institutions have their price targets averaging $28.22 [https://www.marketbeat.com/stocks/NASDAQ/SRAD/price-target/](https://www.marketbeat.com/stocks/NASDAQ/SRAD/price-target/) \- one for the long run, like DKNG.
Brutal day for Gambling Stocks: DKNG - -2%, still faces resistance at $51, so we are good for now PENN - -2.74% and 6% in the last week. Another poster commented that Penn and DKNG's prices are just matching each other, irrelevant of news. RSI - 5% - for all the great things analysts are saying, not enough to stop the bleeding BETZ ETF - after I tipped them at 29.50, they're now at 28.34, come on! FLTR - -0.18%, completely level for the week PBH (new addition) - -8% for the week, rough. And they just signed with the NFL GENI - -6.18%, 10% the last week and no negative news A sea of red for my small positions. Carry on carrying on!
Facebook Reels - what happened to knowing you're beat and onto the next product. Shameless copying I say! Here are my Gambling stocks with a focus on sports betting: DKNG (-0.05%) one of DKNG's least volatile days sees them end break-even. Some analysts are saying $40 is the next test-low. DKNG tends to fluctuate based on legalising sports betting in states, rather than macro factors such as the Yankees game being postponed. DKNG and Fanduel have started lobbying in Florida. If Cuomo does manage to legalise in NY without screwing it up, DKNG could get back to previous highs of 70+. FLTR (-3%) ouch now down 10% for the month. There is no additional news and this is a high price stock getting trimmed with the rest. GENI (-1%) down again and the bulls can't understand it. Nearly a 40% decline since a peak a month ago. The stock was down all the way below $15 today but recovered. Will it bounce back to $20? This lower price range seems set, with yesterday's volume much higher than average. BYD (-0.65%) Marginally down again. Low volume could be a factor, with no current news around. Right on cue, Zach's featured their losing streak, adding to the pessimism. PENN (+0.85%) they broke their slump streak! Now we're looking at $70 for the next up-target. No news since we learned of a new Casino. ENT (-2.27%) yesterday's gains were wiped. Again, no news on a sleepy Friday, so FLTR and ENT should be following UK market trends. Gambling stocks are volatile at the moment. Stay away if you have an uneasy stomach. Deeper dives and thoughts on request
In Gambling Stocks news: DKNG (-6%) are down 11% in the past month. This is related to the general lack of relative momentum on Gambling Stocks and a possibly troubling Class Action Lawsuit they can't seem to shake off. FLTR (-0.5%) down 7% for the month. They just announced they will sell "Odds Checker" for $200m. Hardly a game changer for a 30bn market cap company. Flutter owns 37% in Fanduel and they're fighting with Fox over pricing. GENI (-9%) are tanking. 37% decline since a peak a month ago. They are now at their lowest level in months with no sign of a return as they shot their shot with NFL. BYD (-2%) are steadily declining 11% for the month. Earnings will be released on 27th July and expected to post YoY growth of 183% and a Forward P/E ratio of 18. Sleeper stock? PENN (-3.5%) is -15% for the month and 20% for the year. They should be renamed SLUMP as this is dragging on. Nobody seems to care about their new Pennsylvania casino. ENT (+2.5%) across the pond are on a tear, 34% in the last 6 months. This follows the appointment of a new CEO Jette Andersen. Europe opening up, EURO 2020, amazing Q1 and Q2 results and two successful acquisitions of Enlabs AB and Bet.pt are helping the cause. Gambling stocks are volatile at the moment. Stay away if you have an uneasy stomach. Deeper dives and thoughts on request
FLTR trades at a 480 P/E ratio on the London Stock Exchange. ENTN at 169 P/E. Super Group will trade at less than 3x earnings @ $10.
Problem is all high valuation companies have a strong US online position (DKNG, FLTR LN). Most of SEAH’s business is more akin to the core business of an ENT LN or 888 LN or FLTR LN’s ex-US biz. These trade at like 10x-13x fwd EBITDA. But also, it looks like SEAH might be giving themselves credit for the US expansion already based on aggressive growth numbers. Without that contribution (they are late entrants to a fiercely competitive market), it doesn’t look cheap and may even be on inflated numbers. If the US rollout goes well, you could make an argument it might be a bit cheap based on 6x-8x EV/S for the US biz and 10x-13x the core. But that’s a decently big if.
I think FLTR holders might have to wait for them to spin off fanduel as a seperate listing to get a similar level of hype to the US listed gambling stocks.
Fanduel is public. It’s owned by Flutter. $FLTR
Fanduel is already public. Its owned by Flutter $FLTR.
I’m seeing DKNG, KINDSDB.SS, PENN, FLTR.LN as their top 4 as of 3-14 from their website. In any case, 10yr rates went up so I’d expect BETZ to see similar collateral damage to other growth/speculative ETFs today.
FLTR on the London stock exchange or PDYPY on OTC markets, Flutter Entertainment, owns Fanduel, Paddy Power, Betfair, Sky Betting and Gaming, PokerStars and more.