Broke, intellectually challenged, and uniquely unqualified to handle money. Luckily, none of this is financial advice. For entertainment purposes only.
@norrrm@YodaStockInvest It's actually the most risky bc you are capping your up side for a small fixed up front fee and still fully exposed on the downside.
@shaguncrypto It's almost impossible to be truly diversified with stocks. They pretty much move together especially during Black swan tail risks, everything goes down anyway.
@Rajatsoni When people realize that that don't have to save in stonks can instead save in Bitcoin... BTC gets repriced but stocks also get repriced way down, and should.
@DreamDividend In fact proven to be the far superior in generating long-term total returns. Income investors (aka dumb investors) chase distribution yield today to end up with far less returns over time. Its clever marketing by manipulating humans psychology.
@HighYieldHustle All these covered call funds trend to zero over time. When will people lean you are not suppose to buy and hold these things long term ๐
@WarrenSiRNA@DevotedDividend They are trading option income for upside. Bull markets get very little to no upside. In a bear market you eat almost all the down. Each down and up cycle erodes nav, never fully recovering.The longer you hold this, the more you lose. It should never be a buy and hold/reinvest.
@DevotedDividend Nav erosion will occur over time and relitive income will drop with it. You would be far better off holding qqq. These are not dividends, the distribution rate is manufactured. Get out now. Your welcome.
@shaguncrypto With that, I would still say mstr is probably one of the best single stocks and individual public companies worth holding. But ibit is better if you prefer brokerage exposure (much cleaner), and holdinh btc directly is the best: when managed and stored properly using multisig.
@shaguncrypto It goes entirely against the core thesis and purpose of Bitcoin. You're effectively swapping out fate from Federal reserves and treasuries for mstr board members, shareholders, and regulators. Still technically an improvement from Fiat slop but not as strong as holding Bitcoin.
@IncomeETFDaily These income focused ETFs are literally for lazy stupid people who don't understand how the funds operate or are willfully blind to the trade-offs and risks.
@NotA_Bull Both funds inherently have a long-term erosion effect of capital. Your income will erode proportionally with the net asset value declined. These are proven terrible, long-term, buy and hold investments. Should only be used strategically during certain market cycles.