GOF
Guggenheim Strategic Opportunities Closed Fund
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Why not maximize Roth IRA with closed-end-funds at 7-12% yield with DRIP? (I already max 401k + 457b with SPY/VTI)
I bought my favorite fund and its now 40% of my entire portfolio... Nothing can go wrong!
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It’s more of how much are your expenses. House is paid off, car bought with cash. My monthly nut is only 2k. Now just waiting for access to IRA’s with no penalty withdrawals. Mostly invested in CEF’s like BST, UTG, BIT, JQC, GOF and a little bit of ULTY.
PPG at -16.7% and GOF at -4.77% currently. Others in portfolio doing well. Should I sell? Help me! lol I'm only 2 years in with investing outside of my 401k/HSA and am not sure what to do.
I can't speak for E\*Trade. But I did take a look at Schwab and I don't see NAV related data available in either the API or Thinkorswim. You can somewhat derive the premium/discount in real time of some ETFs by using the indicative NAV if it's available. Schwab does provide indicative NAV data for some ETFs. But afaik - it's not available for CEFs like GOF. As for tracking it elsewhere - try tools like [etf.com](http://etf.com) and [etfdb.com](http://etfdb.com) \- they may have the tools you seek.
I would add Altria (MO) with 6.5% yields. They just up'ed their dividend to $1.06 per quarter, plus the stock is up 25% YTD. Add in TRIN for 12.5% and GOF for 14.5%. When you DRIP GOF you may get a 5% discount. Good luck.
Why not just go with SPYG or SCHG in your Roth IRA and skip the SWPPX mutual fund. At 23 dividends from mainstream ETFs won't move the needle. Just buy some individual stocks for dividends. Altria (MO) 6.5%; TRIN 12.5%; GOF 14.5% yields. Good luck investing and make sure to use a Fintech app such as Webull that gives you 4.0% plus 4.1% match from a promo.
Forget this very terrible idea. GOF has hugely underperformed QQQM, VOO, and FSELX the past ten years.
Dividend irrelevance theory is really meant to apply to equities. It really shouldn't be used when discussing a fixed income CEF like GOF.
I hold GOF in my portfolio as part of my fixed income sleeve. It really doesn't make sense imo to take dividends from GOF to reinvest in equities if your goal is to have a fixed income allocation in your portfolio. Also - you may want to actually compare the total return of GOF vs equities and other fixed income indices.
Okay so you can use this tool to look up funds history https://www.dividendchannel.com/drip-returns-calculator/ If your looking for income GOF is a great one. Pays 14% Would be at close to 6k a month
You might want to look into some CEFs (closed end funds). There are a couple that are pretty stable and pay a monthly dividend. GOF has a fantastic yield with pretty good stability. BST also pays 8%, however it has moved around a lot more. At 505k, GOF would pay $5914 per month. Of course taxes would be due. I don't believe it is a qualified dividend. BST would pay $3704 per month if you put your full value into it. Maybe find another two or a combination of these with some better growth/dividend options like VIG or VYM(less beta) to hit your targets. Do your research. I have watched GOF for 10 years,and it is in my longterm plan for yield without principal degradation. I have held both of these in 3-4 year stints as well(not a true longterm test, but the charts hold up). Run your compounding numbers as well. If you hit your yield goals and you don't pull out the full dividend, you will see the snowball grow. Good luck.
I'm this economy? 30% in GOF which gives 10% return
Yea...looks like THEY need liquidity more. Scary...hope u can find a good exit strategy...maybe push towards something like GOF...I div chased that one, and drip it with its monthly 14%...
I own few ETF in my retirement portfolio like PDI,GOF,AIPI …..etc
I take it you are older either approaching or at retirement? All annuities boils down to this. You part your money to company. They hold on to it and slowly return it back to you plus interest. If you can outlive your lump sum then you’re in the money. 1. SPIA - looks like equivalent of a fixed annuities except you get income right away. I don’t know if that is the way to go. Depending on your situation. Getting now money means you have a lower payout rate vs SPDA D=deferred. They hold on for 2,3,5,7 years then start income stream. That you can get a higher income stream, but you defer the payout. It’s all about what do you need the money for and when you need it. 2. Index annuity: still has the same structure as the standard except your income stream is tied to a market index. There maybe a floor and ceiling so you don’t “lose lose” money but you also give up gains if it’s a really really good year. The problem with this set up is one mixes multiple risks one is trying to address. Annuity is suppose to mitigate the risk of “outliving your money”. Then you introduce market risk to that steady income stream just fuels more uncertainty. It is a very suboptimal approach. However I can see the allure of getting a little extra and roll the dice. GOF: am I seeing the right fund? https://www.morningstar.com/cefs/xnys/gof/performance. I can see the distribution of 18% however actual income/gains is only 8% for 2024. Basically 11% is just your money returned back to you.
