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261 sats \ 1 reply \ @justin_shocknet 11 May \ on: MST 2x leverage MSTR ETF pays Weekly Dividends!! Buyer beware! Stacker_Stocks
I can't believe the hype on twitter around these yield plays, then again I can believe it because people are retarded.
- same key man risk as MSTR
- same bitcoin fundamental risk as a Bitcoin
- same counter party risk as as an ETF
- effectively an income tax on your principal in cash accounts
- liquidity risk effectively leveraged
- upside potential capped
- expense slippage
- nav erosion
- added yield curve risk
I understand there's trillions in fixed income that need access to this stuff, but individuals acting like the yield is free money might be an all time great counter-signal
Good news for us at least is that these bozo's make being long cheaper
True. The action of getting paid for doing nothing is intoxicating. That is why price talk dwarfs tech talk. Plus we are told never sell your assets use your money to make money. And now this message is on rocket fuel with strike’s new lending products.
But I agree fixed income has a enormous TAM so people are going to try to squeeze that Orange anyway they can to get a piece of the easy income
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