📊 Want to see my exact $200K portfolio and calculate your own investment profits? Get FREE access: https://www.GaryGillX.com
🐂 Passive Income Investing: https://www.youtube.com/@PassiveIncomeInvesting
000:0 DON’T SKIP (Important)
00:37 Why Did We Buy it?
12:55 Distribution Decrease
38:48 Using a Credit Line
45:27 Covered Calls vs. Index Funds
01:03:57 Selling USCL
01:12:32 Management Fee’s
Gary Gill and Adriano discuss their $400K+ investments in MSTE from Harvest Portfolios, a Bitcoin-related ETF, and delve into the intricacies of investment strategies, market dynamics, and personal conviction in investing. They explore the implications of distribution changes, the importance of understanding covered calls, and the long-term potential of MicroStrategy as a company.
#passiveincome #MicroStrategy #Bitcoin #canadianinvesting #etf
Legal Disclosure: I’m not a financial advisor. The content in this video is for entertainment and informational purposes only. Always consult a licensed professional before making any investment decisions. The stocks I discuss are not investment recommendations. I’m not responsible for any losses you might incur from following my examples. Remember, investments that aren’t FDIC insured can fluctuate in value. Please invest wisely!
I have so much respect for Adrian, he is very transparent , tells people his reasonings, and he is not like others who pumps stocks for alterior motives. I have lost so much money listening to scammers and copying them..Gill is also my favourite as his reasoning is similar to mine .
Is mste the Canadian version of msty?
Long video and I watched it all! These videos are of great benefit to those of us that are new to investing. Getting started is difficult without listening to knowledgeable investors like the two of you. I have many of the ETFs held by both of you. It is a great starting position and your experience is a benefit to me. Overall time I will produce a portfolio that matches my thinking but initially I like to review your portfolios and see what is in them. Both of you give get explanations as to what you are doing.
Time is the most precious resource I have. Spending less thinking about my portfolio is great. I have time to find the right balance of ETFs now. Thanks for helping me get started.
The current problem with MSTR/MSTE is the price performance. Since mid July, it has disconnected from Bitcoin Spot Price in a troubling manner. This coincides with the issuance of STRK, STRC, STRF and STRD. So their issuing common shares, diluting existing shareholders, to fund the preferreds which they pay dividends on. In addition hedge fund managers are shorting the stock and going long the preferreds, right now they are making money on both sides of the trade while the common shareholders are left holding an emptying bag. For MSTR/MSTE to go up Bitcoin Spot has to rally at at an excellerated rate to compensate for the dilution and the dividend payments. So last night I listened to the MSTR conference call, Saylor, orange man rogue, did not address this issue in a meaningful way, he re-iterated the same stuff from previous conference calls. Having said all this I own more MSTE than either one of you and I would like to see the MSTR team care more about their declining stock pricel, in any case I've got a potential tax loss than I can use. Time will tell.
I bought mste not to chase yield but as a yield booster and to try out all these new single stick cc ETFs. Big mistake. But lesson learned. All the crypto scams and mass manipulation like we saw a few weeks ago with trumps tweets and people being washed out of the crypto market but it never hit main stream. Adriano says it best…. He has confidence in sailor and the stock. Do what you are comfortable with. Me, I hope I can break even on my buy price and I am out….. never to touch anything crypto related or single stock anything again. Just not for me but to each their own!
how about margin so you have a tax write off? I am in Canada. I do not like credit either but like a tax write off
Hi Gary awesome interview with Ardiano I learned from him about cover calls Etf initially…I have in index etf and cover call Etf..if you reinvest the distribution in the cover calls…will it not make up some of the upside you we get in the index fund (the miracle of compounding interest) looking forward to your reply thanks..
Gary I'm going to add BANK To my TSFA …I know you have it and I think you are very happy with it..I watched the interview you had with CEO of Evolve
Thank you so much for the education. This makes me feel so much better. I was getting a bit worried!