
What in the World is Goin' On Here?!
Oh boy oh boy oh boy! This year's been tougher than tryin' to sell ice to penguins but not for everyone! That Warren Buffett and his Berkshire Hathaway are struttin' around like peacocks! They're up 17% this year while the S&P 500 is down 6%. That's like me actually catchin' a fish... UNHEARD OF! It's got everyone squawking ahead of their big shareholder meeting. Makes me wanna quack with excitement or maybe just quack at Huey Dewey and Louie!
A New ETF? Now That's the Berries!
And get this! Some fellas cooked up a new ETF (whatever THAT is!) called VistaShares Target 15 Berkshire Select Income ETF (OMAH). Sounds like a mouthful even for me! It's got all the top Berkshire stocks including Apple American Express and even Coca Cola that fizzy stuff ol' Buffett loves so much. Seems like everyone's trying to get a piece of that Buffett luck. I should buy some... after I figure out what an ETF *really* is! "It's a really well balanced portfolio chosen by the most successful investor the world has ever seen," says some fella called Adam Patti according to what I heard.
Berkshire's Big Win: A Duck's Dream!
It ain't just this year either! Berkshire's been trouncing the market for ages! Tripled the market's performance last year and doubled it over the past five! Hot diggity daffodil! That's enough to make a duck forget all about his troubles... almost. I'm still not sure how they do it. Is it magic? Is it luck? Is it just plain better than my investments in bubblegum futures? Probably.
Cash is King (or Queen or Duck?)
They say Buffett's sitting on a mountain of cash higher than Mount Neverest! He even sold off some Apple stock which turned out to be a stroke of genius! With the S&P 500 wobbling like a jelly some folks are lookin' for something solid. And Berkshire well it's solid as a rock... or at least a big ol' gold coin! "The market has been momentum driven for many years the switch has flipped and we're looking at quality in terms of exposure and Berkshire Hathaway has performed incredibly well this year handily outperforming the S & P 500," according to Patti. Whatever THAT means!
No Dividends? What's the Big Idea?!
Now here's the rub! Berkshire doesn't pay dividends! That's like Scrooge McDuck refusing to dive into his money bin! Buffett says he can make more money reinvesting it which is fine and dandy... for *him*! But some folks want that sweet sweet income! That's where this new ETF comes in tryin' to make everyone happy. Seems someone finally had a smart idea... that wasn't me.
Quack for Income or Just Quack Along!
This VistaShares thingamajigger is trying to give investors a 15% annual income by selling call options and handing out monthly payments. Sounds complicated but the goal is simple: make money! "Who doesn't want to invest like Buffett but with income?" Patti asks. Well I do for one! Maybe it's time I gave up on my jelly bean futures and got me some of this action. It might just be enough to finally buy that bigger yacht I've always wanted. Aw phooey who am I kidding? I'll probably just buy more bubblegum!
hantu123
I'm not so sure about this 15% income claim. Sounds too good to be true.
tjs1123
Finally, someone who explains investing in a language I understand!
koreyspikes
Buffett is a genius, plain and simple.
mykey1
Investing can be fun!