Here is a theory for covid. Sorry but this is long so get ready to read TL;DR There were two pandemics occurring simultaneously COVID and H7N9. The real danger was/still is(?) US GOF H7N9 HPAI (Highly Pathogenic Avian Influenza) and is what in fact killed 7 million people, 1.2 being Americans. Operation Warpspeed was a cover for fast-tracking Moderna's H7N9 mRNA vaccine through phase 2 and 3 human trials (it completed phase 1 in 2018). COVID was released in Wuhan to seed the narrative that China lost control of GOF Coronavirus research, thereby shifting blame for the inevitable global health crisis away from the United States before the vaccine could get approved under EUA. \--- H7N9 first appeared in China during March 2013 and began ravaging their poultry industry. [https://pmc.ncbi.nlm.nih.gov/articles/PMC8327827/](https://pmc.ncbi.nlm.nih.gov/articles/PMC8327827/) [https://openknowledge.fao.org/server/api/core/bitstreams/2a455d95-ed8c-47cf-ad95-94260a097ddd/content](https://openknowledge.fao.org/server/api/core/bitstreams/2a455d95-ed8c-47cf-ad95-94260a097ddd/content) [https://pmc.ncbi.nlm.nih.gov/articles/PMC4019135/](https://pmc.ncbi.nlm.nih.gov/articles/PMC4019135/) China was quick to blame the United States [https://www.washingtonpost.com/news/worldviews/wp/2013/04/09/chinese-army-colonel-says-avian-flu-is-an-american-plot-against-china/](https://www.washingtonpost.com/news/worldviews/wp/2013/04/09/chinese-army-colonel-says-avian-flu-is-an-american-plot-against-china/) [https://www.wsj.com/articles/BL-CJB-17527](https://www.wsj.com/articles/BL-CJB-17527) From 2013 through early 2019 it would come and go, mutating & jumping between species and on occasion briefly becoming transmissible human-to-human. In all there were 5 waves during this period of time. The first 4 were low pathogenic while the 5th in 2017 was highly pathogenic. [https://pmc.ncbi.nlm.nih.gov/articles/PMC8190734/](https://pmc.ncbi.nlm.nih.gov/articles/PMC8190734/) [https://www.nejm.org/doi/full/10.1056/NEJMc1505359](https://www.nejm.org/doi/full/10.1056/NEJMc1505359) The sixth wave came in the first week of December 2019 within Hubei district (Wuhan). A sudden 2059% year-over-year increase in Influenza cases which (at least in part) were not COVID. [https://www.cnn.com/2020/11/30/asia/wuhan-china-covid-intl/index.html](https://www.cnn.com/2020/11/30/asia/wuhan-china-covid-intl/index.html) >The documents also reveal a previously undisclosed a 20-fold spike in influenza cases recorded in one week in early December in Hubei province. >The spike, which occurred in the week beginning December 2, saw cases rise by approximately 2,059% compared to the same week the year before, according to the internal data. ... >The Wuhan CDC later conducted retrospective research into influenza cases dated as early as October 2019 in two Wuhan hospitals, in an attempt to look for traces of coronavirus. But, according to a study published in the journal Nature, they were unable to detect samples of the virus dating back earlier than January 2020. Similar studies have yet to be carried out in other Hubei cities. Remember those videos on social media in December 2019 - January 2020 of people dropping like flies in the streets within China? Police boarding up buildings & concrete berms / dirt piles on highways? Those were not fake, that was H7N9 and its the real fucking deal. 40%\~ case fatality rate and it does not need trypsin, meaning it can infect any cell, organ, system (skin, respiratory, circulatory, nervous, etc.), and it can bypass the blood-brain-barrier. [https://pmc.ncbi.nlm.nih.gov/articles/PMC8411188/](https://pmc.ncbi.nlm.nih.gov/articles/PMC8411188/) Whenever you see a COVID amputee... that's H7N9. [https://www.umms.org/ummc/pros/physician-briefs/heart-vascular/limb-preservation/covid-19-impact-on-limb-loss-and-techniques-to-improve-outcomes](https://www.umms.org/ummc/pros/physician-briefs/heart-vascular/limb-preservation/covid-19-impact-on-limb-loss-and-techniques-to-improve-outcomes)
GOF has been a nice addition to my portfolio. Pays monthly dividends that work out to ~14%/yr(depending on your share price). The divvy is the same monthly, regardless of the stock price, and has been for years.
