$SPDR Portfolio S&P 500 Value ETF(SPYV)$In time of super volatility and uncertainty, and tech stocks badly hit, i would prefer to invest in valued stock or a ETF.
The SPYV will be one of the choice, dependings on one's risk appetite. If also paid out quarterly dividend, but do note,for non U.S. citizen, there is a 30% dividend tax!)
Im also recommend using Wheel Option strategy on this ETF, to collect some premium. (Premium may not be very attractive, so again, it up to one's preference).
With the premium collected from selling covered calls or covered put option and the dividend collected, you can do DCA on the SPYV ETF, in a way you lower your initiation investment cost.
disclaimers:
- Im not a Financial Planner or any certified in any financial.
- This is not a recommendation to buy or sell.
- This is purely for sharing and educational purposes, if not for entertainment purposes.
- Always do your own due diligence #dyodd
last but not least,
Do share with me your thoughts
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