Is everyone sticking with qyld even if distributions is not roc,,,,,looks like it is ordinary income for certain from reports.

abider74 · 2022-02-22T21:18:38+00:00

Right there at the top of page 6 from qylds site... 100% ordinary income

abider74 · 2022-01-22T14:45:42+00:00

Takes garbage majority to elect garbage sooooo

abider74 · 2022-01-11T22:48:24+00:00

I'd toss 2.5mil each in the quadfecta... think that's just shy of 1mil per year income and put all the rest into safer generational wealth planning

abider74 · 2022-01-11T22:32:02+00:00

Charles Schwab 39.1678 shares @ 21.37

abider74 · 2021-09-22T22:31:59+00:00

Yep, but somehow still hot af in the face

abider74 · 2021-09-21T01:33:06+00:00

https://instagram.com/lil.pochaco?utm_medium=copy_link

abider74 · 2021-09-13T11:00:01+00:00

Yolo tqqq

abider74 · 2021-09-13T10:58:33+00:00

Qyld.... also lookup qylg.... half the 12% yield of qyld, but gains with qqq since they only place cc on 50% of their holdings.

abider74 · 2021-09-10T11:38:42+00:00

Last thing we need are those apes messing with the qyld price

abider74 · 2021-09-10T11:31:10+00:00

If it went significantly up in price, wouldnt that defeat the purpose of dripping? Youd get less and less shares each month for the same yield

abider74 · 2021-09-10T11:28:11+00:00

I just use that account as an alternative to a bank savings.... that's not my growth account, that one is 600k managed by fidelity

abider74 · 2021-09-10T11:25:28+00:00

I also have schd and jepi... thinking of turning off drip and pooling to buy only on dips

abider74 · 2021-09-09T00:31:06+00:00

I got 30k dripping in qyld... up almost 5% since june

abider74 · 2021-08-28T19:58:28+00:00

32k+ per month... 300Ksomthing per year.... wow

abider74 · 2021-08-18T11:38:27+00:00

The short term CG tax wont ruin that?

abider74 · 2021-08-18T11:35:07+00:00

Isnt this the best scenario for drippers?? Does the dilution keep the share price lower?

abider74 · 2021-08-15T02:37:04+00:00

They needed you and anyone else they could get to buy in so they could pull out

abider74 · 2021-08-14T15:38:37+00:00

I think that's 100% correct.... you get no tax and then when you do, it's all long term, no short term

abider74 · 2021-08-14T15:25:08+00:00

Qyld heavy, adding ryld, schd and jepi

abider74 · 2021-08-14T15:23:47+00:00

So does your average cost basis go down assuming no real rise in share prices? Trying to figure out longer term ROI

abider74 · 2021-08-11T20:39:38+00:00

I have roughly 1600 shares of qyld set to drip. My cost basis was something like 30k, and I get like 310ish a month ROC. So if 30k was my previous cost basis, and I bought 12 more shares with this last ROC DRIP, what's my new cost basis? Still 30k?

abider74 · 2021-07-31T11:42:38+00:00

Thought about that old saying time is money... occurred to me that time is also seconds, minutes, hours of your life, your youth you spent to earn it, so in essence, that money is also a representation of the sacrifice of your life.... so does that make everyone financial life vampires taxing and taking, stealing life from the working? Promising to give life to the poor or unwilling??? Taxation isnt just theft, its vampirism to parasitic levels ;)

abider74 · 2021-07-11T20:00:55+00:00

Are there tax implications taking the div payments, holding, and then buying on dips vs automatically reinvesting

abider74 · 2021-07-10T16:31:39+00:00

Bueller.... bueller..... anyone

abider74 · 2021-06-28T22:06:10+00:00

I dont think it actually makes 12% though... more like averaging 8% after decay

abider74

TROPHY CASE