Buy CEFs like GOF CLM DBL research at CEF connect or buy entire KURV investment suite
Buy a selection of CEFs like GOF FCO CLM or buy the entire KURV investment series
Buy a selection of CEFs like GOF FCO CLM or buy the entire KURV investment series
Hands down, when I gave up picking individual stocks in favor of owning leveraged ETF's. I have a 50/50 blend of QLD and TQQQ, with some GOF for needed current income. I've had wonderful results with the LETF's and started making money more dependably than when I was picking stocks. Individual stocks are too unpredictable IMO.
Here is how I would do it: In your pre-retirement years, build up as big a nest egg as you can. Upon retirement, switch to an income-focused portfolio and live off the dividends/distributions. Don't chip away at your nest egg by selling shares because you could eventually deplete your assets and you thus risk outliving your assets, which is a bad thing. IMO investing for growth and investing for income are mutually exclusive. A lot of people like JEPI and JEPQ for income and I like GOF. For growth, if you can tolerate the volatility there are QLD and SSO. Remember that volatility cuts both ways: upside and downside, and that the overall trend of the stock market over the decades is UP!
One way to give yourself a dopamine fix is to invest in a covered-call ETF which pays monthly. That'll give you a dopamine rush. I used to hold JEPQ but have switched to GOF. I get about $7,400 per month in distributions, but I have a legitimate need for the income. My favorite stock for gambling used to be UNP. My portfolio was < 2% UNP. Now those funds are in GOF.
You want to grow it or make passive income through dividends? Look up mstr your right on time sell in 2025 look up bitcoin rainbow chart on google and stock divi GOF you own me a chipotle
I'm waiting to add to my position. If history repeats itself, OXLC will be in the mid to upper 4 range once everything finally comes down. Tech is dropping. Everything else shortly,in my opinion will also drop. I have a completely different approach to these funds now. The goal is to just add at the lows and hold at the highs. Collect the income,get maximum yield on cost. Patience pays to wait. At 4.90/share, that's a 22% yield on cost with the distribution increase. I'm seriously considering à portfolio of just OXLC,ECC,EIC,OCCI, XFLT,GOF,FCO, SVOL Maybe skip OCCI as it has yet to recover to 2023 highs or buy a large position in the 6 range or less. ACP as well. It may be down 66% since inception but for me it's been an 18-19% yield stock that goes back and forth from 6.60 to 7/share and pays 0.10/share monthly. It'll probably drop back to 6 or less and that would be the time to add to the position. I've set my portfolio up to take advantage of crashes. I just added an additional 62% cash to the portfolio. With these types of cefs ,they're boring but they do exactly what I want=produce income without the need to baby sit The pricing on these are fairly predictable as far as identifying bottoms as they behave the same way every year. OXLC drops to to the mid to upper 4 range Not a big deal. I expect it now. I just wait to buy low. Then,you're pretty much set,barring a catastrophe. I have a few Yieldmax and options etfs with megayields. Im not sure they're worth the risk when you have easy,income producing,low volatility stocks like these. Every 250k produces close to 50k with minimal volatility. May dump the options etfs altogether. OXLC ECC EIC CCIF XFLT ACP GOF SVOL=cream of the crop high yield in my opinion
Not bs at all. A bunch of steady ETFs offer more than 10%. GOF and QYLD are two of them.
> US university have hundreds of partners around the world for the most diverse subjects and there are thousands or even millions of grants offered by these universities that have part of their budget from federal government. You're glossing over the fact that GOF research was banned by the Obama admin due to concerns about safety. Fauci was a longtime supporter of this research, and indeed was involved in providing NIH funding for continued research in Wuhan and other international labs. The optics of this are obviously horrible given the previous federal ban on GOF research. This is the reason that these debates were censored. You don't normally censor conspiracy theorists who happen to be wrong. You censor people when you're afraid of what they have to say. The laughable excuse that the lab leak theory was "racist" as justification for the censorship is just peak covid era absurdity.
