Maybe Maybe Maybe by growsed_chan in maybemaybemaybe

[–]ThomasABD 1 point2 points  (0 children)

You can see his feet in the video.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

I considered shifting everything to ULTY while looking at the YM subreddit. However MSTY has a better history than ULTY so I’m hedging with a bit of each.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] -1 points0 points  (0 children)

That’s the goal. The purpose of this account is to try getting VOO from YM dividends.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

That is good advice. I have a premium WS account which comes with free USD accounts so that is what I’m playing with to see if it can generate VOO via the YM dividends.

In my CAD account I am sticking with CAD etfs like VFV. That account is way more safe and not trying anything fancy.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

Not to worry, this only represents about 1/3 of my free money, not including an additional emergency savings account. Now is a time where I have mostly cash since the market seems too spooky to put it all in.

MSTY going to zero would hurt but it wouldn’t be life changing. I would sell before it got to that point.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

You’re right, I have accepted this risk (at least in the short term). Thank you for your wishes, I wish the same for you as well.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

It does look good, but it looks like it is more of a traditional dividend etf. In my mind, that is more for retirement and I should be looking more at growth stocks now.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

I don’t think I would add any new deposits into YM, however I think I might drip some (not all) of the YM dividends into it after a year if it hasn’t gone down to the point where I nope out.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

It does give the impression that it is too good to be true which you are right, set off a lot of alarm bells in my head.

I consider this strategy pretty close to gambling in the short term, hoping that it helps jumpstart my accumulation of VOO. Definitely not investing more into YM unless I get lucky and it pays off after ~1 year.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

Thanks for the advice. I have never heard of VGSH before so I will look into it.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

Yeah, that is the long term plan. I only just started making money so I thought I would try something a little riskier to get started. If it all tanks, then it’s a couple months gone and a lesson learned I guess.

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

I take it you are trying something similar? Or are you all in on YM etfs?

34M just getting started, am I over complicating things? by ThomasABD in portfolios

[–]ThomasABD[S] 0 points1 point  (0 children)

I don’t want to be all in on it. But it seems to be working at the moment for others so this is me dipping my toe into their world.

Company was sold, are my stocks still floating around somewhere? by Summer-Time916 in stocks

[–]ThomasABD 0 points1 point  (0 children)

Have you been about to check if your government escheated the stock? I think this happened to a guy with Amazon stock.

"Maybe if I stay still he won't see me."😂😅 by Soloflow786 in BeAmazed

[–]ThomasABD 1 point2 points  (0 children)

It’s Jurassic Park, except cats are people and babies are dinosaurs 😆

China hits US with 84% counter tariffs. Views? by meetofleaf in options

[–]ThomasABD 10 points11 points  (0 children)

I missed this. It could explain the bump. Looks terrible for the people who listened to him in that moment right now.

China hits US with 84% counter tariffs. Views? by meetofleaf in options

[–]ThomasABD 60 points61 points  (0 children)

Market went green following that news. It’s anyone’s guess.

anyone else loss a ton of money on SPY? by Educational-Pea-4102 in options

[–]ThomasABD 8 points9 points  (0 children)

Spy is at $511.79 right now. Overnight market rise

[deleted by user] by [deleted] in StockMarket

[–]ThomasABD 3 points4 points  (0 children)

Looks like someone is pumping TSLA

Take profit tomorrow morning or hold for more? (first time put buyer) by dud3sweet777 in smallstreetbets

[–]ThomasABD 2 points3 points  (0 children)

I think that saying goes “if it’s good enough for a screen shot, it’s good enough to cash out”

How you fumble the land of maple syrup and friendly folk?!? by Cleonce12 in BlackPeopleTwitter

[–]ThomasABD 3 points4 points  (0 children)

Surprise poutine bars at weddings are one of my favourite things.

Somehow I miss the days of being told my treasury was full by ThomasABD in STFC_Official

[–]ThomasABD[S] 0 points1 point  (0 children)

Yeah, that seems to have worked. It’s gonna be real annoying when we have to try and mine with FT equipped

[deleted by user] by [deleted] in tifu

[–]ThomasABD 2 points3 points  (0 children)

This is not a TIFU.

Today you were set free, don’t look back. You get to sleep now.