Well said!
At the end of the day, some folks apply their own personal risk tolerance and comfort with certain types of investing to others, as if there were an absolute “good” or “bad” — instead of recognizing that there are many different strategies and products, each with its own use case. Doesn’t matter if it’s an all-in-one ETF, GICs, T-bills, a sector ETF, Mag 7 or blue chip stocks, covered call ETFs with lower, more conservative yields vs. others with more aggressive higher yields, 2x leveraged ETFs, self-managed covered calls, iron condors (selling a call spread + put spread to profit from low volatility/sideways movement), the wheel strategy, LEAPS, margin accounts, the Smith Manoeuvre, etc and etc
As DIY investors, we should all take the time and curiosity to learn about new products and strategies, and figure out whether they actually make sense for our own reality, portfolio, and goals. That’s how we become more mature, savvy, and seasoned over time. - something that does not make sense today, maybe can be useful in the future… keep your mind open