Your dismissal really speaks to the power of these censorship efforts. >Russia was and still heavily invested in intelligence attacks in the West. How? >The FBI wasn't investigating Biden or Hunter and there was nothing significant in the laptop other than Hunters personal photos having a good time. If that's true, then certainly there's no need for 50 former CIA agents to conveniently lie that the story was Russian disinfo, right? If it's just Hunter having fun, surely it shouldn't be worth their time. >Covid is a natural occurring virus without traces of lab manipulation. This is completely counter to what virologists were honestly discussing before the banhmamer and partisan tribal lines were drawn in 2020. Fauci solicited an article pointing to natural origins and later awarded an $8mm grant to the author, which was used as justification to BAN DISCUSSION (this is completely insane btw). I personally don't know where the virus originated, but it's not unreasonable to speculate that it was inadvertently released from a regional virology lab with poor protocols that just happened to be doing GOF research on coronaviridae. Regardless of what you believe, the decision to deplatform/ban these discussions is insane and sets a horrible precedent for government and media collusion.
Not really. I recall the only verifiable Russian interference" was like $50k spent on some dumb Facebook meme ads that were seen by 12 people. The extent of Russian involvement was totally negligible, and blown way out of proportion by a liberal half of the electorate base primed to dislike Russia by the Clinton campaign's election interference lie that persisted from 2017-2020. The FBI had the Biden laptop for over a year before Blinken and the Biden campaign solicited the CIA "Russian disinfo" that they later used as a campaign talking point. The FBI was well aware of the factual nature of the accusations, but chose to participate in the censorship efforts to aid their preferred candidate. There are of course many other high profile examples. Remember the pandemic-era questions about covid originating in a GOF research lab in Wuhan? Those discussions would have gotten deplatformed from Twitter/Meta three years ago, but are now considered valid if not probable. In this instance, the US govt and Anthony Fauci didn't want to be implicated due to their covert funding of GOF research, so they engaged in censorship of the debate about covid origins. Social media platforms staffed overwhelmingly by liberal tech employees acquiesced to the censorship demands, again because they bizarrely perceived covid origin discussions to be a partisan/tribal issue.
Yeah my returns seen in the screenshot are from when I accidentally had to buy JEPQ again when some covered calls I sold on them were exercised 😂 I know, it was dumb but I was greedy to squeeze out as much income as I can. Have you looked into GOF? They’ve been doing even better for me than JEPQ!
Looking hard at BBN, 8% dividend, and when interest rates start coming down this should rise up. Also GOF, has a crazy high dividend. Any thoughts on these 2
It also has a dividend if you are holding for a while. If it rips, I will probably sell and go all in on GOF and sit on that till it makes a move for a while. I'm trying to learn to be patient, I was hoping TQQQ was going to run to $70, I would/will buy more SQQQ if it did/does.
TO_GOF, the market charged you *regarded* amounts of hard-earned alpha just to convert you into Albert Camus' 'Absurdist'. Nice.
> I am below average in every respect and am middle class. >/u/TO_GOF At least you have some self awareness. Honestly you’re just a bag of shit today in the comments. Hope this all works out for you. Being a perennial rentcuck who blames politicians and immigrants for being a loser is not a healthy place to be mentally.
I think we just have had different experiences because I'm not white and I've heard a ton of people who are not white who have said they wish things were like the old days and more family values. Sure you could read TO_GOF's comments in a racist light but that would be jumping to conclusions far too quickly in my mind.
TO_GOF actually sounds more xenophobic rather than racist since the sentiment is to keep foreigners out and encourage marriages among citizens (of any race as long as they are citizens). In fact, I actually think your statements would be more in line with racism compared to TO_GOF's. Your disaproval is against a particular white demographic. Now I wouldnt call either of you xenophobic or racist based on the few comments in this thread. I just thought it interesting to discern the difference.
My name is TO\_GOF and I can tell you right now I am both regarded and that with absolute certainty bitcoin will hit $73,000,000,000,000,000 by 2032.
