But there is good stuff in there - admittedly you have read it before:
“Whereas valuations explain very little of returns over the next one to two years, they have explained 60-90% of subsequent returns over a 10-year time horizon,” the firm noted. “We have yet to find any factor with such strong predictive power for the market over the short term.”
Looking ahead Subramanian envisions more muted returns, or about 2% per year for the S&P 500 over the next decade. Including dividends, returns stand at 4%. The forecast is based on a historical regression looking at today’s price relative to normalized earnings ratio.“

Some recent thoughts fromTRP on the subject ...
T. Rowe Price
As mentioned earlier, a better buying opportunity existed 6-12 months back. I’m not certain this is the best time to dive into these funds after a big run-up.

The TD Ameritrade pricing page confirms that it charges $6.95 for online OTC (pink sheet) transactions in both foreign and domestic stocks. (Schwab charges $50 for online OTC transactions in foreign stocks.) Fidelity charges $0 (aside from a nominal Section 31 fee) for online pink sheet transactions, including foreign stocks.
Though if you want to trade online directly on TSX at Fidelity it will cost you Can$19 plus a currency exchange fee (1% or less depending on amount).
See pp. 3-4 of Fidelity's Fee Schedule
https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/Brokerage_Commissions_Fee_Schedule.pdf

I think the problem is, unless it has an “Americanized” ticker, it only trades on a foreign market (TSX in this case), and therefore would be more expensive to trade (probably the same price as investing in a Croatian internet stock? Ha). I don’t mean to assume, but I believe that rono probably invests in Canadian mining stocks that have a Pink Sheets stock ticker: because they don’t want to pay for the costs/requirements of being listed on a US Exchange, but there is US investor demand for such stocks, they get a ticker (usually more letters than most stocks and ending with an F) and can be traded. However, at least at TDA, the old commission of $7 applies, but it’s cheaper than a foreign exchange transaction at Fidelity ($30-$50 I think...never tried this on TDA). Some of this is off the top of my head, so forgive any inaccuracies.

Exciting High Dividend REITs
https://www.google.com/amp/s/seekingalpha.com/amp/article/4416145-5-exciting-high-dividend-reits
Summary
*Real estate investment trusts ('REITs') are popular with income seeking investors in the current low interest rate environment.
In this article, we highlight five of our favorite REITs in the data center, self-storage, and commercial property industries that represent prime income generation opportunities.
To gauge the forward-looking strength of a company, we use our proprietary Dividend Cushion ratio, which we cover in this article.
Concluding Thoughts
CyrusOne, CubeSmart, Digital Realty, Public Storage, and Realty Income represent five of our favorite dividend growth REITs out there as these firms represent stellar opportunities for income seeking investors. The data center and self-storage industries are great places to locate high-quality income generation ideas with solid growth outlooks and strong payouts. For Realty Income, we expect its business to come surging back as public health authorities in the US and the UK work towards bringing an end to the COVID-19 pandemic, aided by ongoing vaccine distribution efforts. Looking ahead, all five of these REITs should continue to make good on their payout obligations over the coming years with room for dividend growth upside, in our view.*
In the next few years real estates investments may see > 10 20% gain possible

This chart shows why investors should never try to time the stock market
https://www.cnbc.com/2021/03/24/this-chart-shows-why-investors-should-never-try-to-time-the-stock-market.html
KEY POINTS
*Investors should avoid the impulse to time the market, new data from Bank of America shows.
Looking at data going back to 1930, the firm found that if an investor sat out the S&P 500′s 10 best days per decade, total returns would be significantly lower than the return for investors who waited it out.
And the market’s best days typically follow the largest drops, meaning panic selling can lead to missed opportunities on the upside.*
Maybe good to sit back and watch market...who know you may outperform your friends whom are day traders

This is why I have owned one stock in part BA-Boeing for 45 years and will never sell it. I am also 87 in April. There were times when I owned a great deal more.

