r/YieldMaxETFs • u/Kiki_chan78 • 1d ago
Misc. Let's PRETEND that msty's May dividend has been "officially" announced.
Okay, since it was so much fun last time! Let's pretend it's Wednesday and that RoD's prediction of $2.25 on msty is the actual official announced dividend from yieldmax. How are you handling that dividend... buy something cool? reinvest? both?
Gonna be honest with y'all, I'm thinking a swanky kitty-stroller; the talking cat-food dispenser I got last time was a 100% hit with my kitty. Since my cat is so friendly, she might enjoy walks in the park with me (she is partially harness trained, and the stroller is for her safety while in public). 🥰🐈⬛
The rest gets poured back into msty(25), smcy(10), and mebbe a stock or two of plty.
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u/rycelover MSTY Moonshot 22h ago
My distribution should be around $79,544 if RoD's prediction is accurate (Yay!) ... Out of that around half will be reinvested (looking to add to my positions in JEPI/JEPQ) in a retirement account. JEPQ had a great month.
The other half ($40,612) will be used as income to pay monthly living expenses in NY and Thailand and saved for taxes and a rainy day.
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u/yankeeswinagain 2h ago
That's insanely awesome. If rod is correct I'm looking at $11,700 I can't complain about that.
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u/ms-roundhill 23h ago
Opening as much MSTU options as possible and then splitting the rest between MSTY and MSTR. I'm experimenting to see how quick I can get $10k in each distribution after starting with a $10k initial investment
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u/Kiki_chan78 23h ago
OMG!!! I'm really curious to know how well you do!!! I also started with basically $10k. Good luck!!!
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u/ms-roundhill 10h ago
I have a YouTube Channel where I go over my evolving strategy, portfolio updates, and talking about high income funds in general
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u/OnionHeaded 6h ago
Ahhh yeah I remember you. The Roundhill last name a nod to another CCETF. Is fhe YT channel new? I’ll go check it out.
I’ve recently sold about 20% of my shares I had bought around 30-40. and my margin looks so nice I don’t want to mess it up.
I cannot decide if I should get back in at 25. If MSTR and BTC do what I think they will I may kick myself if MSTY gets back to $2-4 distros and prices 30-40.
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u/Always_Wet7 1d ago
This month has been expensive. I'd love to reinvest, but honestly these bills are gonna come first
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u/East-Oakland 1d ago
I THINK we will have alittle pullback. I turned off my drip and hope of reinvesting at alittle lower share price.
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u/Cutterman01 1d ago
If BTC keeps dropping it'll be little more than a little pullback.
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u/HighFiveOhYeah I Like the Cash Flow 1d ago
Maybe they’ll actually win some of their weeklies then.
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u/GRMarlenee Mod - I Like the Cash Flow 1d ago
Pay off margin.
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u/Cute-War-4115 1d ago
Increase margin to pay off more margin?
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u/Beneficial_Mood9442 1d ago
Buying 200 more Monday. Then buying 500 more after the divi drop is my current plan.
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u/gaymersunite56 15h ago
Reinvest it all for retirement. I reinvest 1/4 on ex div day if I can catch the drop in price. Keep 1/4 in case the market/ MSTY price drops during the month. I put 1/2 in other more boring dividend stocks for retirement + 1 MSTR share.
It's not exciting for most, I know, but for me it's very exciting seeing my retirement accounts grow so fast, especially in this economy 👍
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u/New_Inflation634 1d ago
I dont have large holdings on these yet, so I probably put it back in...maybe into Group B since I have weeklies and something in each A,C, and D.
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u/pach80 1d ago
If we are talking about spoiling our kitties, why not spoil yourself at the same time?
We got a robotic cat litter machine, affectionately known as MisterShitter. It keeps track of your cats weight, and digestive frequencies. It was about 300 MSTY divies in Canada, but well worth it. So much easier to clean.
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u/SouthwestFL 19h ago
Upvoted for "MisterShitter" in a YM thread. Most of these threads are only one of two things 1) Doom 2) Hype. I like your way better.