Anyone have any idea why GOF is down 7%? Can’t find any news.
SPYD Stable... not so much. They pay quarterly... I prefer monthly payers. They are all over the place. If you want stable payouts look into GOF... $0.182/Share for the past 10+ years. Relatively low cost at $15.79 as of 9/13/23
235 bp for GOF SHEEESH At least they've outperformed the sp500 but that's terribly risky
[BST with an 8% dividend yield](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=BST&allocation1_1=100&symbol2=VOO&allocation2_2=100) [GOF with a 13% dividend yield going back even further](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2023&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=GOF&allocation1_1=100&symbol2=VFINX&allocation2_2=100)
$SVOL and $GOF both pay excellent monthly dividends
PDI, GOF, JPM are some examples that come to mind
I like to use Morningstar to see what 10K invested over 10 years made. STK has a nice 7% yield and blew away the S&P 500. That’s your growth. USA as well. Then checkout certain bond funds that are highly rated on there and also more than doubled your money over 10 years. Like GOF & RIV.
Oh I’m sorry I misunderstood. Thought I said that in the pics & comments above: CLM GOF RIV IEP to name a few. I own many others as well and cover them frequently.
Again, a little hint if you're looking at monthly div stocks like GOF and PDI -- they keep dropping for at least 2 weeks after going ex-div. Sit on your hands and be patient! GOF target -- $15.95 PDI target -- $19.75
If you are looking at monthly Dividend stocks like GOF or PDI -- sit on your hands for a week or so. They will keep going down after ex-div date. My GOF low price target this month is $15.95 PDI under $20
If you're looking at GOF for a monthly dividend pay, sit on your hands for a couple of weeks. It always takes a dive after going ex-div. My target is $15.95 this time.
Tip for Newbies - Don't buy monthly Div stocks like GOF on the day that they go "ex-dividend" 1. You missed the dividend 2. The stock price will go down for the next two weeks
I like how you were downvoted. I came here to say the same thing. It was created in China and funded by Fauci. All the data is very clear. Fauci funded gain of function research to create this virus just like Pfizer is funding GOF on other viruses right now. Let’s not forget they are also trying to make bird flu jump to humans.
Not many, but GOF, PFFA and HFRO come in at 1% monthly, and they're actually decent (not ideal) buys right now.
Technical guilt is something for the courts to decide. If the NIH ITSELF says it was funding GOF research, then that calls into question Faucis definition. In any case, he was obfuscating the reality that the US government, under his direction, was funding experiments to increase the transmissibility of viruses. You called me a conspiracy theorist for calling fauci a liar. You yourself admit that the “line is blurry”. There as no discussion of vaccines, masks, or anything else. What conspiracy am I pointing to? It’s all verifiable facts. There are also plenty of elite, Ivey league scientists and doctors that disagree with Fauci. Marty makary (johns hopkins), vinay prasad, Martin kulldorf (Harvard), Sangeeta Gupta (Oxford), Jay bhattacharia (Stanford), Richard ebright (Rutgers). Appeal to authority doesn’t really work - what does work is listening to people and their arguments, and making your mind up on the merits of those arguments. Track records matter as well, and all of these people have much stronger ones than fauci.
Gotta love the way GOF goes ripping up 2x the div the day before it goes ex-div. Like clock work.
No, did you read the article? They are saying it is not gain-of-function, but most disagree with it. Manipulating virus to make them more transmittable is gain-of-funtion according to the definition, the intent to make it more dangeroues in not necessary. "NIH noted in its letter that when the agency reviewed the original EcoHealth grant proposal, it determined the proposed experiments—designed to determine whether certain bat coronaviruses might infect humans—did not meet its definition of so-called gain-of-function (GOF) experiments that can make pathogens more dangerous to humans."
GOF starts the monthly move higher into dividend. Like clockwork.
GOF just drops like a rock when it goes ex-dividend
did ya ever wonder how many algos are scanning this thread for frequent mentions of a stock? GOF goes ex-div Monday
I'm thinking GOF can get to $16.75 today if markets tip up just a weeeeee bit.
GOF just keeps climbing ... and 18c dividend pay Monday.
Good ol' GOF is sure looking sweet on this last day of div pay.
GOF - moves down to 15 ex-div then back up towards 16. Nice monthly pattern.