@royal4 you’re right about the threat of country’s starting their own digital currency and I would never buy non fungible assets but something is afoot...why not try and make something of it? https://www.bostonglobe.com/2021/03/25/business/fidelity-plans-big-bet-bitcoin/

A counter point from Ray Dalio ... https://finance.yahoo.com/news/ray-dalio-on-bitcoin-and-probability-of-ban-130008375.html
Biggest threat is governments outlawing Bitcoin. That said, much smarter people than I are adding it to their Arsenal. Fidelity is close to adding a crypto ETF. As more institutions and companies embrace crypto... I can’t imagine they haven’t investigated this threat. Bitcoin managed just fine today with the options expiring. So far, I’m still positive with my 1K. Having fun with it. Will post an update when it’s worthwhile.

It's being reported that there are no cranes in the area large enough to off-load these containers. The only possibility is to use helicopters. That shouldn't take too long. NPR is reporting that Lloyd's List estimates that the waiting game is costing $9.6 billion per day.
Link to NPR article

https://www.sec.gov/Archives/edgar/data/919160/000139834421007074/fp0063825_497.htm
497 1 fp0063825_497.htm
GUINNESS ATKINSON FUNDS
Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX)
Guinness Atkinson Dividend Builder Fund (GAINX)
SUPPLEMENT DATED MARCH 26, 2021
This Supplement provides new information beyond that contained in the currently effective Summary Prospectus dated May 5, 2020, Prospectus, and Statement of Additional Information (“SAI”) each dated May 1, 2020, as supplemented, for each of the Funds identified above.
Effective March 29, 2021, each of the Guinness Atkinson Asia Pacific Dividend Builder Fund (GAADX) and the Guinness Atkinson Dividend Builder Fund (GAINX) are no longer available for purchase. The funds were converted into exchange traded funds (“ETFs”) on March 26, 2021. The names of the successor ETFs are SmartETFs Asia Pacific Dividend Builder ETF (ADIV) and SmartETFs Dividend Builder ETF (DIVS), and each ETF is listed for trading on the NYSE Arca stock exchange.
For further information, you may contact the funds at 1-800-915-6566 or visit the funds website at www.gafunds.com. You can also call the SmartETFs customer service line at 866-307-5990 or visit the SmartETFs website at www.SmartETFs.com.
For each Fund, this Supplement, the existing Prospectus and SAI provide relevant information for all shareholders and should be retained for future reference. Each Fund’s Prospectus and the SAI have been filed with the Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free:
Guinness Atkinson Funds (800) 915-6566

Kind of what happens as an end result when you ship all your decent paying jobs overseas over the period of 20-30 years...ya'll left with a BS economy...selling weed for tax revenue, working at fast food joints, driving UBERs...and the good paying jobs are either in overpriced health care segment or developing apps that society would arguably be better off without and wouldn't miss them if they didn't exist, keeping rates low so mortgage finance officers can make bank and realtors and local tax districts can suckle of the false teet of overprice real estate....so you get what I would call instead of EXPLOIT...BSECONO....
Side Note: Love how many of the folks who run for local office on school boards etc, state they own their own business...I always ask them, very nice, congrats...how many associates do you employ, what kind of budget did you manage, what were your revenues over the past threee years...oh...so really you were a free lance graphic artist working on average 25 hours a week...
Get used to it...if the real economy was real sound, you wouldn't have folks particpating in these BS, screw the worker grunt, no bennies, while exec's make bank types of companies. They would get laughed out of existence.
But...we like it, don't we, we all buy from Bezos, squeezing local merchants and like our UBERs don't we?
Baseball Fan

What is the Gig Economy?The “gig economy” refers to the group of companies that embrace, support or otherwise benefit from aworkforce where independent consultants, contractors, temporary or on-call workers are empowered tocreate their own freelance business by leveraging recent developments in technology platforms thatenable individuals to offer their services directly to retail and commercial customers.

SOFI ETF GIGE
Interview with the manager:
https://theirrelevantinvestor.com/2021/03/26/20543/

Three times the upside and only one times the downside. Finally, the ultimate plan has been presented.
I can't wait and probably you, too. :) :) :)
Have a pleasant day.
Catch
Innovator etf's

For some sense of size:
The pictured tug boat Baraka 1 is 69 meters long (226 ft.) with a beam (width) of 16 meters or 50.5 feet. That makes the tug boat substantially larger than a typical 180’ long great lakes Coast Guard cutter like the USCGC Sundew. (pictured).
No idea how to free this. I’d call Elon Musk for ideas. The bill will be huge. More experience with ships stuck in ice in this region than in sand. In ice they try to shift weight side to side and rock the boat. But here ..... :)

Not necessarily the Captain. During canal transit the ships are all under the control of local pilots, supposedly specially trained and qualified to handle the tight passage and the heavy winds which are frequent in the area.
The banks in the area where the ship is located are nothing but sand, and are already crumbling where the ship impacted the bank.. How would you even get the type of huge cranes necessary for handling loaded containers there?
This morning's WSJ has some good pics and lots of detailed info on the situation.

