- Entry
- $628.30
- Now
- $688.50 +9.6%
- Target
- —
- Score
- —
Feel I really dodged a bullet here. Put about 100k into several high yield covered call yield traps in my IRA. Luckily no tax implications. Knew better. If it’s too good to be true….. Started May 1 and was doing ok for a while. Nice distribution, but along with it, the dreaded nav erosion. Watched my total return start shrinking and kept dripping. I’m about 8 years to retirement and finally pulled my head out of the sand and saw …
— ORIGINAL POST ·
Sold out of all my covered call funds today
· r/investing
· Jan 4, 2026