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StassneyHorn

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Posts posted by StassneyHorn

  1. Determining sex is easy and a Kindergarten Cop gif can tell you the answer. Determining gender is apparently a social construct, but I read a bunch of posts saying it’s actually up to the individual and not society.

    How do we “reprogram” that messaging for it to be more palatable to men and women we know are more liberal than the generations before them, but don’t identify with the Democratic Party?

    • Fuck You 1
  2. Big spikes help alot and I'll always love it when I see it, but there's capped upside to the fund when you blow through the weekly contracts and can't get them sold before busting. If you could go up to the edge of the lowest contract's strike price and sell out of the money on Friday afternoon, that's a great week. On days when there's a small loss or underlying is flat, you usually do a small percentage better as the time premium kicks in on the time decay of the contracts.  If the underlying shoots up and has a 8-10% day, I'll take that as well but you get diminishing returns. It makes more sense to view the investment like a weekly football game that you already sunk your money into, and after 4 weeks you calculate your net results.  

    If the funds live long enough, you will make house money. Some will be a long wait, some may do it in under a year. TSLY has been a wild ride that I'm glad I'm not on, but I'm also in on CONY which is their fund that has a Coinbase underlying and it's been maddening.

  3.  

    24 minutes ago, safe sex said:

    Stassney, what is the answer you think Democrats need to give to that incredibly bad faith question?

    Recognizing it is not a bad faith question but a layup. I'm sure the party is overpaying some dinosaur aged consultant to construct a message about mental health issues, but they need to massage it cause we can't afford to make .001% of the big tent uncomfortable with saying they are delusional. 

    We already know the Republican response- "it's biology. We are under no responsibility to go along with your mental illness." How do you cut that off at the knees and stop it from growing? I dont know

  4. 6 hours ago, Blotto said:

    Stupid question time on the concept of these option income ETFs. While I'm nominally familiar with MSTY, I haven't really done a deep dive but what am I missing? It appears to me that you would be better off just investing in MSTR, or at least that has been the case since the inception of MSTY...

    image.thumb.png.d919c9dbf4db29ee4b32291a6077265e.png

    While the chart above doesn't specifically indicate whether it is showing MSTY dividend reinvestment, I believe it does as I found a separate charting tool that specifically claims to factor in dividend reinvestment, and it provides very similar returns for $10K invested starting 2/22/24. 

    I understand that one major difference between the two investments is the monthly income generation that MSTY provides and MSTR does not (assuming you dont take profits  by selling some). But it seems a strategy of holding MSTR and selling after a year would provide far better returns, especially when you consider that you will be paying tax on your MSTY dividend payouts according to your tax rate, rather than lower long-term capital gains rate on MSTR if you hold a year.

    I spot checked a couple of other ETFs (TSLY/TSLA, NVDY/NVDA) and in both cases the underlying outperformed the ETF fairly significantly.  Is the theory that these option income ETFs will out perform the underlying stock in periods of down years? 

    Here's the sites I used to generate the returns

    https://portfolioslab.com/tools/stock-comparison/MSTY/MSTR

    https://totalrealreturns.com/s/MSTY,MSTR

     

    It's all about the income generation for me and it allows me to spread out risk. This can let people retire early, retire from full time and go into part time work, have income while they travel the world etc. Every four weeks I know I can log into fidelity and have $1200+ being deposited from MSTY and I can use it, reinvest, buy underlying, or spread the investment around. I'm in about 8 others as well and every Friday, two of them pay me. I've bought the underlying twice at 450 and in the 480s--the absolute worst timing. I have not made money on the small investment into MSTR in my world, but have been better at throwing money into MSTY and receiving the distributions for a MUCH better total return. The dividend comes through options premiums and the synthetic positions created that track the underlying fund activity that has been pretty monstrous part for them as well. I don't have to sell any shares like I would with the underlying to get my money, that I'm in the red on.

