CRSH & TSLY won't work as hedges of each other. Both are subject to the NAV erosion problem where they drop when they pay their dividend and the underlying stock goes against their intended direction then can't recover the drops due to capping of gains.
Hi, I think when you buy a fund using synthetic strategies, you need to treat it as if you are owing the underlying stock. You don’t just randomly buy the stock, you don’t do average costing like buying index fund, and definitely don’t do auto dripping, you purchase the share when the underlying stock hits the technical supports. For the case of Tsly, I bought my shares when Tsla hit 220s, 180s, and 150s. So far, it works well.
Idk about that you are still getting exposure to all the downside risk and only some of the upside. With a stock like TSLA, that's too volatile to work IMO.
Owning both TSLY and CRSH you could get "Free Money" from both efts. Free Money always good right COTY? I sold every positions on the stock market just to go all-in on TSLY and CRSH at equal weight. I have found the "HOLY GRAIL" of investing.
There are times when "free" money is bad. The thrill of Free money has people doing dumb things. But TSLY and CRSH at 50% each might be the magic beans investment I was looking for.
personally for me i think, owning tsly and crsh doesnt make any sense, if you own both that means, you will lose either goes up or down by the underlying. lol
Yea but that's because you are a smart person and actually critically think about what the investments are doing. As Tactical Stock Scalper said, it's because these people think they are hedging when they are in fact not.
If interest rates fall, then shouldn't the interest income earned by the YieldMax ETFs that hold treasury notes also fall? If that is the case, then the treasury notes' contribution to monthly distributions will be smaller, which could result in lower distributions (or less upside participation, if YieldMax's traders write calls that are close to being in the money to compensate for reduced treasury note income). Frugal J
@@benjaminghiglione9876 lol you may have been one of the few to catch it in the first min it came out. But I noticed YT someone chopped the last few mins so I had to reupload but then my internet went out.
CRSH & TSLY won't work as hedges of each other. Both are subject to the NAV erosion problem where they drop when they pay their dividend and the underlying stock goes against their intended direction then can't recover the drops due to capping of gains.
Thank you for explaining so well! Pinned!
I own CONY, NVDY and YMAX. I'm totally spankin' it!!!!
Love to hear it! Hope they can keep paying off!
If you add TSLY dividends in you'll get a great total return! Would recommend to a friend.
Can't tell if this is serious or not lol - that is shown in the video, there is barley any total return!
@@citizenoftheyearCC My total return is better than some because my average price on TSLY is better than inception price. Thanks for replying.
@@citizenoftheyearCC to be fair, the recent 1month total return outperformed S&P
The people that own tsly and crsh are attempting to hedge, and collect dividends from both in the process.
It's already happened they split the stock and it's still never rebounded
Hi, I think when you buy a fund using synthetic strategies, you need to treat it as if you are owing the underlying stock. You don’t just randomly buy the stock, you don’t do average costing like buying index fund, and definitely don’t do auto dripping, you purchase the share when the underlying stock hits the technical supports. For the case of Tsly, I bought my shares when Tsla hit 220s, 180s, and 150s. So far, it works well.
Idk about that you are still getting exposure to all the downside risk and only some of the upside. With a stock like TSLA, that's too volatile to work IMO.
Owning both TSLY and CRSH you could get "Free Money" from both efts. Free Money always good right COTY? I sold every positions on the stock market just to go all-in on TSLY and CRSH at equal weight. I have found the "HOLY GRAIL" of investing.
That's sarcasm right?
There are times when "free" money is bad. The thrill of Free money has people doing dumb things. But TSLY and CRSH at 50% each might be the magic beans investment I was looking for.
People are idiots is the answer your looking for
We have a correct answers!
personally for me i think, owning tsly and crsh doesnt make any sense, if you own both that means, you will lose either goes up or down by the underlying. lol
Yea but that's because you are a smart person and actually critically think about what the investments are doing. As Tactical Stock Scalper said, it's because these people think they are hedging when they are in fact not.
#NVDY has been very, very good to me. That said, I'm using it for short-term gains, not long-term gains.
Fair enough - I just did my first NVDA covered call today!
If interest rates fall, then shouldn't the interest income earned by the YieldMax ETFs that hold treasury notes also fall?
If that is the case, then the treasury notes' contribution to monthly distributions will be smaller, which could result in lower distributions (or less upside participation, if YieldMax's traders write calls that are close to being in the money to compensate for reduced treasury note income).
Frugal J
Yes this is another great point! Rates won't stay this high forever.
"NAV Erosion" is a term people throw around when they're jealous that they aren't receiving a 169% dividend yield.
@@pkinvesting yup it was my jealousy that I coined this mythological term
Incorrect
@@sshumkaer He is being sarcastic lol
But where is THE SHOCKING TRUTH?! 😳 You can't make a video like this without promising to tell us the shocking truth! 😬
You can’t handle the truth!
Lol
Is this a reposting?
@@benjaminghiglione9876 lol you may have been one of the few to catch it in the first min it came out. But I noticed YT someone chopped the last few mins so I had to reupload but then my internet went out.
Hello
Hello
TSLY has lost money
It's def not been making a ton of money thats for sure!
What did you think of Yieldmax's latest monthly dividend distribution?
Talk with other Dividend Investors: discord.gg/AasPBy3Kky