I purchased Home Depot (HD) back in 1994 (30 years ago) for 10 bucks. The current yield per share is $9.20. That is a 92% yield on cost. And I have enjoyed consistently increasing income each year for 30 years.
Market Summary > Home Depot Inc 2.42% annual yield Yes you made capital gains over the years but generated no income...and currently the yield is well...low. You probably could have returned the same had you bought property...don't even look at what you could have made if you bought bitcoin..
bitcoiners telling mstr investors do not put your money in mstr just buy bitcoin mstr investors telling msty investors do not put your money in msty just invest in mstr msty investors telling all the yield seekers investors do not put your money into real estate rental properties, annuities, dividend stocks, bonds, money markets, just invest in msty get your risk capital within a year or so and then enjoy monthly income at no risk
I paid $10K for HD stock in 1994 --- and I am getting $9,200 per year in dividends. Current Yield on Cost is 92%. Basic math. I got income EVERY year from Home Deport. This does not even take in account the capital appreciation of HD stock over the 30 year period which is up in price over 3,700%.
Okay so quick math you got about 400k in Home Depot... And you are getting 2% yield. Ouch...that's what $766 per month? You could put it in a GIC instead. The problem is you're going to suffer existential loss of wealth relative to bitcoin. My portfolio is positive Bitcoin beta >1 Just for sake of argument, if you put that into Msty you would have made 41k in dividends this month... In a year you can match your entire capital gain that took 30 years. I certainly wouldn't leave my money in HD... I'd take my gains and run, put it into a blend of high-yield dividends and growth dividends.
What is the structure of the synthetic long? Why can't anyone post it here? And no, I am not watching any degen video. The math does not remotely add up. They have 40-50 mils in available for the sc and short cs and they are paying a div?
I would bet that they are definitely lean on any rally, hence the poaching of NAV. They are probably forced to do so on any big number up or down.
It's downloadable as a pdf from this page on the YieldMax website, sorry I cannot upload here if the pdf file is infected with malware, I do not want to be responsible to others https://www.yieldmaxetfs.com/our-etfs/msty/
Just cut and paste the specific D1 long. I can't imagine they actually detail the synthetic long in any detail though.