‘No free lunch’: Covered call ETFs have high yields but come with a trade-off
Prerna Mathews, vice-president of ETF product strategy at Mackenzie Investments, said covered call ETFs typically invest in dividend-paying equities and further enhance income by writing call options on those holdings. A call option provides the right to purchase a security at a set price. She said covered call ETFs essentially earn option premiums in exchange for “giving up” some of the stock’s future gains beyond the set option price.
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Read MoreMortgage Rates Today, Thursday, October 23: Finally Below 6%
Mortgage interest rates continued their downward trend today ahead of next week’s Fed meeting, breaking below 6% for the first time in over a year.
The average interest rate on a 30-year, fixed-rate mortgage ticked down to 5.99% APR, according to rates provided to NerdWallet by Zillow.
» Read more about: Mortgage Rates Today, Thursday, October 23: Finally Below 6% »
Read MoreDow Jones Top Markets Headlines at 9 AM ET: U.S. Stock Futures Edge Lower | Trump's …
U.S. Stock Futures Edge Lower
U.S. stock futures slipped, and shares in Tesla and IBM sold off following yesterday evening earnings reports.
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Trump’s Oil Sanctions Strike at Russia’s Economic Lifeline
The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.
Read MoreStock Market Live October 23: S&P 500 (SPY) Under Pressure Again
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President Trump said that his upcoming meeting with China’s President is scheduled, which does ease some trade war fears.
- Crude oil is up $2.86 to $61.36.
» Read more about: Stock Market Live October 23: S&P 500 (SPY) Under Pressure Again »
Read MoreThese Are the Best High-Yield Savings Account Rates Today, Oct. 29, 2025: APYs up to 5.00%
The Annual Percentage Yield (APY) is accurate as of 10/01/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account.
Read MoreThe Burst
7 Stocks Buffett Bet Billions On
The rule of thumb in investing is to diversify. Yet the most successful investor of all time shuns that rule and bets heavily on a few companies instead. Warren Buffett has almost 90% of his stock portfolio invested in just ten stocks.
Indeed his top 7 holdings collectively are worth about $250 billion and his #1 position represents about half of that amount.
» Read more about: 7 Stocks Buffett Bet Billions On »
Read MoreThe Ivy
Alert: 34.5% Upside in Under the Radar Global Stock
Investment Alert: Buy Celestica (CLS) Under $30/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
» Read more about: Alert: 34.5% Upside in Under the Radar Global Stock »
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