Skip Olinger

The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 3

Roger,
Again, suggest your read the Morningstar article about the problems with Ultra ETF's long or short. They may have saved your backside, but if you are unaware of the risks over the long term, you may be kissing your backside good bye. But hey, it is your money.

Perhaps you have a counter argument to the compounding issue? I would like to hear it.


On Mar 06 11:51 AM Roger Ramjet wrote:

> The ultra short ETF's haved saved my a**. Your article is the best
> I have read in awhile. Mabe I missed it in your writing but what
> about EFU. I have done very well with this one.

The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 3

I have not fully read your article but intend to but I have a couple of comments:
1) Why are you recommending any Ultra ETF's for long term hedging? That is, I believe, very misguided. Have you read Morningstar's analysis of the compounding issues that occur with these ETF's?
2) Your intro says a) high yield stocks are a form of cash - NO, where did you get that idea and b) inflation eats away at principal and yield. I thought the idea of owning stock in companies was that companies can pass along price increases and are therefore a form of hedging against inflation. Would stocks yielding nothing be a better hedge? I think your analysis is a bit off here.