I assume you have loaded up on ILF as well? While CWT has weathered the storm well, I think that ILF has (much to my chagrin) been viciously oversold and is should bounce well when some of the fear leaves the market.
I'm starting to tend to think like you, looking more for passive steady income, irrespective of what the market does. I'm still fairly young and so have time on my side. They say that Warren Buffet has only averaged a few percent over the market average of 9-10%, but done it over a long period of time...not a bad way to be if you ask me!
Of course, this way of thinking won't stop me from taking the odd punt, but the opportunity would have somewhat special.
IC
CWT Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