    While it's nonqualified and taxed as income, the firm is able to be creative about how they label ROC to create tax advantages for those who hold in individual accounts- if you have it in a Roth you're golden. ROC used as a tax tool and will eventually lower cost basis to 0, so it helps being a long term holder. There's a big misconception online about Return of Capital as they provide estimates monthly that aren't particularly accurate, but true it up for end of year statements. The CEO and fund manager have said these funds are meant to be compounding monsters rather than sucking up all the monthly payout to live on. Best to know what your number is for monthly income needed to live and spread across multiple funds and overpay quarterly taxes if you can afford it seems to be the best online strategy. They've only been around 2.5 years as a company, so nobody is an expert. Video below expands on it and can answer a ton of questions if you're considering.

     

  5. Can Jasmine Crockett answer "what is a woman?" quickly and succinctly? If we want to reprogram a massive amount of people who think differently than mainstream Democrats, 5 year olds shouldn't be answering this quicker than the adults representing the party. Just because everyone on this thread can "get over it" and "it affects nobody" in regards to a man waking up one day and being a woman, doesn't mean the other half of the country is bigots-- in fact it really just makes one half of the country look gullible and it's not Republicans.

    • Hook 'Em 1
  6. lol Trump is trying to filibuster his daily calendar to bullshit around with combat vets who already like him. Fill up his Monday through Thursday, then 3 day golf trip.

  7. I’d like to congratulate the numerous posters in here who have grown up and out of calling people fags when they were 18-29. You’ve replaced that vernacular with Cheeto dick and references to male fellatio … so same as it ever was.

    • Haha 1
    • Fuck You 2
  8. I posted the video in the reprogramming thread about this, but Gallup shows that young men in their 20s and 30s are more liberal than their fathers, but there has been a noticeable, gradual shift since the Obama election of those same age group identifying with the Republican party more. Still liberal in their beliefs, but voting for Republicans. I saw it firsthand when I was in San Diego for 5 months, out of 10 care free surfer dudes I knew, most that smoked and fine with abortion, were all Trump guys and I just never heard any relatively articulate reasons- just cost of living gripes and transgenderism swipes at the D party. It's something that I haven't been able to explain outside of "just display masculinity, but moreso confidence in yourself." That itself is a competition between candidates.

  9.  

    7 hours ago, Nice Guy Eddie said:

    80% yield is a red flag for me. Good for them if they can produce that much income for their shareholders but it’s too risky. If their dividend even hinted at dropping, it would crush the price. Most likely the price would drop well before any dividend drop would be announced.

    Buying this ETF is risky enough but don’t use leverage to increase your exposure. Now if it’s play money for pure speculation or gambling, then why not. But don’t bet your life savings on an early retirement dream. Many have gone bankrupt chasing that dream. And I’m saying this as someone that’s dripped his toes into a few very speculative crypto plays that “only” paid 15-20% yield. 

    Last points. If someone had a strategy that could provide that much income, why hasn’t Wall Street flocked to their etf resulting in a much higher price and resulting reasonable yield? And weekly distributions isn’t a positive in my eyes. It only increases the risk on what would happen after their strategy fails after a few bad weeks.

    dont put more than 1-2% and definitely not more than 5% of your total investable portfolio into this. Please don’t talk others into this, especially friends and family.

    edit: or was this all satire and I fell for it?

    I’ve said plenty and there is major institutional investment occurring now. Dividends are announced every Wednesday morning from the activity that took place Monday through Friday of week before. They release daily transactions and holdings every single day, and they have people tracking gains/losses, AUM increases and new shares. 

  10. 3 hours ago, Longhorn_Fan68 said:

    saw a recruiting ad for the border patrol yesterday and it was as cringey as you can guess. lol, pathetic

    If you can speak Spanish, it’s easily one of the best available jobs in public service. Plus you can get stationed in San Diego. Sign on bonus totaling 20k+

    Physical fitness test is a complete joke 

    • Fuck You 3
  11. 46 minutes ago, Biff Tannen said:

    When exactly did stassney become a nut bar?  Feels like he was halfway normal when Biden was in office. Did dotard winning finally break his brain?

    There is nothing nutty about me telling the democratic party to go fishing where the fish are at.

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