The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.
We continue the discussion from the last entry.
There are two final instruments to mention when it comes to our Sharpe Income project here at Sharpe Trade. You may have noticed this each week in the PDF, that it states …
Well, there is no time like the present to mention not only that Income stock, but as well, another ETF for our basket of capital gains ETF’s that supports our income assets.
The ETF for our capital gains ‘basket’ is … “The Q’s”, or QQQ. An ETF that attempts to track the Nasdaq 100 Index. The income stock … is Wells Fargo (WFC). Of the actual banks, one with probably the most institutional backing, and is in the best shape.
Both should do well over a period of time. But do not forget, each fulfills a different purpose in this income account. Wells Fargo (WFC) I buy and accumulate for it’s stability and it’s dividend, and will accumulate over time. The other? The Q’s? Well, technology is volatile, but it tends to explode higher over time. So I will pick up a little bit of the Q’s over time as well, for capital gains.
The spreadsheet has been updated with this information.
The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.
We continue the Sharpe Income project with this next entry.