$10K In MSTY ETF Will Surpass Your Full Time Job!
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- Опубликовано: 1 окт 2024
- Investing $10,000 in MSTY ETF could potentially surpass your full-time job income! Watch this video to learn more about this investment opportunity. #msty #yieldmax #financailfreedom
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Hi and welcome to my channel!
$10,000 Invested In MSTY ETF Will Surpass Your Full Time Job!
*I am not a financial advisor, I make these videos for fun! This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles.
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You should do a video on NVDY!
Thank you for your suggestion! I did make a video on #nvdy couple months ago. Here it's: ruclips.net/video/ch0K_FTnJQ4/видео.html
@thinkpassiv thank you for the link. MSTY, CONY are temporary investment. When this bull cycle ends, which is estimated towards the end of 2025, MSTY and CONY will face serious NAV erosion and will face a decline in dividends. This is just my opinion. Semiconductors are always needed, and NVDA or NVDY are better long-term plays.
Don’t forget taxes.
You get taxed on your dividends.
You get taxed when you sell MSTY.
So add years for that cut.
I was waiting for this guy to mention taxes.
It’s a good point you pointed out. However, I don’t mention or calculate taxes because everyone pays taxes differently based on accounts they’ve invested in. Tax differed, tax free (like Roth) accounts etc.
In the first video I made about this topic, I mentioned taxes and why I didn’t account for it.
ruclips.net/video/9yIFNEVeILI/видео.htmlsi=yPQvBFwN78X-83ev
No taxes in a Roth IRA, ever.
@@CarlosGunX Exactly! Thanks for reminding @spiritfulhealing8605 about that.
for most people in usa if you earn below than 50k which most people do! they do not get tax as you need to make more thank 50k not to mention if you are married probably 90k per year. so you need to earn a good amount of money before you even get taxed.
@@kennyplayer7731 great point!
Too Good to To Be True 🤔 Tanking worries 😟
Haha well, I hear your concern and its good to be cautious with your investments!
can you talk about the tax implications of holding msty for a year. if it isnt in a tax free account it doesnt make sense to hold it
Depends, are you going to use the money? Then it makea sense to just collect and pay your taxes.
Are you making enough and you're just saving for the future? Then it's probably not worth it 🤷♀️
It's all situational. But it's similar to someone avoiding a promotion because they don't want to pay more in taxes. Raises in your income will never be outpaced by taxes. Even if you jump brackets, the money made in the new bracket gets taxed higher, everything under remains the same. Don't be afraid of taxes, get your money
@delbomb3131 Thank you very much for your reply! I totally agree with you on that.
If you are reinvesting the dividends back in - which is the example he has given - you don’t pay taxes until you start cashing the dividends or selling the underlying asset. Which after 10 years would put you in the 12% captive gains bracket.
@@chriswb7 whoa whoa whoa, that's not true. If you reinvest or use a drip program offered by a broker, you're still liable to pay the taxes on dividends/distributions. Does not matter if they never leave your brokerage account. If someone convinced you of this, you need to visit a new tax professional immediately.
@@chriswb7 well it keeps deleting my reply, but this is absolutely false. You need to pay taxes on all dividends unless they're in a tax sheltered account
Do you think this fund is sustainable for say four to five years? And what would happen if bitcoin price crashes for a few months?
Buy more. Why are you buying the fund? Many of us are here for the dividend income. As long as it keeps paying, the share price is kinda irrelevant. The volatility pays the dividend.
The future of bitcoin is nothing but anyone’s guess! As for this fund and its underlying stock will all depend on Bitcoin plus AI. But these two things seem promising.
Yes, exactly! The more volatile stock is the more income generated.
@@thinkpassiv and what if volatilty dies down and your not in profit jet
@@kaischreiber6833and taxes
I’ll go 10k in Nvdy or amzy first. Bit coin is nuts and it would give me a ulcer
I totally got your point! #nvdy and #amzy are solids ETF picks too. Glad you know what you can tolerate and what you can not!
That's a lot of risk to reinvest everything tomorrow is never promised.
It's definitely important to consider the risks involved before making big investment decisions. You can alway diversify and buy other funds!
With that mindset then there is not point to investing at all then, why bother with any investment?