“Investing” the money in MSTY would be the same as handing it over to a Ponzi scheme runner who pays the promised big returns for a few months and disappears. Very little difference between the two. “Return of Capital” in this case means they are effectively paying the distributions with your invested money.
5 bitcoin 6 months ago at $100k/btc = $500k 5 bitcoin today at $100k/btc = $500k msty 6 months ago was $46/share msty today is $23/share
Come on J don't go for low hanging fruit in the thumbs up department I have gwb on tilt and he's looking for any kind of validation. Anyway you failed to mention the dividend which is the whole point behind MSTY, not capital gains. 6 months ago Start date 15-Nov-2024 Price 35.31 Investment $100,000.00 Shares 2,832 Unrealized gains/loss -$35,174.17 Dividends received $47,835.46 NAV $112,661.29 Monthly income $6,833.64 So MSTY wins again even during a downturn! Not only are you up, you would have collected almost 7k a month while you wait for the recovery....bitcoin, MSTR, HD...nada.
bitcoin does not pay a dividend, neither does Amazon, nor mstr... bad comparison bitcoin was $87.4k on Nov 15, today it's $103k, $100k btc investment = $117.85k some investments are for income, some investments are for capital appreciation, it is good to have both
Let's compare the Total Returns of MSTR and MSTY since November 15, 2024. https://totalrealreturns.com/n/MSTR,MSTY?start=2024-11-15 Yes, MSTR edges out MSTY --- even in your best selected period when the math is done correctly.
You have to compare them because if you're holding a stock that isn't producing dividends, you are losing money all the time relatively.
Even when you cherry pick short dates to cheat, you can barely eek out a win...if you can even call it that. If you go back one year the results are clear...dividends will beat capital gains. MSTY Start date 17-May-2024 Price 32.47 Investment $100,000 Shares 3,080 Unrealized gains/loss -$29,504.16 Dividends received $93,148.75 NAV $163,644.60 Monthly income $7,762.40 BTC Price on May17 2024 was 65k 100k/65k=1.5 btc PnL 55k today...so MSTY outperformed Bitcoin over the last year!
The November 15, 2024 date was the date that you provided. Let's look at a start date of May 17, 2024. The Total Returns of MSTR are greatly above MSTY during this selected period. https://totalrealreturns.com/n/MSTR,MSTY?start=2024-05-17 Can I suggest you work on your math.
Well I should hope so in a short term rally, but in downturns or sideways markets MSTY will out perform. MSTR price $158 100k/158=632 shares Current pnl: 152k but 2 months ago pnl was 51k...so continue to cherry pick lol.