for a well argued presentation of the long-term inadvisedness of holding USO and other commodity ETFs.
Although you might do okay for a while, the steady month-to-month loss in the rollovers is not good for your investment health. He also explains how sharp traders take advantage of the rollovers and make them worse.
USO started off at the same value as crude and is now about a third of its value.
The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 3 [View article]
Atlantic Power is a good company but it only yields 16% now. It seems like he got 20% by taking the stock price in USD and comparing it to the yield which is really in CAD. Price in USD=$5.29; Yield in CAD=$1.09
Price in CAD=$6.79; so real yield is 16%
It is a good company and is among the best, even with these numbers, IMO.
Best Investments for Rising Oil [View article]
"USO All the Drops and None of the Gains"
seekingalpha.com/artic...
for a well argued presentation of the long-term inadvisedness of holding USO and other commodity ETFs.
Although you might do okay for a while, the steady month-to-month loss in the rollovers is not good for your investment health. He also explains how sharp traders take advantage of the rollovers and make them worse.
USO started off at the same value as crude and is now about a third of its value.
The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 3 [View article]
Price in CAD=$6.79; so real yield is 16%
It is a good company and is among the best, even with these numbers, IMO.