Living off Dividends
Asher Rogovy, Chief Investment Officer of Magnifina, says, “Covered call funds are a very interesting financial innovation.”
Asher Rogovy
January 31, 2023
Asher Rogovy, Chief Investment Officer of Magnifina, says, “Covered call funds are a very interesting financial innovation.”
“Unsophisticated investors are buying things without understanding how they work.” says Rogovy.
“It’s easy to succumb to greed when investing a lump sum all at once.” says Asher Rogovy, chief investment officer at Magnifina.
Asher Rogovy, chief investment officer at Magnifina, says the USDX also has some shortcomings that investors should understand.
“I’m always surprised how often investors forget that plain old stocks hedge against inflation over the long term,” says Rogovy.
For Asher Rogovy, the biggest concern investors should focus on right now is the actions of Tesla’s senior executives. “Over the past 12 months, insiders have sold over $25 billion in shares.”
“Tech stocks showing positive earnings and cash flow tend to be less volatile in a bear market.”
Asher Rogovy, chief investment officer of Magnifina LLC, suggests that a multi-unit property may be more suitable as an investment than a small one. “More rental income helps amortize custodial fees,” Rogovy says.
“Commodities don’t produce anything the way traditional investments do (i.e., profit, dividends, rent),” says Asher Rogovy, Chief Investment Officer for Magnifina
That salt shaker on your table isn’t worth very much now, but ancient cultures used salt as a form of money, said Asher Rogovy, CIO of Magnifina, an SEC-registered investment advisor.