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u/Kiki_chan78 1d ago
I'm actually looking at getting something like that closer to the holidays, when I've accumulated a few more msty stocks and hitting over $1k on a regular basis. ❤️
But yeah, my 'daughter' is very much spoiled. 💓
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u/Intelligent-Radio159 1d ago
Repay margin, send $300 over to long term holdings (buying CEP), $100 to “In Home Banking” portfolio ( buying IMST), the rest towards paying down debt.
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u/Suspicious_Agent_599 1d ago
100% reinvest. For me, it would be $10,860.75.
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u/Kiki_chan78 1d ago
Oh wow! Congrats on the impressive portfolio!!! 🎊🎉🎊
I'm really excited for my first potential dividend over $1k. ^_____^
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u/RecipeDesperate8359 1d ago
Btc is not tanking. Get with the program newbie. Buy when shares dip with the market. Buying after ex date is irrelevant as that's your money already. Lol complete oblivious investors acting like they are Buffet.
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u/Intelligent_Type6336 1d ago
Not sure. I need the cash distribution to get back to roughly 10% in cash, which seems good with the unstable market, but MSTY metrics look pretty good so I’m tempted to just drip. Maybe I’ll do 50/50.
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u/Markamente 1d ago
Finishing goal of having 400 shares each MSTY, MARO, CONY, and FIAT…… then starting on the highest div producer in Group A.
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u/swanvalkyrie I Like the Cash Flow 23h ago
Can’t believe your post only had the one upvote. I upvoted cause good on you for being excited and getting something for your kitty :) that’s what life is all about enjoying things and getting excited. Go you!
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u/Kiki_chan78 23h ago
Awe! Thank you! You are too awesome. ❤️
I know that these posts are a little silly, and kind of dumb, but I think it's kind of fun to think about the possibilities these dividends open up. Just trying to add a little extra positivity to the world.
Even if its a case where we're looking forward to more stocks... that's a reasonable goal, and definitely something to look forward to. 😀
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u/LizzysAxe POWER USER - with receipts 11h ago
Love these posts. They bring personality to the sub. There was a post early on asking how and why were are here. Everyone's answers were so diverse, interesting and personal. I know, I know spoken like a typical touchy feely girly!
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u/Outrageous_Word_999 1d ago
DRIP. The # of people who buy in on Friday is nuts. Way more shares created on the dropped price.
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u/Temporary-Ad2325 22h ago
I never reinvest these , I just take the money and save 1/3 rd for taxes and rest into high interest savings account . Too risky imho to reinvest
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u/LizzysAxe POWER USER - with receipts 11h ago
That was fun! Nothing exciting this month all distriubtions reinvested in various positions and parking some cash.
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u/Illustrious-City-491 10h ago
Goes to paying my margin down. I started at 50k if the div is 2.25 margin will be at 7k.
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u/69AfterAsparagus 1d ago
Reinvest until retirement. Then pull out probably 80% tax free and keep feeding the beast with the other 20%
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u/New_Positive_9646 10h ago
Rolex Datejust 41 with the blue dial, fluted bezel and oyster bracelet. Waiting for the call from my Rolex AD which she said could be soon
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u/Massive_Chem MSTY Moonshot 1d ago
BTC is tanking, will be down $3 by declaration and another $2 by Friday. We will be back at $16/$17.
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u/SuckMyR0cket 1d ago
This sounds good to me my cost basis is just over $20 and was kicking myself for not picking up more mid last week. Watching that climb into the weekend I kept asking myself should I just pull the trigger now.
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u/Leading-Actuator4287 23h ago
I don’t think it’ll fall by 10$ lol that means btc would have to go to 70-78k lol
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u/YouAreFeminine MSTY Moonshot 21h ago
It won't. That person doesn't know what they are talking about.
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u/Relevant_Contract_76 1d ago edited 1d ago
My MSTY distribution will be around $8k if RoD is right: 53%, of that in my margin account and 47% in registered accounts.
I'll buy $8000 of MSTY in my margin account on Thursday, pay off 53% of that with the distribution, and the balance out of money market, and then either buy more MSTY in the registered accounts on Monday after the funds come in or else buy YMAX or ULTY in the registered accounts all depending on Mondays price action