Stock Market

...and a bit of a "don't bet if you can't afford to lose" pick-

MSTY

Learned about it on another forum.

Get this- 123% dividend.

You read that right- 123% as of this morning. It does fluctuate quite a bit but seems to always be around 100%.

The price fluctuates as well, Was 25.1 when I bought. 22.7 this morning.
I guess it goes down after a dividend payout and builds back up to the next one.

Here's "the catch"-

It's a fund that buys and sells options on another fund, that...stay with me here, it's a bit foggy...buys and sells options on bitcoin.

I'm in for $500 just to see what happens.

I may buy $500 more to DCA a little.

Ex-dividend was yesterday.

Payout is tomorrow.

...and it pays every 4 weeks (not once a month), so 13 times a year- that's odd.

I gotta see what happens mid term on this.

I'm super shy of actual bitcoin and it's HUGE speculative swings.

...but these folks are putting a LOT of effort in tracking it and "hedging" the movements.

:popcorn: :popcorn: :popcorn: :popcorn: :popcorn: