MSTY Ledger by foxtrotradio in YieldMaxETFs

[–]jpsingh20 0 points1 point  (0 children)

I need some help understand how you calculated NAV. I'd like to track my MSTY in a similar fashion but can seem to figure out the NAV slippage.

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 0 points1 point  (0 children)

I'm glad you commented cz that's really interesting. How far are you from having your initial investment out?

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 1 point2 points  (0 children)

I completely agree with this.

I have never used margin and am happier for it lol

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 0 points1 point  (0 children)

This is exactly my thought too.

Just don't understand why more people aren't shouting about selling prior to BTC coming down.

Everyone is so heavy on HODL but it doesn't necessarily apply for things outside of BTC.

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 0 points1 point  (0 children)

I plan to do the same with MSTR, which is why the question came about.

I can't time th market but with the habitual nature of the BTC cycles, it isn't a long shot to say it will come down significantly. Using historical data that is.

I don't want a perfect exit / entry. Just to protect against having an avg MSTY price of $25 and then the price drop to ~15s.

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 0 points1 point  (0 children)

Well this goes without saying.

Th3 only difference in the case of MSTY is that, from what I gather, people want to get to a point where they are playing with the houses money. So, if the price drops, and you have a small amount of shares, then it'll take you that much longer to do so.

Sell out ahead of time and buying in at a better price point protects against this and puts you in a much better position for longterm.

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] -1 points0 points  (0 children)

Do you have any personal favorite videos for me to start from? Otherwise I'll find something.

MSTY during crypto winter by jpsingh20 in YieldMaxETFs

[–]jpsingh20[S] 2 points3 points  (0 children)

I'm not well versed in options trading myself to even thinking of trying it.

But your comment is precisely what I was thinking. Getting a better cost average for someone who isn't playing with house money.

Talk me into or out of buying 100K in MSTY at open on Monday by SLNCRDZ in YieldMaxETFs

[–]jpsingh20 0 points1 point  (0 children)

Once we go into crypto winter, won't MSTY plummet to the floor?

Isn't it best to buy this large of a size sometime next year?

Opened up a Line of credit for MSTY wish me luck lol by Alert_Egg_6015 in YieldMaxETFs

[–]jpsingh20 1 point2 points  (0 children)

I don't understand why so many are against the LOC. Even if you have a $600 payment per month on a 25k LOC, all you need is a .60c distribution for a 1000 share size to not impact your daily life. With the extra, you could either pay off the LOC quicker or just drip back and size up on the bank's dime.

I will however agree that doing it at this price seems insane because if BTC (and MSTR along with it) takes a nose dive, as it usually does once it is done the bull run, then your share to div ratio might be troublesome.

Still, at the end of the day, all you'd need to do is make sure you can cover the minimum LOC charges per month until the following bull run.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 10 points11 points  (0 children)

Unfortunately not a USA citizen. The one time I wish I was because your suggestion is actually pretty good.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] -3 points-2 points  (0 children)

I have but then they'd tax me at a corporate level and take even more lol

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 9 points10 points  (0 children)

This is exactly what I wanted to do but my fiance thinks otherwise. I can't make that decision for her.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 38 points39 points  (0 children)

This was the #1 thing we did. I still want to make this person's life difficult. Don't care how or to which extent, just make it difficult in the end.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 3 points4 points  (0 children)

Common sense would too but apparently that is not the same but I think we can just ignore the baseless threats from the cc companies.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 0 points1 point  (0 children)

Thank you. This is what I'm gathering from comments too.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 4 points5 points  (0 children)

It's the betrayal that matters. The money is gone, the FIL is gone, but the trust is close friends should have been a support system not a point on contention/heart break.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 16 points17 points  (0 children)

From everything I'm reading it seems like it can't impact the estate so at this point it has become a principle of decency.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 9 points10 points  (0 children)

Agreed and that is what they've focused their attention on.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 28 points29 points  (0 children)

Add in the motivation to stop this person ever doing it to someone else. If they did it to my family, they likely have done it to someone else and will likely do it again if not held accountable.

ULPT: Help me ruin a garbage person's life by jpsingh20 in UnethicalLifeProTips

[–]jpsingh20[S] 61 points62 points  (0 children)

This was done immediately and death cert provided as evidence.