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IVVW: A 9.83% Yielding S&P 500 Covered Call ETF With The Lowest Fees
Covered call funds are getting cheaper and cheaper.
When investors like Warren Buffett advise to invest in low-cost S&P 500 index funds, it isn’t necessarily because they think fund managers are incompetent. It’s that beating the market is already tricky, and even when you have a fund manager who beats it, it’s unlikely that you will beat the market after paying the management fees.…