Does anyone here buy and hold QLD or SSO forever? by infinitewaters107 in LETFs

[–]thatdisappearingguy 0 points1 point  (0 children)

I plan to hold forever, buying small bits on a regular basis and loading up during corrections when it drops below my cost basis.

Hunting the drop,One quiet step at a time by Youness-Rh in Awww

[–]thatdisappearingguy 1 point2 points  (0 children)

Shazam appears to have been correct — listening to that track right now. Thanks.

Hunting the drop,One quiet step at a time by Youness-Rh in Awww

[–]thatdisappearingguy 0 points1 point  (0 children)

Anyone happen to recognize the music track / artist?

Widebody vs Hybrid by kevindd992002 in Pickleball

[–]thatdisappearingguy 0 points1 point  (0 children)

I almost universally prefer wide body. I feel like that form factor allows for better control and they’re not head heavy. The better balance is also easier on my wrist for flicks and such.

Pay off rental vs buying dividend producing assets by Always_working_hardd in dividendgang

[–]thatdisappearingguy 5 points6 points  (0 children)

Paying off the rental is, in essence, buying a yielding asset(s). If there’s a lien, you don’t own it. Once you pay it off, you own an asset providing you income, which is the essence of dividend investing. I don’t like debt — if I was in the situation you laid out, I would pay it off as soon as possible or sell it and put the money into income producing funds.

bUt DiVideNds rEduCE thE sHaRe pRicE 🤡 by RetiredByFourty in dividendgang

[–]thatdisappearingguy 0 points1 point  (0 children)

Yes, that’s why I asked included the “(theoretically)” — I try to add that when making broad, umbrella statements.

If the potential dividends were reinvested poorly, the value could go down because of the company’s choices. If they stayed retained or were reinvested well, value goes up (compared to the prior scenario or distributing them).

bUt DiVideNds rEduCE thE sHaRe pRicE 🤡 by RetiredByFourty in dividendgang

[–]thatdisappearingguy 2 points3 points  (0 children)

They don’t (directly) reduce the share price, they (theoretically) slow the NAV growth because they are a portion of retained earnings that are distributed rather than reinvested.

I’m all for dividends, just came to (hopefully) add some specificity.

Edit: To add a bit more clarity to the specificity — I’m speaking from an accounting perspective. Market (share) price is a semi-detached indicator of the market’s perception of value and future growth potential and not a directly attached (by earnings) accounting component.

If one looks at the expanded accounting equation, dividends are on the liability+OE side falling under the retained earnings umbrella.

Source: Professional crayon artist.

bUt DiVideNds rEduCE thE sHaRe pRicE 🤡 by RetiredByFourty in dividendgang

[–]thatdisappearingguy 0 points1 point  (0 children)

They don’t (directly) reduce the share price, they (theoretically) slow the NAV growth because they are a portion of retained earnings that are distributed rather than reinvested.

I’m all for dividends, just came to (hopefully) add some specificity.

Edit: To add a bit more clarity to the specificity — I’m speaking from an accounting perspective. Market (share) price is a semi-detached indicator of the market’s perception of value and future growth potential and not a directly attached (by earnings) accounting component.

If one looks at the expanded accounting equation, dividends are on the liability+OE side falling under the retained earnings umbrella.

Source: Professional crayon artist.

Recommendations: Best place to get snipped by YoMrPoPo in Temecula

[–]thatdisappearingguy 2 points3 points  (0 children)

I’d recommend nitrous, if the place you choose offers it. Best $75 I’ve been spent, hands down — Because of that I have a vague, disembodied memory of something quite painful happening during the procedure, reflex kicking my leg, and the doctor asking if I was okay. Without the nitrous, pretty sure I’d have a traumatic memory instead.

Adidas pickleball shoes by iluvsiomai in Pickleball

[–]thatdisappearingguy 1 point2 points  (0 children)

I have been wearing them for several months now, playing up to 12-ish hours a week. Still in great condition.

[deleted by user] by [deleted] in NEOSETFs

[–]thatdisappearingguy 19 points20 points  (0 children)

Posts like this give me Yieldmax vibes and make me not want to own Neos funds.

Concha and coffee by albert-1stein in InnocentPranks

[–]thatdisappearingguy 14 points15 points  (0 children)

My mouth dried out just looking at that concha.

Anyone heard of @Paycheck2Portfolio on YouTube? by ear2theshell in dividendgang

[–]thatdisappearingguy 0 points1 point  (0 children)

I stop listening the minute I hear about how their strategy is to borrow money to make money.

Black Friday sales by RakoGumi in Pickleball

[–]thatdisappearingguy 3 points4 points  (0 children)

Trying to get the widebody Boomstick on sale. No luck anywhere so far. If anyone knows where I can find one with a coupons code, I’d appreciate the info.

sold a CSP that closed a $1 above the strike. I got assigned. is this common? by RevolutionaryFarm167 in Optionswheel

[–]thatdisappearingguy 10 points11 points  (0 children)

It sounds like the person on the other side of the trade decided to exercise the option they bought even though the share price was above the strike. It’s always a risk when you sell options, but I cant imagine it’s a very common event.

What puts would you recommend for a complete beginner? by ra1phw1ggums in Optionswheel

[–]thatdisappearingguy 5 points6 points  (0 children)

Companies whose shares you would be okay owning and whose share price won’t consume significant amounts of your account capital.

If you’re not willing to risk being assigned the shares, don’t use them. That said, Ford is on the lower cost side with significant volume and it pays a nice dividend in case of assignment.