I Invested in TSLY for 9 Months Using MARGIN Here are the RESULTS…High Dividend Investing

Описание: #tsly #tesla #investing #margininvesting #buildwealth #incomeinvesting
In the video we discuss investing in the Yieldmax fund TSLY for the last nine months using margin. The goal of this strategy is to build a side stream of passive income by using the portfolio as the foundation. Other points touched on in the video is the distribution , performance and stock commentary. I do mention in the video who this type of fund is intended for as well as the new income fund QQQY that has been added.

By investing in TSLY(covered call ETF through YieldMax) or QQQY ( cash secured put fund through defiance) the premise is to build a stream of income by using option investing. The fund TSLY buys calls a couple months out(5-15% out of the money) and sells weekly calls to generate premium where as qqqy sells cash secured puts on qqq daily. Investing in funds like these would be advantageous during a flat or bull market. Investing in a covered call strategy is something I have done before and have made consistent income. Investing in TSLY or qqqy makes option investing easier due to the work associated with rolling the option positions is outsourced to the fund manager. This allows a hands off approach preventing you from making emotional decisions. The Decisions are being executed by a professional fund manager. Another positive element is free time. By outsourcing the option writing as an investor you no longer have to constantly watch the market. There is no more diligent screen hawking waiting for any swings in price to manage positions. Finally, it is much easier to scale investing in a fund vs individual stocks.

The key pillar for implementing this side passive income strategy is to invest in a fund that distributes more than you can borrow. In this case these funds distributes 50+% a year. If you can borrow money less than that, then you are on your way to building a side stream of passive income. By using margin you are essentially able to build another stream of income by utilizing your overall portfolio value as the foundation.

With the excess distributions after accounting for taxes, expenses, and reinvestments, could be utilized to invest in other high quality funds, reinvestment in the current fund as well as spending the money on whatever you deem right or paying down the margin.

This strategy increases your risk but utilized in small amounts can potentially offer some great returns. I'm using only 10% of my overall portfolio value in margin to implement this strategy. Overall for the time being the income from the fund is covering expenses. The income is quite substantial for a dividend/ income fund. There is not much reported gain and actually are at an overall loss from a performance perspective. Currently it is too early to tell if this is a viable strategy going forward .We aren't seeing any feasible results currently. As of right now we will continue the experiment and continually acquire real world data and no arm chair data.

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