Strange Situation

[william the wie]

I bought 6 low Beta ETFs to offset my oil and S&P hedges and it seems like I'm getting daily dividend payments. Anyone know the reason why or even a theory as to why that should be?

 

[HenryBHough]

Cash the checks into a new separate account and don't spend any. Then when they figure it out you'll be able to pay it back without pain.

 

[BlackSand]

I bought 6 low Beta ETFs to offset my oil and S&P hedges and it seems like I'm getting daily dividend payments. Anyone know the reason why or even a theory as to why that should be?

Lolz ... That is because they can pay dividends daily.
Are you running Smart Betas and do you have the option to take your dividends in additional offerings?

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[william the wie]

I'm just leaving it in my brokerage account. This isn't quite as strange as the time I had an out of the money put exercised against me but it is still pretty strange.

 

[BlackSand]

I'm just leaving it in my brokerage account. This isn't quite as strange as the time I had an out of the money put exercised against me but it is still pretty strange.

Nah ... Some Betas pay daily, weekly, monthly, quarterly or annual dividends depending on their set-up.
Actually ... Betas in some cases are designed to provide "income" ... Not just a long-term investment.

Keep an eye on the rating and stay away from anything over a 1 if you aren't sure what you are doing.

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[william the wie]

Lolz ... That is because they can pay dividends daily.
Are you running Smart Betas and do you have the option to take your dividends in additional offerings?

.

I just use the total risk column in my August AAII journal to keep me in the black while I wait for the inevitable crash to pay off big. I try to keep my strategies idiot proof for when everything goes from strange to downright weird.

 

[william the wie]

I'm just leaving it in my brokerage account. This isn't quite as strange as the time I had an out of the money put exercised against me but it is still pretty strange.

Nah ... Some Betas pay daily, weekly, monthly, quarterly or annual dividends depending on their set-up.
Actually ... Bates in some cases are designed to provide "income" ... Not just a long-term investment.

Keep an eye on the rating and stay away from anything over a 1 if you aren't sure what you are doing.

.

Thanks. I've been the market long enough that I really do appreciate being reminded of the basics.

 

[william the wie]

My average beta is about .9, maybe .8.

AMLP
FXU
SPLV
XLK
XLP
PEY