- You know those technology stocks that have corrected 20% or more already. Trying taking off another 11% to 13%. Is that getting cheap enough for you?
- Then consider a value fund that just breached the 100% market price premium level. Who in their right mind would buy that when you're looking at a 50% loss eventually?
- You want some more reasons to buy technology and sell value as fast as you can? Try the fact that these technology funds are less volatile than the value fund.
- You heard that right. Not only are these technology funds vastly cheaper, their NAVs will likely hold up better if we go into another market crash like in March.
- What funds am I talking about? Equity-based CEFs of course. No where will you find more insane decisions being made of what to buy and what to sell than in CEFs.
For further details see:
Equity CEFs: When Tech Is Cheap And Value Is Expensive