Why are people so fixated on capital?

Well the non-derivative would have to go to zero so that's the risk.

 

You guys are so naive... I invented this system. It's fully sustainable... I called it the Hulk system. I basically hacked the market.

"Traders" as you call them are insatiable when it comes to pnl. They are the bread and butter for this system. Premium is the name of the game.

 

Those are crap dividends. I'm talking high yield.

 

They also go up...as does capital. Whereas if you just held a bitcoin etf its basically dead money for the entire correction.

Let's use BITO as an example with IBIT.

 

When did you purchase BITO and IBIT.
Have you factored in the taxes you pay vs the taxes you defer by holding.
Your dividends are taxed as income, only 50% of your cap gains are taxed.
And before you tell me they are held in a registered account, there is a 15% withholding tax that you don't get refunded.

 

Using close prices (USD from tiingo.com) adjusted for dividends and splits:

Code:

20240301 BITO 15.1763539363177
20250303 BITO 19.21
BITO return ((19.21 / 15.1763539363177 ) - 1) * 100 == 26.58%

20240301 IBIT 35.99
20250303 IBIT 48.90
IBIT return ((48.90 / 35.99) - 1) * 100 == 35.87%

And, as @deaddog pointed out, there are taxes and/or U.S. withholding on the dividends. There are no taxes on the gain or loss until it's realized.

 

Who cares lol...so your saying its better to not make ANY income to avoid paying taxes???

 

Exactly that's how you create wealth. It's what you keep that matters.

 

You pay less taxes on dividends than you do on income. You can also defer the 15% withholding tax if held in a non-registered account.

 

Yes did you not read my quote? BUT dividends is not giving up capital OR realizing capital gains lol...its extra money while you wait!