I got my wife on board to start selling a little NVDA. We wandered into that gold mine and have made a fortune on it, but I worry that one bad quarter will cost us a lot of money. When it comes back up from this little recent dip we're going to sell 10 percent or so. [Reply]
Originally Posted by Rain Man:
I'm really good. :-)
I got my wife on board to start selling a little NVDA. We wandered into that gold mine and have made a fortune on it, but I worry that one bad quarter will cost us a lot of money. When it comes back up from this little recent dip we're going to sell 10 percent or so.
A good strategy when you are hesitant to sell is write covered calls.
You take in big premiums to hedge downside, you must sell if the stock rises and you get called [Reply]
Originally Posted by tooge:
Thoughts on HIMX and NOTE? What about GEO? I rode a nice wave of GEO then it sort of flattened out. The other two have been doing great.
I don't know anything about the first two. I held GEO probably five years ago, and it was a dog for me. I eventually decided that the risk of negative public sentiment about their business was going to be a permanent headwind, so I got out. I didn't have a lot, fortunately, because I pulled out at a loss.
It looks like they've had a nice run recently, but I still question whether their growth prospects are buoyed or stunted by things happening in society. [Reply]
Originally Posted by tooge:
Thoughts on HIMX and NOTE? What about GEO? I rode a nice wave of GEO then it sort of flattened out. The other two have been doing great.
GEO has a lot of debt. And a pretty high PE ratio for a REIT. [Reply]
Hog's Gone Fishin 07-10-2024, 06:41 PM
This message has been deleted by Hog's Gone Fishin.
Reason: There goes Lewdog with his stupid shit again
I want an article about total returns and these Yield Max ETFs. Anyone can pay a high dividend but the share price suffers. I get this is a call strategy but I want total returns laid out by someone just just dividend yield. [Reply]
Hog's Gone Fishin 07-10-2024, 07:36 PM
This message has been deleted by Hog's Gone Fishin.
Reason: Nope, you'll have to see Lews quote
Originally Posted by Hog's Gone Fishin:
All you have to do is pull up the stock and look at the share price, they all started at $20 inception and you can see their dividend history here:
TSLY -16.13% 1 year return, TSLA -4.07% 1 year return.
They are still underperforming just owning the actual shares instead, as total return is all the matters. You also miss out on the tremendous upside of a stock too, such as looking at NVDA. You'd have tripled your money owning actual NVDA shares instead of NVDY that only doubled. It lagged the NVDA move by 100+%!!!!
What happens to these yield max funds when these stocks drop significantly? Is that where the benefit/less risk comes in? It doesn't seem like it because look at TSLY dropping siginficantly more than TSLA in their bad last year. [Reply]
Hog's Gone Fishin 07-10-2024, 09:17 PM
This message has been deleted by Hog's Gone Fishin.
Reason: More wasted words
Hog's Gone Fishin 07-10-2024, 09:37 PM
This message has been deleted by Hog's Gone Fishin.
Reason: More wasted words
Originally Posted by Hog's Gone Fishin:
I show MSTY on my spreadsheet on 5/3/24 at 29.49 it's paid dividends of 2.52, 3.03, 2.33 since for a total of 7.88 which is a 26.7% return on investment in 3 months meaning in 12 months all your initial investment is returned and everything after that is free money, Doesn't matter if the share price has gone up or down. It's all free money after that. That's the way dividend investors look at these.
The current stock price is 25.26, for a "loss" of 14.3% on the capital. At some point if the capital gets eaten up, they'll do a reverse split like TSLY has already had to do and when you lose shares, you lose dividend income paired with loss in capital.
You are still taking on inherent downside risk while limiting the upside you could be getting on a major move up like NVDA has shown. It just makes little sense.
Using the "dividend" as free money argument is so misleading when capital (share price) continues to decline with downside moves.
I think if you time an entry well you could do well for 6-12 months, but then I would move on. If you had picked TSLY last year, you'd have been fucked. [Reply]