Thanks, Cullen. Certainly food for thought. It looks like the 2011 local peak in the S&P 500 happened about 4 months after the first <20% bearish Investors Intelligence survey result, the 2010 peak about 5 months after the first signal, and the big 2007 peak about 9 months after the first <20 signal.
One of the most common mistakes investors make is going with the known rather than the best ETFs, says Matt Hougan, speaking at Index Universe's Inside ETFs conference. One example is using FXI for China exposure (discussed here, try CAF instead). Another: Buying XLF for financials avoids small caps. Look to IYF for broader exposure. [View news story]
To complete the comparison, the 5- and 10-year price performance (through Dec 31, 2012) on a $10,000 investment as mentioned above by Stephen Alpher:
IYF : $6,483 : $8,895 XLF : $5,664 : $7,477
Total 5- and 10-year performance (price + dividends) of $10,000 investment:
Take-away: as Stephen Alpher noted above, IYF has outperformed XLF on a 5- and 10-year basis, and the slightly higher dividends paid out by XLF don't account for the difference.
One of the most common mistakes investors make is going with the known rather than the best ETFs, says Matt Hougan, speaking at Index Universe's Inside ETFs conference. One example is using FXI for China exposure (discussed here, try CAF instead). Another: Buying XLF for financials avoids small caps. Look to IYF for broader exposure. [View news story]
According to yahoo.com, dividendchannel.com and http://dividata.com, total dividends paid for calendar years 2008-2012 are:
IYF : $4.976 XLF : $1.650
comparing yields is tricky; choosing the Jan 2, 2008 opening price for each gives the 5-year dividends as a percent:
Why Exxon Will Keep Profiting as Oil Prices Slump [View article]
@searcher may be thinking of Venezuelan dictator Hugo Chavez and Citgo Petroleum Corp., the U.S. refiner (privately) owned by Venezuela’s state oil company. For some reason I, too, thought VLO was the one, but a quick web search tells me I was mistaken.
Where Did All The Bears Go? [View article]
One of the most common mistakes investors make is going with the known rather than the best ETFs, says Matt Hougan, speaking at Index Universe's Inside ETFs conference. One example is using FXI for China exposure (discussed here, try CAF instead). Another: Buying XLF for financials avoids small caps. Look to IYF for broader exposure. [View news story]
IYF : $6,483 : $8,895
XLF : $5,664 : $7,477
Total 5- and 10-year performance (price + dividends) of $10,000 investment:
IYF : $7,010.62 : $10,739.35
XLF : $6,231.40 : $9,711.01
Take-away: as Stephen Alpher noted above, IYF has outperformed XLF on a 5- and 10-year basis, and the slightly higher dividends paid out by XLF don't account for the difference.
One of the most common mistakes investors make is going with the known rather than the best ETFs, says Matt Hougan, speaking at Index Universe's Inside ETFs conference. One example is using FXI for China exposure (discussed here, try CAF instead). Another: Buying XLF for financials avoids small caps. Look to IYF for broader exposure. [View news story]
IYF : $4.976
XLF : $1.650
comparing yields is tricky; choosing the Jan 2, 2008 opening price for each gives the 5-year dividends as a percent:
IYF : 5.28% (4.976 / 94.31)
XLF : 5.67% (1.65 / 29.08)
10-year dividends:
Dividends paid for calendar years 2003-2012 total:
IYF : $12.726
XLF : $4.926
the Jan 2, 2003 opening price for each gives the 10-year dividends as a percent:
IYF : 18.44% (12.726 / $69.00)
XLF : 22.34% (4.926 / $22.05)
Put another way, the 5- and 10-year total dividends on a $10,000 investment:
IYF : $527.62 : $1,844.35
XLF : $567.40 : $2,234.01
Since I sell puts for additional income, XLF is a better choice for me (more liquidity in the options).
Thursday Options Brief: VVUS, NUS & RHT [View article]
A Problem With Volume for the New Rally [View article]
Good point. I suppose "equal amounts of buying and selling" is shorthand for "equal amounts of bids and offers"
Why Exxon Will Keep Profiting as Oil Prices Slump [View article]
On Feb 19 08:16 PM kpc wrote:
> Hmmm could you explain?