These would be the results if you got in at the start of the rally a week ago. 25k in IBIT @ $30 = 833 shares @ $43 = $10,083 pnl 25k in MSTY @ $21 = 1190 shares @ $31 = $11,900 pnl Plus $4889 in dividends for the month of October. No contest! MSTY wins. Even without a dividend but with a dividend it's the gift that keeps on giving. It's nice to see my Hulk strategy in action..I told you guys it worked!
Oh grow a pair....the dividend practically eliminates all risk...your break even goes from 21 to 16 after 1 month. Even if the dividend drops which obviously it will, it's still the better choice imo. I do the same thing with high IV stocks and can return 60% to 80%...this just does the leg work for me...and they have more capital to mitigate drawdowns.
The dividend would evaporate if Mstr gets knocked down which it will in due time. Imagine what the dividend would be if mstr drops 50% and you are holding 25k worth? Again not worth the risk.
I do own TSLY. Collected dividends almost a year now but you really have to read the risks involved. Some people are throwing alot of money at these extremely high end dividend stocks not knowing the risk.
I will gladly allot a certain amount of capital to generate income...IBIT but would just be dead money the whole time you hold it... especially in a downturn.
There is plenty of room for dividend to drop...this isn't about capital gain, it's about income ..capital gains is a bonus. It will probably perform even better in a downtrend as they are issuing covered calls.
Ehhh my tsly didn't perform so well. Right now though with the dividend payouts I'm up slightly i believe now. I'll have to do the math tonight
That's all you want...keep the dividends coming. I don't care if my principle drops from 25k to $1 if I'm collecting 12-15k in annual dividends.