Originally Posted by Hog's Gone Fishin:
Debbie Downer speaks again. Still not worth a listen.
Smart people buy good companies when they're at a discount / Warren Buffett
It's a little ironic you use that Warren Buffett quote referencing some funds that are not actual companies.
I have nothing against TSLY and similar investment funds, I just don't really understand them and the risk. Buying stocks, options, shorting stocks all make sense in terms of what could go wrong that would cause one to lose a lot of money. I Have no idea on what scenario would result in TSLY completely tanking? Does the fund manager basically bet on the stock going one direction and if it goes the other direction that would be worst case scenario? [Reply]
Originally Posted by myselff77:
It's a little ironic you use that Warren Buffett quote referencing some funds that are not actual companies.
I have nothing against TSLY and similar investment funds, I just don't really understand them and the risk. Buying stocks, options, shorting stocks all make sense in terms of what could go wrong that would cause one to lose a lot of money. I Have no idea on what scenario would result in TSLY completely tanking? Does the fund manager basically bet on the stock going one direction and if it goes the other direction that would be worst case scenario?
TSLY performance is based on ONE company and ONE company alone. Tesla
Tesla has been down for quite some time, but seeing it's the largest EV maker in the world and involved in so many other avenues for revenue it's got a bright future. 5 years from now it will be booming as it's still in the growth stage [Reply]
Originally Posted by Hog's Gone Fishin:
TSLY performance is based on ONE company and ONE company alone. Tesla
Tesla has been down for quite some time, but seeing it's the largest EV maker in the world and involved in so many other avenues for revenue it's got a bright future. 5 years from now it will be booming as it's still in the growth stage
I was hoping you might answer the questions on the risk of TSLY. If you are talking about Tesla itself booming over the next 5 years, why not just invest in TSLA? How does TSLY share price or dividend payout grow or diminish? As long as Tesla grows is TSLY guaranteed to have more success? If Tesla tanks, does TSLY tank worse or does TSLY still make money because maybe they might be betting on TSLA to tank at that point in time? [Reply]
Originally Posted by Rain Man:
Yeah, but that kind of thing is for men who dive off cliffs and hunt with crossbows and flirt with women. I'm a humble gatherer who never travels far from my financial village.
From the looks of it, they also sometimes dive into water that's 3' deep and then brag about how great the food is at the hospital. [Reply]
Originally Posted by DaFace:
From the looks of it, they also sometimes dive into water that's 3' deep and then brag about how great the food is at the hospital.
Eh maybe, I'm not necessarily opposed to an income strategy in retirement. I don't think I'd probably go with those covered call type funds, but interestingly if you compare SPYI to JEPQ, JEPQ will outperform the covered call fund, but the income (cash dividends) is actually higher out of SPYI. If a guy is trying to live off dividends and keep his nut together, I don't necessarily hate it.
Still better in something like JEPQ over the intermediate-long term, but it's not always self-destructive in all cases.
Originally Posted by myselff77:
I was hoping you might answer the questions on the risk of TSLY. If you are talking about Tesla itself booming over the next 5 years, why not just invest in TSLA? How does TSLY share price or dividend payout grow or diminish? As long as Tesla grows is TSLY guaranteed to have more success? If Tesla tanks, does TSLY tank worse or does TSLY still make money because maybe they might be betting on TSLA to tank at that point in time?
TSLA doesn't pay a dividend. TSLY does. TSLY payday is tomorrow and I'll get around $1200. Owning TSLA is purely for growth. Owning TSLY is purely for income.
If I had it all to do over again I would not have bought TSLY, I would have bought NVDY or CONY but like all stocks hindsight is 20/20. Like lewdog says , TSLY has been a dog but he only points out the negative. I will not lose ANY money investing in TSLY, but it will take longer to pay out than I hoped.
TSLY was the first fund YM came out with. Now they have about 20 different options.
And yes , as long as TSLA grows, TSLY will increase in share price as well as dividend.
And to Daface's comment, hospital food isn't so bad once you get accustomed to it . :-) [Reply]
Originally Posted by Buehler445:
Eh maybe, I'm not necessarily opposed to an income strategy in retirement. I don't think I'd probably go with those covered call type funds, but interestingly if you compare SPYI to JEPQ, JEPQ will outperform the covered call fund, but the income (cash dividends) is actually higher out of SPYI. If a guy is trying to live off dividends and keep his nut together, I don't necessarily hate it.
Still better in something like JEPQ over the intermediate-long term, but it's not always self-destructive in all cases.
I plugged in NVDY and holy crap, then I plugged in Cony and that didn't make sense. CONY has blown the doors off since inception but it's showing a negative value. Thanks for that, I'll be tooling around with it tonight [Reply]
Originally Posted by Hog's Gone Fishin:
TSLA doesn't pay a dividend. TSLY does. TSLY payday is tomorrow and I'll get around $1200. Owning TSLA is purely for growth. Owning TSLY is purely for income.
If I had it all to do over again I would not have bought TSLY, I would have bought NVDY or CONY but like all stocks hindsight is 20/20. Like lewdog says , TSLY has been a dog but he only points out the negative. I will not lose ANY money investing in TSLY, but it will take longer to pay out than I hoped.
TSLY was the first fund YM came out with. Now they have about 20 different options.
And yes , as long as TSLA grows, TSLY will increase in share price as well as dividend.
And to Daface's comment, hospital food isn't so bad once you get accustomed to it . :-)
Dividends only make sense for “income” if the share price is relatively stable. A volatile stock price coupled with a dividend is a recipe for declining capital without a return to match.
TSLY seems to have the same downside risk as TSLA but lacks the growth potential during bulls to match the returns you’d have by actually just owning TSLA. Again, total returns!
Interview with the Yieldmax fund manager that's really good. He gives explanation to both sides. Rainman and Lewdog should enjoy in particular, since ones a hater and ones a lover of dividends.
Originally Posted by lewdog:
Dividends only make sense for “income” if the share price is relatively stable. A volatile stock price coupled with a dividend is a recipe for declining capital without a return to match.
TSLY seems to have the same downside risk as TSLA but lacks the growth potential during bulls to match the returns you’d have by actually just owning TSLA. Again, total returns!
as long as the total return is higher ( taxes you pay on the dividends included, compared to long term capital gains of growth capture).. then even if the price drops, a high yield dividend stock can make sense..
but whats more concerning for some companies is the stability and risk of the dividend payment itself
Some companies have a proven track record of maintaining their dividend payment and even growing the dividend yield. This one (TSLY) looks really high right now but how long can they keep going like this?
For income / dividend ETF
I kind of like QQQX and QYLD. Maybe not as bold as TSLY but also less risky... [Reply]
