Gold and Bitcoin hit record high prices, attracting investors seeking non-traditional assets. Stocks at record levels and bonds volatile, prompting interest in alternative income-generating assets like gold and Bitcoin. BlackRock files for Bitcoin premium income ETF, signaling growing interest in this strategy. Simplify Asset Management offers gold and Bitcoin income ETFs.
Financial advisors advocate larger cryptocurrency allocations as traditional 60-40 portfolio underperforms. ETFs like Simplify Bitcoin Strategy PLUS Income ETF have small AUM compared to traditional gold and Bitcoin exposure. NEOS Investments’ NEOS Gold High Income ETF combines gold exposure with covered call options for monthly income. Investors reconsidering portfolio construction in search for new ways to invest in alternatives.
Income overlay strategy gaining popularity in ETF space, expanding beyond gold and Bitcoin. Rosenbluth notes income approach may appeal to retail investors seeking high yields. Covered call options in ETFs like JEPI offer new way to invest in stocks with income component. ETFs like Warren Buffett’s picks and Bill Ackman’s portfolio also incorporating income strategy to attract investors. ETFs becoming preferred vehicle for market exposures, reflecting growing adoption of ETFs for investing. 1. The FDA has approved a new drug to treat Alzheimer’s disease, the first of its kind in nearly two decades. The drug, called Aduhelm, has shown promise in slowing the progression of the disease in clinical trials.
2. Scientists have discovered a new species of dinosaur in Chile, named Arackar licanantay. The dinosaur is believed to have lived around 74 million years ago and is a member of the group of dinosaurs known as theropods.
3. The European Union has proposed new rules to curb the use of artificial intelligence in areas that pose a high risk to citizens’ rights, such as facial recognition technology. The rules aim to protect individuals from potential harm caused by AI systems.
4. The United Nations has issued a warning about the impact of climate change on global food security. The report highlights the urgent need for action to address the effects of climate change on food production and distribution.
5. A recent study has found that people who regularly consume spicy foods may have a lower risk of death from certain diseases, including cancer and heart disease. The study suggests that the compounds found in spicy foods may have protective effects on the body.
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1. Apple announces new iPhone 13 lineup, featuring smaller notch and improved battery life. Prices start at $699 for iPhone 13 mini and $999 for iPhone 13 Pro.
2. Federal Reserve signals potential tapering of bond purchases by end of year, amid rising inflation concerns. Interest rates expected to remain unchanged for now.
3. Tesla’s Elon Musk unveils plans for humanoid robot, named “Tesla Bot”, designed to perform “unsafe, repetitive, boring tasks”. Prototype set to be revealed in 2022.
4. Facebook faces backlash over plans to develop Instagram for kids under 13. Critics raise concerns about potential harm to children’s mental health and privacy.
5. Amazon launches new program to help employees get certification in fields such as healthcare and IT. Initiative aims to support career advancement within the company.: How gold, bitcoin are going beyond market hedge to become income plays