MSTY Article: seekingalpha.com/article/4739826?gt=efce46e99e9b9f40 Join this channel to get access to perks: ua-cam.com/channels/sc8a4xcOfGiwR4Bu8UZWMQ.htmljoin Buy me a Sweet Tea:👉 ko-fi.com/incomearchitect Income Factory Book 👉 amzn.to/3ZCzp1p Affiliate link Seeking Alpha 👉 www.seekingalpha.link/3RJ5GCX/2QZRGT/ Link to the channel: 👉 www.youtube.com/@Income_Architect?sub_confirmation=1
Brad I am 72 and have been a avid investor for 30 years. I switched to all income investing about 3 years ago. I have never looked back. I watch a handful of channels on income investing and find yours the most interesting. I really like your approach to researching candidates for your next buys. Your channel is on track to much higher subscriptions based on your approach. Keep it up and thanks.
in regards to BTC: So I got assigned on my CCs for BITX. I made a nice profit in a short time on BITX. Rather than getting assigned on BITO at 23, I rolled it out to March at the same strike price. My theory is that the dividends will bring the NAV down around $3 and I can continue rolling at the money until it eventually expires worthless.
or the price just keeps going up. adventurually the price will come down or flatten out. You are right the distributions will help bring down the price over time. Good Luck.
Amen on credit card debt. Aim for no credit card debt and 3-6 months expenses saved up. I paid off my 15k of credit card debt and got up to 10k in my savings account. Never had lower stress in my life. Not easy to do I know.
Like others mentioned; around 18 minutes into the video some frames started to freeze and audio went out of sync. Your video export/rendering probably bugged out.
Then again, I could get randomly assigned before the next ex-date on BITO. That's another reason I went out to March. Less chance of assignment by going way out there in time.
I have been waiting for a pullback in SPY/QQQ to add to some positions but its not happening it seems. As soon as I do I will let you know as market will tank once I do. :)
Breaking out the red holiday pen! Besides the random hair the fell into frame at 12:14, like other comments, my audio latency was off in second half of video. Like you were bouncing it off too many spy satellites. Also many video freezes. but I appreciate you making videos .
Yes I actually do hold it. The last two weeks or so I also played with MSTU 2x leverage. Went from 110 to 190 sold then back into MSTY for last weeks dividends. It is a very small holding just like NVDY. The Roundhill vs Yieldmax test starting on Monday, we will have MSTY and CONY. Keep in mind 25% of all distributions in both test will go to BTCI. BTCI also has a 25% allocation to HODL. If you look behind the books is also my canaan Miner in the video.
I used to have a risk aversion to BTC but the environment has changed significantly so I am much less concerned. I think holding an allocation to a BTC CC ETF is good play for diversification and long term growth and income (up to 5%). I also think holding 0.5 to 1 BTC in a cold storage wallet for the long term is also prudent if you can manage it.
The volume is not there yet like BITO. I like to see a little more volume. The implied volatility is the same between IBIT and BITO. So that is a good sign. I rather people write options on the underlying then creating a synthetic on a synthetic.
MSTY Article:
seekingalpha.com/article/4739826?gt=efce46e99e9b9f40
Join this channel to get access to perks:
ua-cam.com/channels/sc8a4xcOfGiwR4Bu8UZWMQ.htmljoin
Buy me a Sweet Tea:👉 ko-fi.com/incomearchitect
Income Factory Book 👉 amzn.to/3ZCzp1p
Affiliate link Seeking Alpha 👉 www.seekingalpha.link/3RJ5GCX/2QZRGT/
Link to the channel: 👉 www.youtube.com/@Income_Architect?sub_confirmation=1
Brad I am 72 and have been a avid investor for 30 years. I switched to all income investing about 3 years ago. I have never looked back. I watch a handful of channels on income investing and find yours the most interesting. I really like your approach to researching candidates for your next buys. Your channel is on track to much higher subscriptions based on your approach. Keep it up and thanks.
Thanks for sharing! It’s only a matter of time.
Appreciate these sweet tea chats. Thanks Brad!
