Experimenting with XQQI and QQQI
I want to do an experiment for a year on this. Buy xqqi at the start of the month, get monthly dividend, sell xqqi, buy qqqi in the 2nd week of the month, get the dividend from qqqi. Sell qqqi and switch back to xqqi next month. Rinse and repeat!
On paper this should give a 30-35% return. Keeping the taxes aside, I want to experiment with 10-20k. Are there any pitfalls ?