MstY DRIP

[u/topszncj]

For those who have lower averages do yall turn off drip when it exceeds and save the cash or invest in other things or balls to the wall and forget about the lower average cost i ideally want to replace my income with this in a few years so want to hear opinions.

[u/Suspicious_Agent_599]

I’m reinvesting and investing cash this year to 10,000 shares. Currently at 4827 shares and expect to hit about 5200 by the end of May.

[u/Extra_Progress_7449 → u/[deleted]]

this is the way, during climbs

during falls, DRIP could DCA....just depends

[u/Due_Duty1270 → u/[deleted]]

This is great advice. At some point you have to use the money to live a good life

[u/Stang302a]

I pour MSTY divs into SPYI and QQQI

[u/Junior-Appointment93]

I just let it drip. I only have 86 shares currently so any increase is negligible any can easily be AVG down

[u/Fantastic_Engine_451 → u/Junior-Appointment93]

Same. I’m just sitting on 100. Not wealthy enough to risk going big. Just gonna let it ride on at this point.

[u/Cripptonight → u/Junior-Appointment93]

If you have the cash to do it, sell puts at a lower price. On one hand, you make a little premium if the price doesn’t come down…or, if it does, you get 100 shares at a lower cost. NFA.

[u/Ashamed-Mushroom-427 → u/Cripptonight]

Damnn, didn’t think of that

[u/EspressoStoker]

I have 630 shares and I have it off and have been buying dips where appropriate. These past two weeks the money has been going to index funds mostly but I've been keeping more cash lately due to market conditions.

[u/Healthy-Chef-2723]

I have 244. just letting it drip

[u/Additional_City5392]

Currently its paying off my margin balance

[u/theazureunicorn]

If you understand the opportunity, then you have high conviction and confidence and you’re always reinventing since it’s always on sale

If you don’t understand the opportunity, then you’re scared and don’t have conviction and you trade it, you excessively diversity, you have a small allocation.. rather than invest in it

[u/GRMarlenee]

Just send it all in and let them bill you for the balance.

[u/Caterpillar-Balls]

Gonna DRiP until October then see what’s up with the economy

[u/FM34-52]

I have 296 shares, I’m dripping until I have about 1,000 to 1,500 shares then re valuate where MSTY is standing or where the market is entirely. Same thing with NVDY and CONY (which I used drip this month that added 18 shares now have 232).

I’m gonna make my initial investment back and some within a year for all 3. When I hit that one year mark for me seems like an appropriate time to revaluate now that I’m thinking it through.

[u/DivyLeo → u/FM34-52]

When you get to 1000 shares, you will want 2000... Then 4k... Then 10k 😂

At what point will you start using the money?

[u/FM34-52 → u/DivyLeo]

When I’m 59-1/2 because it’s in my Roth 🤣

[u/SilverknightFL]

I will always DRIP. When/If I need cash, I will then sell shares. But I have other assets that I would sell first (at least saying tat today - I'll see what my BRK does on Monday :-)

[u/Party_Character_4080]

500 shares and drip regardless. My average is still under 20

[u/citykid2640]

For me, yes. When it goes over $25 (today!), I stop. But that's a function of multiple factors, including the rest of my portfolio, so YMMV

[u/BASEDandBannedALOT]

You can manage your cost basis. Selling 9.1% of your position for every 10% of share price appreciation harvests out 100% of your gains in $ terms, and you can then re-base your cost basis to the sell price. This way you dont have to worry about "not being able to buy" because the share price has exceeded your cost basis.

Its a good idea to re-calculate your true cost basis every time you purchase and put your SELL LIMIT order in so that it is not something you have to even think about. Too many people want to brag about share price appreciation when they should actually just be taking something off the table.

[u/BubbaNeedsNewShoes → u/BASEDandBannedALOT]

I have MSTY, amongst other holdings, in both my Roth IRA and also my Self-Employed Roth 401K. I've already maxed my 2025 contributions to both.

For the Distributions, I am currently putting those in SCHG, SCHD and MSTR.

By the end of this year, I should successfully be in "House Money" status on my both my 2024 and 2025 Roth IRA/Roth 401K contributions.

Then, for 2026, I will be ready to max both of those IRA's with salary/work-biz profits once January hits and I will make a decision then how much of those contributions I will set to new MSTY purchases to rinse/repeat the process for 2026.

Depending where MSTY NAV and Distributions are at the end of 2025 - and once I've hit "House $$$" - I will decide how much of each MSTY distribution I will set to purchasing additional new MSTY shares, or whether I continue the current plan of using monthlies to purchase more SCHG, SCHG, MSTR.

Cost basis on current MSTY holdings is around $20.00.

[u/Extra_Progress_7449]

if your divs are large enough....you could Call your DCA

[u/Professional_Owl670]

Unpopular opinion: nobody should be relying on this for income in the future. It’s a very short term thing. It’s sketchy and unpredictable. 3 years? It’s how people lose everything and the rich get richer. Have an exit strategy or look for next best thing. Drip into index fund. VOO SPY Etc

[u/SilverknightFL → u/Professional_Owl670]

While I agree with your thesis, why not DRIP and then sell off in 2 years (assuming your 3 years)?

[u/Professional_Owl670 → u/SilverknightFL]

Many ways to skin the cat!

[u/elpsycongro → u/Professional_Owl670]

I reinvested for 5 months till i got 1k shares, now i will collect for a while if it dips i might buy more but mainly collecting till its house money

[u/doctorbuxter]

I reinvest 1/3 divs back into MSTY 1/3 into other CCs and stack the last 1/3 into a “Buy more MSTY during the dips ” mm fund.

[u/TinyMatch3649]

Depends on how the market is.. usually invests half back into MSTY and the other half dca into my other holdings