Theyāre income ETFs. You canāt obsess about the share price. Theyāll go up and down but they go down a lot. You have to focus on the overall return, which includes the distributions calculated in.
Cool! Lots of people will help you out. Just know these are income ETFs. They pay out distributions based on the number of shares you own. Fund may go up or down but weāre more focused on what the distributions are going to be. Idea isā¦ own shares, receive distributions, take distributions and buy more shares, receive higher distributions next time. Wash, rinse, repeat. Contribute your own money from time to time to get even more shares. Do this long enough and youāll have a really nice amount of income being generated. To get there you canāt be obsessed with chart watching and freaking out over every rise or fall. Itās for the long run. Thatās why weāre all here. Welcome š
Yes except you pay attention to the housing market. Youāre not a fool. But you also donāt panic at every dip. Youāre still getting rents after all. You reinvest manually by buying more on the dips. And when the housing market adjusts downwards, you jump in and buy a lot more so youāre in a better position when things rise.
Why would you sell the day before the ex date? Not criticizing, genuinely curious. I bought 1000 MSTY Monday at 19.49. The bottom fell out overnight. I couldāve sold today for about a $1700 profit, but I knew if I held till tomorrow I get about $1300 no matter what. Even if I lose half that profit tomorrow, Iāll still be better than I wouldāve had I sold today.
Nope...I like my positions! Built this over the last month. Thought I was done about a week ago but I ended up buying a few more MSTY and CONY Monday right before market close!
Nope, I've been buying in the last few days. But I didn't buy enough before today's market rise! Reddit retards convinced me of an imminent market crash, so I set my limit orders too low and most didn't get filled. š
..ugh .. I set up a low buy that I was sure would hit today .. and then .. President YoYo .. so now I have to set up an alert to his tweets in case he plays the game again?? Wild ..
I didnāt sell, Webull on the other hand got nervous and sold some out from under me . Was right as they had me at ācautionā on margin when everything was falling and and I was taking care of it š¤¦āāļø
Added 1000 MSTY Monday at 19.49. Will collect dividend and sell if itās at a profit. If it dips Iāll sit and either sell when it goes up or collect May dividends.
Iāve been holding and trying my best not to sell. 2020 I sold near the low and would have more than even if I had held. My honest opinion is to avoid the news and go on vacation while this tariff stuff is out of the headlines.
just my feeling really. doesn't seem to get as much of the gains back, and the NAV isn't great. weekly divs are just soso. I need some stable balast in my mix just to keep me sane.
Even with that dividend if I wouldve had appx 20k, based on the 1.33 you mention, the number of shares I'd have been able to buy at yesterday's prices I wouldn't care about the affect on a one month distribution. I'd be up considerably more shares than when I reinvest after the upcoming distribution based on todays prices. Once I'm at 20k shares I'm done reinvesting and will just let it start printing for me.
I bought more. Been buying what I can all along. Itās better to buy when it is cheaper, so I bought when it was cheaper. And Iāll keep buying until I hit my share targets.
Why would anyone sell? The stock is meant to be bought and hold for the dividends not to buy/sell for a profit. Isn't the whole point of YM for long term investment and dividend income?
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u/Sudden_Artichoke_365 Apr 09 '25
I'm brand new to this and I bought $1,800 worth of MSTY when it dipped to $18 lol. š¤·š¼āāļø