Always
My favorite,sweet tea❤🎉I’m Canadian,we celebrate thanksgiving in October 😀🎉
Thanks 🙏
Thanks for not giving up!
You bet! It was hot 🥵 in the room.
Thank you Brad. Excellent video
Glad you enjoyed it
Nice spending time relaxing and listening .
Enjoy!
Brad, I always look forward to your "Sweet Tea" Videos! Thank you for taking the time to record them and share them with us!
You are so welcome! I think the room was hot 🥵 enough to cause it to uncomfortable.
in regards to BTC: So I got assigned on my CCs for BITX. I made a nice profit in a short time on BITX. Rather than getting assigned on BITO at 23, I rolled it out to March at the same strike price. My theory is that the dividends will bring the NAV down around $3 and I can continue rolling at the money until it eventually expires worthless.
or the price just keeps going up. adventurually the price will come down or flatten out. You are right the distributions will help bring down the price over time. Good Luck.
Sorry to hear you had so much trouble. Appreciate the content. Video was not in synch with audio for me, but still managed to follow along.
Hmm thanks for letting me know. I will double check the software. It was just hot 🥵 in the room for some reason.
Was a problem on my end. Must have been a slow connection. Video seems fine now. Ty
Amen on credit card debt. Aim for no credit card debt and 3-6 months expenses saved up. I paid off my 15k of credit card debt and got up to 10k in my savings account. Never had lower stress in my life. Not easy to do I know.
Credit card and car debt are the silent killers for retirement.
Great content. The voice not matching the vid was like watching the old Godzilla and Kung Fu movies when I was a kid. Yes I am that old....haha
LOL I remember them.
Looking forward to the experiment!!!
100%. Should be fun to watch.
Canadian here - our Thanksgiving is second Monday of October. Happy Thanksgiving to you.
I know that you guys had a day. Just couldn’t remember when. Thanks.
Like others mentioned; around 18 minutes into the video some frames started to freeze and audio went out of sync. Your video export/rendering probably bugged out.
I think I tried to use two items. And it caused the bug. Thanks for letting me know.
Thank you!
You're welcome!
Then again, I could get randomly assigned before the next ex-date on BITO. That's another reason I went out to March. Less chance of assignment by going way out there in time.
Never know. I am sure glad I just gave up my call writing days. Now I can just complain about others calls and not my own.
I have been waiting for a pullback in SPY/QQQ to add to some positions but its not happening it seems. As soon as I do I will let you know as market will tank once I do. :)
It always works that way.
Thanks!
No problem! 😉. Thank you. 😊
Breaking out the red holiday pen! Besides the random hair the fell into frame at 12:14, like other comments, my audio latency was off in second half of video. Like you were bouncing it off too many spy satellites. Also many video freezes. but I appreciate you making videos .
Interesting. I used software to take out the fan noise and make everything level. Maybe I can only do one or the other.
MSTY article blocked by a paywall.
They was to be a free article as I get 5 a month. I will double check the link.
As a believer in BTC, do you own MSTY Brad?
Yes I actually do hold it. The last two weeks or so I also played with MSTU 2x leverage. Went from 110 to 190 sold then back into MSTY for last weeks dividends. It is a very small holding just like NVDY. The Roundhill vs Yieldmax test starting on Monday, we will have MSTY and CONY. Keep in mind 25% of all distributions in both test will go to BTCI. BTCI also has a 25% allocation to HODL. If you look behind the books is also my canaan Miner in the video.
where to you find z-score?
charts.bitbo.io/mvrv-z-score/
I used to have a risk aversion to BTC but the environment has changed significantly so I am much less concerned. I think holding an allocation to a BTC CC ETF is good play for diversification and long term growth and income (up to 5%). I also think holding 0.5 to 1 BTC in a cold storage wallet for the long term is also prudent if you can manage it.
Mining my own onto cold storage. The reason I went with BTCI is the hold 25% of the fund into HODL.
@@Income_Architect Do you think they may start using the new options on the ETFs that launched last week?
The volume is not there yet like BITO. I like to see a little more volume. The implied volatility is the same between IBIT and BITO. So that is a good sign. I rather people write options on the underlying then creating a synthetic on a synthetic.