Got love the way GOF trades down to $15 ex-div, then heads back toward $16 Only trades about 400k per day, so predictable swing
Liking the way GOF drops down to $15 ex-div then heads back up toward $16. Gonna ride it again this month. It only trades about 400k shares per day ... so it doesn't take much to swing the mo
Liking the way GOF drops down to $15 ex-div then heads back up toward $16. Gonna ride it again this month.
I like the way GOF predictably pops up in the week before it goes ex-dividend
closed end funds are fine in principle, for part of your investments if you can buy at a discount. it's like buying $1 for 80 cents. but as someone else noted those CEFs are trading a a *premium*. GOF is trading at a 25% premium, so you're paying $1.25 for $1 of assets. look at the top under "premium/(discount)" https://www.guggenheiminvestments.com/cef/fund/gof in contrast look at something like GIM from Franklin-Templeton, it's at a 2.5% discount. https://www.franklintempleton.com/investments/options/closed-end-funds/products/146/SINGLCLASS/templeton-global-income-fund-inc/GIM backtesting tells you what happened in the past, not necessarily what will happen in the future. over the last 10 years backtesting will accurately tell you growth strategies were more effective than value strategies. will that trend continue the next 10 years? probably not, because growth and value stocks move in cycles where one is dominant while the other's disappointing.
Accumulating a little more GOF while it has slipped under $17.50
Thank you for the article and [cefdata.com](https://cefdata.com) resource. I use cefconnect and noticed that some of the data are not the same. That's interesting. With GOF, what I saw in cefconnect was decrease in income, increase in ROC as a portion of the distribution, and an overall declining NAV. To me, that indicates that the dividend won't be sustainable and will likely be cut. cefdata has different numbers and a larger distribution history. Another indicator to watch is the Price/NAV. The 27% premium for GOF seems a bit high. Thank you for the discussion.
Yes I agree, I already have a portfolio of ETFs different funds etc, and I have access to the margin, currently I’m using about 7% margin, and I used that income generating CEF, specifically GOF
I have some of the names you mentioned in your list. For me, it's about the funds investment objective and the exposure that I want to have to the underlying asset. For example, bank loans and ABS. Bear in mind that at least one of the CEFs on your list - GOF is a leveraged fund but some brokers still have low margin requirements on it. As for buying CEFs on margin in general - I don't think that's the right way to think about it. Your margin utilization should really be a percentage of your total account holdings.
Beyond being a big div payer, GOF is up from the $15 lows to $17.25 and looks to be heading back to the $20 zone that is the normal range. Bought some at $15.05 ... wish I'd snagged more.
Dude you got to get off reddit. Also, haven't seen anyone on the democrat side "admit their faults" on the fake origins of the Steele Dossier that led to a nonsense investigation only to reveal they were guilty of the exact thing they accused him of. Or Ecohealth's proposal to DARPA for project defuse, aka Fauci literally funding GOF research on bat-bourne coronavirus at the Wuhan institute The list is literally endless. You don't want to hear it because you dismiss it as propaganda or fake news, or you literally don't care. Hunters laptop was "debunked" as Russian propaganda until it was verified by the government. So who were the "intelligence experts" that debunked it in the first place? Maybe the reddit username "cancel the right" is proof enough you are suffering from something called PAAP, politics as a personality disorder. Go outside, be free, be nice to people, and don't fuck kids. You will be ok!
GOF! Bought at $15. Heading back to $19 fast ... and dividend too
You don’t seem to understand basics of risk parity. Between aug 2012-2017 both TMF and TLT posted 0 capital gains. In that time TLT averaged around 2.5% yield while TMF averaged somewhere close 0.25%. The 3x leverage of Tmf didn’t improve the total returns at all At the same time, brokers like IBKR offer very low margin rates, just above 2%. A good mixture of corporate bonds, municipal bonds and government bonds can yield 6-7% (GOF averaged around 10% even when trading at premium to NAV). Investing on margin will increase the total yield where the total yield = yield + (leverage X yield - margin cost). The risk parity is achieved by bring the SD of returns to that of an index stock portfolio
That’s a good point. GOF is a CEF but somehow I completely forgot that part. Thanks!
Others yielding 8%+ : GOF, FSP, GBAB Keep diversify and yield on.
