Among ETFs, equity ones remain the most popular with 1,800 in Canada. The newest ones are on the 0 day to expiry; we'll see how they do over time. The latter hold indices and sell puts to make short-term profits; are not for everybody, but this is the cutting edge in ETFs. Options volumes continue to grow. If you buy USD ETFs, make sure they are hedged. The market has been complacent. No matter the headline, the market rallies or dips have been very shallow. He expects a dip in the near future, but remains constructive long term.
Unfortunately, gold and silver are not in this ETF. They aren't base metals. XBM has done alright. Is positive the outlook in this space. Is happy to hold this, and a breakout from this current level is possible.
This uses the SGOV and TLT, two popular ETFs, and write a covered call strategy on top. When volatility is high, you want to look at covered calls and option strategies. He's looking at this space, but won't add it now. The covered call isn't panning out for investors now.
Has a covered call overlay. Knew it would be bumpy. Covered calls offer protection, but not if market movements are swift. Pays a good dividend. He averaged in last April. Likes the US names it holds. Is low volatility.
If you want to boost your portfolio, he wouldn't use a covered call to do it, because it caps your upside. The yield is around 15%, but how much of this is capital gains and what are the tax implications?