European income investor with a €420k dividend portfolio asks for ideas on deploying an additional €50k, listing several allocation options including a tech covered-call ETF.
Unpriced research observations (excluded from Calls and Returns):
FEGI — WATCH The author wants to buy the information-technology covered-call ETF FEGI because his income portfolio currently holds no tech names, which are dominated by consumer staples, financials, REITs and utilities. He considers entering immediately, or alternatively waiting for a drop of at least 20% in the US stock market before investing. The stated rationale is diversification into tech plus income from covered calls written on only 50% of the managed portfolio. resolved_asset_type_mismatch
Enter FEGI immediately (I don't have any tech companies currently in my portfolio, which is also why I want to buy it.