I’ll look into MPW, I’m doing QQQX, GOF, QYLG, JEPI. Good to spread it around in different industries for the dividend play. Averaging in a little every week, pay outs are getting fatter at these lows
A lot of top performing etf’s are near all time lows. Takes the worry out. QQQ VOO VOOG VTI GOF. For stocks… that’s really dependent. HD is low, GS
Had some nice gains I took and sitting with ca$h and parked some in CLM and some in GOF getting 19% & 12% respectively. Pain is coming, we haven't seen it yet. When China defaults and Russia shuts off the gas to Ger., Fr., and the rest of the EU, GLOBAL Defaults!!
No, a conspiracy theory would be that the release was intentional. What would be a rational inference, although not proven, would be that the strain that started the pandemic came from the lab. The US funding gain of function (at least as an ordinary person would understand it) research on coronaviruses in Wuhan is factual. Fauci has admitted as much in public hearings. What he won't admit is that it was technically GOF. If you want something with less (or more...) of a conspiratorial bent, let's look at the effectiveness of masks. There was a time when the CDC was actively lying, saying masks aren't effective, because they didn't want a shortage of masks for medical personnel. During the time, saying a mask provided some protection for COVID was labelled as disinformation. Kind of ironic, isn't it?
GOF is pretty safe around 12% dividend a year (monthly dividend). Never decreased (or increased) dividend. Never stopped paying it so far. Though they could I guess
GOF pays 10% per year and distributes monthly. 250K would get you passive income of maybe $2000 per month. But I would probably put half in SPY, 20% in GLD 30% in GOF and leave it alone.
None. There is survivorship bias in play if you use historical analysis. The question is easier to answer if you use mutual fund and etfs: GOF. QQQ. And Maybe the dividend aristocrats etf
Put it in GOF and forget about it. Or BRK.B.
1. This is common 2. If you think this is bad look at $GOF its $18 with a market cap of 1.017B Send us loss porn once you lose cash, or gains once you get gains. Well see ya in a few
I am sorry to hear that. I thought I put in the order to pump TLRY. Please contact customer service at 1800-GOF-UCK-URSLF.
GOF gets the most flack, but GOF and OOTF are my personal faves. POA is also a win - prob the best directed of the films.
Simplify, for your own peace of mind. A proper three-ring circus costs at least $1m per ring. If you would like your money to work for you passively, consider the following: ERC HFRO PFFA QYLD GOF (Feel free to DM me if you find other funds paying as well, with the same frequency.) If you are really managing actively, you'll need to read Ben Graham's book: The Intelligent Investor, as well as Brian Shannon's book: Technical Analysis Using Multiple Time Frames. Anyone who has read neither has no business trying to actively manage money beyond a checking account. They're foundational works, if neither riveting nor super up-to-the-minute. Active management should involve a thorough working knowledge of options Greeks, options strategies, and the use of options for hedging, income and growth. (As well as the above-mentioned books and enough general knowledge to pass the FINRA SIE exam - don't actually take the exam) Bonds are not the right place for this size portfolio. Instead, go in on some high conviction plays with very small amounts. You'll do better. (High conviction does not mean an idea that came from a wsb "dd". All wsb DDs are FDs in disguise. u/DFV did well because he was the party planner, not a fashionably late guest.) If you would like to hedge against major adverse events, utilize low-cost call options on leveraged inverse ETFs at extreme highs, or (smarter) just keep a substantial cash reserve for special occasions, like corrections and crashes. Buy stocks only at a fair value, or with very high conviction, using well established valuation/analytical methods and (if possible) the sale of cash-secured puts. Let the rest of the market gamble on overvalued nonsense for you. I would shitcan as many of those accounts as possible without penalties, then consolidate. Make sure you have one small cash account for new ideas that could be disasters. Oh, and make sure to screw up very badly once in awhile. It's good for you. I hope you achieve your FIRE goal, with the E being much earlier than expected. 🙏
GOF is 10% and low buy cost. SUN is 9% and does well when oil does (not that I’m ever selling)
IHI (Medical Sensors): 4.79%IAU (Gold): 8.48%ARKG (Biotech): 5%TLT (Bonds): 29.01%GOF (Bonds): 25.57%SOXX (Semiconductors) 20%
I moved my cash to monthly dividend ETF's. GOF is the one I put my savings in. Just for a few months to get it to a decent level like I had a 2% rate.
