He Wants to Switch from 00878 to 00919, Internet Recommends Leveraged ETF: The Right Solution

Reported 8 months ago

FTNN News Network, June 20, 2024 - Taiwan stocks rose 196.56 points on June 20, reaching 23,406.10 points with a 0.85% increase. Stocks like Cathay Sustainable High Dividend (00878) hit a new high of 23.98 NT dollars, while Yuanta Taiwan Selection High Dividend (00919) also rose to 27.08 NT dollars. A netizen observed the recent trend and planned to sell 00878 to buy 00919, but most advised buying the leveraged ETF Yuanta Taiwan 50 Bull 2 (00631L), rather than switching directly. The original poster sought advice on transitioning funds from 00878 to 00919, receiving mixed responses including suggestions to stay invested, indicating concerns over the move.

Source: YAHOO

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