Man I'm just starting my etf investing journey. I don't have much money as I don't work but I was able to start my small portfolio with 5k split evenly between ULTY and MSTY. I havent been in long enough to recieve a dividend yet, but am looking forward to reinvesting any little bit that comes my way. Cheers
Nice job getting started! 5k is a great way to kick things off. Just hang tight for those dividends, and reinvesting will definitely help your portfolio grow. Cheers to your investing journey!
Just got into MSTY a few weeks ago DCA into it like $50-100 a week, got first dividend of $43 ish last month! So far so good, will DCA into it weekly. Great video! Already subscribed!
I use a reliable dividend calculator in conjunction with spreadsheets to demonstrate these figures. There are many great tools online that you can explore to find one that suits your needs. Here is one, however, you have to put the number right. www.marketbeat.com/dividends/calculator/
After the crypto bull run and bitcoin drops around 30 to 50% mstr share price will tank and so will the dividend, so in my opinion, this is a short term hold.
@@rousemkg 30 to 50% drop in crypto is expected at the end of the bull run for bitcoin, every other crypto will be even more. Everything that correlates with crypto will also drop drastically.
@@KevinDaly-v8o " but will be unlikely to achieve." Knowing how to read support and resistance on a daily stock chart improve your odds, if you only sell 'at the money' or slightly 'out of the money' cash secured puts, when the share price of your stock/ETF is at a support level, and is showing signs of going back up in price. A few days of rising price. The second most important thing to know, is how to ROLL an 'in the money' cash secured put, on, or a day or two, before expiration, for a net credit. 'Buy to close' the 'in the money' put for a loss, and simultaneously (two leg trading ticket), 'sell to open' a new put that is one strike price lower, and out to an expiration, that is far enough away to earn a premium that is LARGER than the cost of 'buying to close' the old put. You create a net credit. You get PAID to improve your position, in baby steps when things go south. By lowering the strike price by one strike, you lower the cash collateral being held as collateral, and you keep the expiration dates as short as possible. You also lower the potential purchase price, if you eventually choose to let the put get assigned. Just my 2 cents worth, from profitably selling thousands of covered calls and cash secured puts over the last 4 years.
Hi. Have you done a video on ULTY since the new prospectus has been in effect? I would really like to get your take on that ETF. Thank you for your vids, ive learned a lot.
Thank you very much and I'm glad you found my vids helpful. Yes I have, I did one about a month ago. Check it out here: ruclips.net/video/mejw-9eHY7g/видео.html
Nice idea ... but the dog has some fleas! High income in CC fonds are generated by high volatility aka price changes ... it's maybe to early to dream about "no NAV erosion" altough Microsoft is a winner on the long run for all I care
I would suggest studying the wheel strategy because it is way less risky than investing in these funds. You don't actually own anything with these funds.
Thank you for your input! The wheel strategy is definitely worth considering for those looking to minimize risk. I appreciate you sharing your input. End of the day, each investor should invest based on their goal.
Man I'm just starting my etf investing journey. I don't have much money as I don't work but I was able to start my small portfolio with 5k split evenly between ULTY and MSTY. I havent been in long enough to recieve a dividend yet, but am looking forward to reinvesting any little bit that comes my way. Cheers
Nice job getting started! 5k is a great way to kick things off. Just hang tight for those dividends, and reinvesting will definitely help your portfolio grow. Cheers to your investing journey!
best to apply all in MSTY, last month they paid $4.19 on each share
Just got into MSTY a few weeks ago DCA into it like $50-100 a week, got first dividend of $43 ish last month! So far so good, will DCA into it weekly. Great video!
Already subscribed!
Awesome to hear you’re enjoying MSTY! Dollar-cost averaging is a great strategy, and that dividend is a nice bonus! Keep it up!
How many shares do you have?
Hi... What website do you use to calculate those annual dividends at 6:50 in your video?
I use a reliable dividend calculator in conjunction with spreadsheets to demonstrate these figures. There are many great tools online that you can explore to find one that suits your needs. Here is one, however, you have to put the number right. www.marketbeat.com/dividends/calculator/
After the crypto bull run and bitcoin drops around 30 to 50% mstr share price will tank and so will the dividend, so in my opinion, this is a short term hold.
Thank you for sharing your insights! It’s always great to hear different perspectives, especially in such a volatile market.
WHEN BTC drops in price that seems like it would be the perfect time to....buy BITCOIN.
30 to 50% ?? That's not happening bro
@@rousemkg 30 to 50% drop in crypto is expected at the end of the bull run for bitcoin, every other crypto will be even more. Everything that correlates with crypto will also drop drastically.
Thanks!
Thank you very much for your support! Always appreciated.
I love MSTY. It's definitely a top long-term option, especially since they are committed to buying BTC indefinitely.
Thanks for sharing your thoughts! MSTY really does have a solid approach when it comes to BTC investment.
Can msty last 10 years? I want to retire soon but scared that they would just shut it down.
@@benny2125I think they can last
How about adding another layer of income by selling monthly puts?
Great idea! Selling puts could totally boost that income. Let's make it rain! 💰 BUT i'd say, only if one knows how to do option trading!
@ it’s not rocket science. Sell at a price that still pays but will be unlikely to achieve.
@@KevinDaly-v8o " but will be unlikely to achieve."
Knowing how to read support and resistance on a daily stock chart improve your odds, if you only sell 'at the money' or slightly 'out of the money' cash secured puts, when the share price of your stock/ETF is at a support level, and is showing signs of going back up in price. A few days of rising price.
The second most important thing to know, is how to ROLL an 'in the money' cash secured put, on, or a day or two, before expiration, for a net credit.
'Buy to close' the 'in the money' put for a loss, and simultaneously (two leg trading ticket), 'sell to open' a new put that is one strike price lower, and out to an expiration, that is far enough away to earn a premium that is LARGER than the cost of 'buying to close' the old put. You create a net credit.
You get PAID to improve your position, in baby steps when things go south.
By lowering the strike price by one strike, you lower the cash collateral being held as collateral, and you keep the expiration dates as short as possible.
You also lower the potential purchase price, if you eventually choose to let the put get assigned.
Just my 2 cents worth, from profitably selling thousands of covered calls and cash secured puts over the last 4 years.
Hi. Have you done a video on ULTY since the new prospectus has been in effect? I would really like to get your take on that ETF. Thank you for your vids, ive learned a lot.
Thank you very much and I'm glad you found my vids helpful.
Yes I have, I did one about a month ago. Check it out here: ruclips.net/video/mejw-9eHY7g/видео.html
Nice idea ... but the dog has some fleas! High income in CC fonds are generated by high volatility aka price changes ... it's maybe to early to dream about "no NAV erosion" altough Microsoft is a winner on the long run for all I care
Totally get what you mean! It’s a wild ride with these funds. Microsoft is a solid pick for sure! Let’s see how everything plays out!
Can we purchase MSTY on Yeildmax?
I guess, I answered you on the other comment earlier! You can buy them on any brokerage house (banks & online banks).
I would suggest studying the wheel strategy because it is way less risky than investing in these funds. You don't actually own anything with these funds.
Thank you for your input! The wheel strategy is definitely worth considering for those looking to minimize risk. I appreciate you sharing your input. End of the day, each investor should invest based on their goal.
Please show your actual portfolio instead of showing gains with a calculator.
Why show my portfolio when I can just dazzle you with my math skills? Just kidding! I’ll consider that for future videos.