Low Effort video, Just a short self reflection. Hope yall like the authenticity. Two things really happen now either markets go down and i can reposition into msty making this a strategyic maneuver OR CPI comes out cool meaning markets may rally (Thus meaning i jumped off the boat, and the boat left me holding cash while the rest of the markets go up)
If you had msty at 35 average and sold other etfs like ulty cony tsly just to buy msty to lower cost average would that be a good play but you have ymax just to have a weekly play. Just a ? Iv been debating or vice versa on any of your etfs to lower cost average. I know some people dont care about lower average but some do. Whats your thoughts?
@@Lastdividend hard to say I wouldn’t own ulty due to Nav erosion I am heavy crypto so I sold some cony just so I can move the money to msty if it dumps I was expecting a crash and if cpi is good for the market today I made a poor decision and I should have just done nothing possibly Cony been performing poorly but is less potent than msty in Bitcoin so it’s also why I sold out, there was a plan I probably wouldn’t sell tsly as it’s the top of its schedule so I’d just try to deposit money to lower averages and from distributions Imma need to make a solid video out lining how I do things
Not bad to have some margin space for a downturn, to avoid a margin call or to have availability to buy on a dip. Trying not to take a L by selling out of a fund when it is down.
Thanks for the words, I always thought i was too much in crypto but that was part of why i trimmed Cony, Everything else we are riding into the sunset with
Chart reading is astrology for men The only thing that matters is total return - I would stop worrying about distributions and nav erosion. You can create distributions for yourself whenever you want by, you know, selling stock. This is essentially what you're doing every time you take a distribution and don't immediately re-invest it. You also get the privilege of being forced to pay ordinary income tax on it Margin isn't some sort of cheat code and all you're really doing is synthetically creating a 1.5X leveraged yieldmax basket of funds ETF. Which is fine, but if you full ported into a 2X mag 7 ETF like MAGX or QQQU without using a dollar of margin you would've outperformed all of this portfolio management with zero work. Just something to consider
@@cryptojohnny7781 I didn’t do it as a trade 😂 but to feel better cause I’d rather have msty than cony You missed the whole point and went to hate! Oracle did teach about margin stacking, no one else in this community has
Low Effort video, Just a short self reflection. Hope yall like the authenticity.
Two things really happen now either markets go down and i can reposition into msty making this a strategyic maneuver OR CPI comes out cool meaning markets may rally (Thus meaning i jumped off the boat, and the boat left me holding cash while the rest of the markets go up)
HAHAHAHHAHHHHAHA
@@DerivCapital just the beginning
If you had msty at 35 average and sold other etfs like ulty cony tsly just to buy msty to lower cost average would that be a good play but you have ymax just to have a weekly play. Just a ? Iv been debating or vice versa on any of your etfs to lower cost average. I know some people dont care about lower average but some do. Whats your thoughts?
@@Lastdividend hard to say
I wouldn’t own ulty due to Nav erosion
I am heavy crypto so I sold some cony just so I can move the money to msty if it dumps
I was expecting a crash and if cpi is good for the market today I made a poor decision and I should have just done nothing possibly
Cony been performing poorly but is less potent than msty in Bitcoin so it’s also why I sold out, there was a plan
I probably wouldn’t sell tsly as it’s the top of its schedule so I’d just try to deposit money to lower averages and from distributions
Imma need to make a solid video out lining how I do things
Not bad to have some margin space for a downturn, to avoid a margin call or to have availability to buy on a dip.
Trying not to take a L by selling out of a fund when it is down.
Thanks for the words, I always thought i was too much in crypto but that was part of why i trimmed Cony, Everything else we are riding into the sunset with
Chart reading is astrology for men
The only thing that matters is total return - I would stop worrying about distributions and nav erosion. You can create distributions for yourself whenever you want by, you know, selling stock. This is essentially what you're doing every time you take a distribution and don't immediately re-invest it. You also get the privilege of being forced to pay ordinary income tax on it
Margin isn't some sort of cheat code and all you're really doing is synthetically creating a 1.5X leveraged yieldmax basket of funds ETF. Which is fine, but if you full ported into a 2X mag 7 ETF like MAGX or QQQU without using a dollar of margin you would've outperformed all of this portfolio management with zero work. Just something to consider
noted
Thats you’re problem "following Oracle "
@@cryptojohnny7781 I didn’t do it as a trade 😂 but to feel better cause I’d rather have msty than cony
You missed the whole point and went to hate!
Oracle did teach about margin stacking, no one else in this community has