What about all the “unrealized gains” you've given up on paper? Capital is subjective — it moves with sentiment and market swings. Income is absolute - and it's the only metric that actually pays the bills.
Unrealized gains are oportunities lost. They count as drawdowns. I would rather be in cash and have the market go up than be instocks as the market goes down. You're right income is absolute. But not when it reduces your capital. that's like taking money out of your savings account. If you have 100k in income and your account balance drops by 100k have you really gained anything?
every minute your in cash your losing - anything is better than cash just about even piles of dirt go up in value as the dollar goes to shit.
This is where you drop the ball about how high yield dividends work...you are not "dipping" into your "savings" because you are not liquidating any shares.
We might know the same guy! I think he wanted me to model w/o my shorts though. You may want to clarify
I beg to differ. I'm a long only trader. I won't fight the market. 2008 and 2020 I was 100% in cash. Preserved my capital.
How many times do I have to post the dividend adjusted chart to show you that's not the case... It's actually up I think 19% since January? Anyway what is your obsession with shares going down? These are dividend plays — when the share price drops, I’m still getting paid. That’s already better than a “regular” stock that can drop or go sideways without paying you a cent. You do the same thing with my MARA puts — fixating on price while ignoring the premium I already collected to offset it. And the assigned shares are only down $-400, while I received $500 in premium — so I’m not even down at all even though you and @demoncore core thought it was a calamity lol.
Let us know when you arrive in Dubai, Dude! We will be sure to alert the authorities on your addiction.