The Captain is always responsible. It's an ancient rule. It was the Captain's decision to sail under the prevailing conditions. The captain is also responsible for making sure there were enough tugs to handle prevailing conditions.
Pilots might face some blow-back depending on local regulations, and the result of drug and alcohol testing. Check out the Cosco Busan incident from a port near you. What happened to Capt. Cota was actually sort of a new development in the US industry at the time.
Given the current timeline, and economic impact, I'm really surprised they don't already have lift capacity installed on barges. It's not like all those containers are filled with lead. They certainly wouldn't need a lot of fancy tech to offload fuel and ballast.
The BBC makes it sound hard. But somebody has a manifest. And there are people that specialize in loading and unloading container ships so that they don't tip over when they're along side. Which this ship essentially is.

https://www.sec.gov/Archives/edgar/data/1396092/000138713121003897/dghm-497_032521.htm
497 1 dghm-497_032521.htm SUPPLEMENT DATED MARCH 25, 2021
DGHM MicroCap Value Fund
Investor Class Shares (DGMMX)
Institutional Class Shares (DGMIX)
Supplement dated March 25, 2021
to the Prospectus and Statement of Additional Information (“SAI”),
each dated June 29, 2020
The Board of Trustees (the “Board”) of World Funds Trust (the “Trust”) has approved a Plan of Liquidation (the “Plan”) for the DGHM MicroCap Value Fund (the “Fund”), which became effective on March 25, 2021. Dalton, Greiner, Hartman, Maher & Co., LLC (the “Adviser”) recommended that the Board approve the Plan due to a diminished asset base and correspondingly rising expenses of the Fund, which the Adviser has indicated that it is no longer willing to continue to subsidize. As a result, the Board concluded that it is in the best interest of the Fund’s shareholders to liquidate the Fund. The Fund is expected to liquidate on or about April 26, 2021 (the “Liquidation Date”).
Effective March 25, 2021, the Fund was closed to new and subsequent investments. Until the Liquidation Date, Fund shareholders may continue to reinvest dividends and distributions in the Fund or redeem their shares. Any remaining shareholders on the Liquidation Date will receive a distribution of their remaining investment value in the Fund based on the instructions listed on your account. The sale or liquidation of your shares will generally be a taxable event. You should consult your tax advisor about your tax situation.
As shareholders redeem shares of the Fund between March 25, 2021 and the Liquidation Date, the Fund may not be able to maintain its stated investment goal and other investment policies. Accordingly, the Fund may deviate from its stated investment goal and other investment policies during the period between March 25, 2021 and the Liquidation Date.
If you have questions or need assistance, please contact your financial advisor directly or the Fund toll-free at 1-800-673-0550.
This Supplement and the existing Prospectus provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the SAI have been filed with the Securities and Exchange Commission, are incorporated by reference, and can be obtained without charge by calling the Fund toll-free at 1-800-673-0550.

@Crash (and others)—they also have two preferred shares, AQNA (~6.2% yield) and AQNB (just over 5.5%), that offer yields above the common (which yields 3.94%). The -A preferred is call protected until 2023, at which time it will either float its dividend rate, or be called, and the -B preferred until 2024. Just a couple of options to consider :)
I think utilities that are already into renewables, such as AQN, will be rewarded in the future, as they will be ahead of the curve, similar to TSLA having a very large head start over the traditional car makers. Some others to look at are NextEra Energy, NEE, and Dominion, D, which sold off a pipeline last year in an effort to pivot to more “green” power generation/distribution.
I had forgotten about AQN, Crash....thanks for bringing it up! And not trying to take over the thread, but the “renewablization” of utilities is something I think the 2020’s will bring also!

A few more days before the plug is pulled:
https://bloomberg.com/news/articles/2021-03-25/elite-salvagers-set-to-tackle-massive-ship-blocking-suez-canal-kmok2nry?srnd=premium