No, I picked the last 12 months and MSTY is down 32 to 23. The dividens were 29 bucks, so total return 32 to 52. But MSTR went up from 150 to 403....
I got confused there for a while. So if the ETF is dropping that is incentivizing me to dollar cost average aka invest the dividends. Nice.
Just check the ETF prices. So their very best ETF is up a huge 10%, yeeehhhaaa! Edit: MSTY is also down in the last 12 months, 32 to 23....
I know, that is why I called them a practical ponzi not a straight up ponzi. So the underlying keeps diverging toward zero (because of NAV decay)...
Unfortunately for you as the original ETF is dwindling away, so does the dividend. So you may collect 124% just on a much smaller and smaller...
Everybody. Madoff was king of the hill with 10-11% annual returns. What I am saying YieldMax could pay out "only" 50% in dividends instead of 100%...
But they could be making 20-50 times more if they charged 50% of profits. You know like real HFs do, who don't run a ponzi.
That was my next question. looks like your quoted example is with reinvested dividends, because the dividend.com list the annual as 68%. Actually...
So in plain English you are saying the pay out last year was equivalent with the stock's price (that being $32 a year ago). So if you bought in a...
Thanks John for making the new thread, I got too lazy. The whole Yieldmax ETf thing is fascinating. In a way that it is more of a practical...
It is not a bug, it is a feature.
Exactly. I thought it was pretty clear.
So statistically we are due for one. :) By the way the thread is not about May. Even if May is positive, if you don't get out when the market is...
I don't make the rules, I just write them down. :) 2021 and 2022 were both break even for May. AI says: "The phrase is based on historical...
I like to watch Dr. Mike videos for entertainment. But I always smile when he criticizes Mr. World or Mr. Olympia or whatever winners. After all,...
So which one is true? 1? 2? Both? Neither?
I think YMAX deserves its own thread, I am going to start one soon. But when good looking East European girls are pushing a financial product on...
"Plow the ~10% monthly yield straight back in and let your stack balloon 30–100× over four years. History shows the price possibly drifts back to...
[MEDIA] "These are not great products. One thing that no one seems to have grasped is that the underlying stock is getting called away, which...
OK, this YieldMax thing got me interested. Here is what I don't get. Why would they give away 80-100% or so of their profits annually in dividends...
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