I'm not sure if my "title" is accurate but my question is about MLPs and ETFs. I have made and lost alot of money buying single country or single company MLPs and ETFs and am wondering if my ride would be smoother without giving up too much upside by buying multi asset etfs. Examples:
AMLP vs LINE (I made HUGE amount of $ in LINE and did sell off as I went, to rebalance, but still...in the end it went from 35 to 3, and I do not keep up on things well enough to catch these things. I just bought AMLP which has a decent yield and spreads its risks out a bit.
Instead of AGNC (which I own, and although I made alot of money after I bought it, the last year or two has been most hideous...most hideous indeed) - I think there are a couple of multi mReit funds like MORT, etc. that are actually "unbalanced" because they aren't equal weighted, but at least I'd own a few mReits vs 1. Yes, when the category goes down, they all go down, but it would mititgate the risks a bit.
I do have small positions in RSXJ (russian small cap) and GREK (greek 20) for contrarian shots. I should've waited though ... they declined 20% the minute I bought them, even though they'd both gone down 60% BEFORE I bought them. I do see now that everyone's mostly forgotten about them and they're just sitting there now ... now is the time to buy them! But I don't think there's an "index" for buying "long shot troubled countries" so I'll stick with these for now.
Thanks for any feedback.
AMLP vs LINE (I made HUGE amount of $ in LINE and did sell off as I went, to rebalance, but still...in the end it went from 35 to 3, and I do not keep up on things well enough to catch these things. I just bought AMLP which has a decent yield and spreads its risks out a bit.
Instead of AGNC (which I own, and although I made alot of money after I bought it, the last year or two has been most hideous...most hideous indeed) - I think there are a couple of multi mReit funds like MORT, etc. that are actually "unbalanced" because they aren't equal weighted, but at least I'd own a few mReits vs 1. Yes, when the category goes down, they all go down, but it would mititgate the risks a bit.
I do have small positions in RSXJ (russian small cap) and GREK (greek 20) for contrarian shots. I should've waited though ... they declined 20% the minute I bought them, even though they'd both gone down 60% BEFORE I bought them. I do see now that everyone's mostly forgotten about them and they're just sitting there now ... now is the time to buy them! But I don't think there's an "index" for buying "long shot troubled countries" so I'll stick with these for now.
Thanks for any feedback.