Posted by ducati998 under portfolio
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IBB is my long-term core position that I trade around. I collect circa 1% return/month on this core position, irrespective of capital fluctuations.
IBB had a bit of a move higher this week. There is a bit of chatter that this might be the end of the down trend and the start of a move higher, but, who knows.
XIB which is another biotech ETF actually has a higher dividend and a lower priced unit. I’m tempted to flippe-floppe into XIB as it suits my trading style better than a high priced stock, so tomorrow I may swap, even though I’ll incur brokerage charges all around.