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]
I'm in the process of selling off a rental, should be done by month end hopefully. Getting ready to dump 150K into NVDY, MSTY, YMAG. I'll be losing $1600/ month in rental income and gaining right around $9000-$10000 in monthly dividend income. Pretty sure the dividend funds will never have an issue with a sewage line. [Reply]
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]
Originally Posted by lewdog:
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.
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:
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:
Originally Posted by lewdog:
Which ones do you recommend? Which ones don’t work?
I mentioned above what my plan was to do with my rental property sale. Those are the ones that I've picked that work best right now. They can change over time so I reserve the right to pivot.
People are getting all their money returned in 12-15 months with some of these.
This guy did a video on my spreadsheet I put out every month.
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]
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.
I understand all that. The funds I'll buy will provide me with $10,000 per month income to spend however I want . I can buy the underlying, I can pay down a mortgage or I can buy a new pickup without have to sell any shares. The dividend income strategy takes a whole different mindset from the growth mindset. And the thing is, when the underlying stocks go down you just get share price depreciation. With dividend funds they continue to pay you [Reply]
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. [Reply]