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I am reminded of a quote by Benjamin Graham, legendary author of the book "The Intelligent Investor" who more said something along the lines of "concentration builds wealth, and diversification protects it". His premise being that, more or less, find a few good stocks at good prices and invest into those. I try to keep my holdings at no more than 25, but ideally at around 20. I stay away from ARK funds as the maintenance fees are too high for me. While I do invest in tech stocks like Verizon (VZ) and real estate such as Realty Income (O) and Avalon Bay (AVB), I also try to balance out these riskier investments with more stable long term holdings like Home Depot (HD), Public Storage (PSA), AbbVie (ABBV), and Canadian Imperial Bank of Commerce (CM). The only ETFs I hold are Guggenheim Strategic Opportunities Fund (GOF) and Cornerstone Strategic Value Fund (CLM), though these constitute a small portion of my overall portfolio as I know they are inherently risky and prone to significant price fluctuations. I hold them because I like their monthly dividends. As far as VTI, I like their premise and large diversification, but I don't want to double-dip and have holding that's invest in individual companies whose stocks I already own.
Just throw it in GOF and get a guaranteed 10% dividend, much better than 2%. My boring money has lived there for years. Your strategy is going to create taxable events so you might as well just do a high yield dividend.
He does have a real hatred for short sellers and enough money to not GOF. Im sure he participated.
>GOF fund Some things that stand out for me, why this might not be under the top funds: 1. Portfolio: Bank Loans 52.60% 2. Portfolio: Borrowings -45.56% 3. Expenses: Total Expense Ratio Adjusted 1.21% ( VBTLX is at 0.05%) 4. Credit Ratings: B (the sixth class) 45.87%, might indicate a certain vulnerability in an economic downturn. >He's ok with not necessarily paying out dividends month to month right away, so would it be better for him to reinvest dividends instead, and then maybe pull that amount out after a year? This depends on your local tax laws. If you tell us where you are form, maybe one of us knows. >Does this sound like a pretty solid way to go for what he is aiming for? When I lookup top funds, this doesn't seem to be one , but yet it seems to pay out more than some recommendations I've seen online (it is also very possible that I'm not understanding it correctly) What I find interesting is that the price has been stable for the last 5 years, so we'd need to cut off inflation from any gains we expect. It has around 10% payout, but since it doesn't grow at all, given inflation these 10% will slowly be worth less and less. What is his time horizon until retirement? 2 years? 12 years? This will influence the calculation heavily. Also, it has a higher expense ratio, so whilst having a decent payout, it also sucks away more money each year than other funds. Basically, they pay out more, but also cost more, so definitely do some example calculations please. ​ >Which brings me to my last question. The article below says Realty Income has a 4.6% dividend yield. This may sound stupid, but 4.6% of what? Does that mean if the stock price is 61.26, you'd get $2.82 per share per YEAR Yes, this is the case. Past permformance =/= future performance though, so this can change tomorrow, in 5 years, never or somewhere inbetween.
Hi guys, So my dad went most of his life working and saving up, but never really invested so he never really built up a retirement plan. We've been looking into some options for him, and one of them a friend showed me was the GOF fund which pays out about .182 per share every month, which makes for a somewhat decent monthly income for him, as having a monthly stipend is what's important for him. Currently, he has his money tied up in VBTLX and VMFXX funds , but I'm thinking the GOF fund is more promising (and he can easily buy it on ThinkorSwim, although we have to fill out a form having them pay out the dividends to his bank account) So here are my questions 1. He's ok with not necessarily paying out dividends month to month right away, so would it be better for him to reinvest dividends instead, and then maybe pull that amount out after a year? 2. Does this sound like a pretty solid way to go for what he is aiming for? When I lookup top funds, this doesn't seem to be one , but yet it seems to pay out more than some recommendations I've seen online (it is also very possible that I'm not understanding it correctly) 3. Which brings me to my last question. The article below says Realty Income has a 4.6% dividend yield. This may sound stupid, but 4.6% of what? Does that mean if the stock price is 61.26, you'd get $2.82 per share per YEAR? Thanks so much guys! [https://www.kiplinger.com/investing/stocks/dividend-stocks/601862/best-monthly-dividend-stocks-and-funds-for-2021](https://www.kiplinger.com/investing/stocks/dividend-stocks/601862/best-monthly-dividend-stocks-and-funds-for-2021)