tech_yogi

PFF - My personal emotional rollercoaster

NASDAQ:PFF   iShares Preferred and Income Securities ETF
Hope you learn from my emotional rollercoaster. PFF is supposed to be a stable monthly income play. In fact, some financial advisors treat it as cash/savings account. I was looking to park a large chunk of cash using this instrument in hopes to get a better yield than 1.5% I get from my savings account. Thankfully, I was scaling into the position which I got washed out of. If I would have started the monthly contribution process a year ago, I would be shitting lava bricks today. The kind of drops in such instruments make you believe something is *extremely* broken. Be VERY VERY careful out there in deploying your hard earned cash to use. Those profits you don't have are not worth losing what you do have!
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.