Financial News

3 Hopeless ETFs Ranked From “Disastrous” to “Poor” (You likely own #1.)

Is last week’s rate-cut temper tantrum the start of a bigger meltdown? That’s the big question—and today we’re going to do what we have to do to protect our nest egg—and set ourselves up for big gains (and dividends) in the long run. That means we may only have days to prepare—maybe even hours. The one thing we’re not going to do? Sell and go to cash. Because I know I don’t have to tell you that “money under the mattress” pays no dividend—and isn’t even safe, for that matter: you’re guaranteed to bleed money after inflation! No way. Instead, we’re going to play it smart—deftly pruning our portfolio of laggards and shifting into a set of low-key dividends that will balloon our income (and nest egg) for decades to come.… Read more
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