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Old 06-27-2016, 11:23 AM  
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 08-09-2023, 10:02 PM   #13546
ReynardMuldrake ReynardMuldrake is offline
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Bad news: I got laid off last Wednesday. I hadn't even been in the position for six months yet.

Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.
Plus I'm getting 60 days' pay + two weeks' severance so I am basically collecting two paychecks for the month of September.
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Old 08-09-2023, 10:03 PM   #13547
DaFace DaFace is offline
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Quote:
Originally Posted by ReynardMuldrake View Post
Bad news: I got laid off last Wednesday. I hadn't even been in the position for six months yet.



Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.

Plus I'm getting 60 days' pay + two weeks' severance so I am basically collecting two paychecks for the month of September.
Congrats man, that's awesome.
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Old 08-09-2023, 10:14 PM   #13548
ReynardMuldrake ReynardMuldrake is offline
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Congrats man, that's awesome.
Thanks. I never thought I would be thankful for getting laid off, but the timing is pretty much perfect. Hopefully the new gig lasts longer.
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Old 08-10-2023, 09:52 AM   #13549
tredadda tredadda is offline
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Quote:
Originally Posted by ReynardMuldrake View Post
Bad news: I got laid off last Wednesday. I hadn't even been in the position for six months yet.

Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.
Plus I'm getting 60 days' pay + two weeks' severance so I am basically collecting two paychecks for the month of September.
That is awesome news. More money with the new job, still remote which saves money as well, and you get to double dip for a month.
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Old 08-10-2023, 10:17 AM   #13550
ThaVirus ThaVirus is offline
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Originally Posted by ReynardMuldrake View Post
Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.
Great news, bud.

Now you just need to get a second gig with your new employer's competitor and you'll be golden!
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Old 08-10-2023, 02:50 PM   #13551
myselff77 myselff77 is offline
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Originally Posted by ReynardMuldrake View Post
Bad news: I got laid off last Wednesday. I hadn't even been in the position for six months yet.

Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.
Plus I'm getting 60 days' pay + two weeks' severance so I am basically collecting two paychecks for the month of September.
Congrats. Were you already looking for the new position before you got laid off or it was just that quick finding the new gig once it happened?
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Old 08-13-2023, 08:35 AM   #13552
Hog's Gone Fishin Hog's Gone Fishin is offline
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I enjoy watching these type videos. There's ALWAYS something you can take away that can improve your life, or your line of thinking to be a little more successful.

I you've got an hour to kill:
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Old 08-16-2023, 06:48 PM   #13553
Hog's Gone Fishin Hog's Gone Fishin is offline
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Here's an excellent Q&A with the YieldMax fund manager. You'll leave this with a complete understanding of how they work. One of the biggest takeaway's is it's in their philosophy not to have a deteriorating fund like most dividend stocks. Their strategy is a game changer.
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Old 08-16-2023, 07:15 PM   #13554
lewdog lewdog is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
Here's an excellent Q&A with the YieldMax fund manager. You'll leave this with a complete understanding of how they work. One of the biggest takeaway's is it's in their philosophy not to have a deteriorating fund like most dividend stocks. Their strategy is a game changer.
What happens when they can’t pay the dividend?
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Old 08-16-2023, 08:28 PM   #13555
Hog's Gone Fishin Hog's Gone Fishin is offline
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What happens when they can’t pay the dividend?
Watch the video and quit being so ****ing negative.

The YieldMax funds were created for DIVIDENDS.
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Old 08-16-2023, 08:41 PM   #13556
|Zach| |Zach| is offline
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Quote:
Originally Posted by ReynardMuldrake View Post
Bad news: I got laid off last Wednesday. I hadn't even been in the position for six months yet.

Good news: I got an offer letter for a new position today. $5K more than the last one and I still get to work fully remote.
Plus I'm getting 60 days' pay + two weeks' severance so I am basically collecting two paychecks for the month of September.
oh hell yea
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Old 08-17-2023, 09:12 PM   #13557
lewdog lewdog is offline
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Originally Posted by Hog's Gone Fishin View Post
Watch the video and quit being so ****ing negative.

The YieldMax funds were created for DIVIDENDS.
BUT MY DIVIDENDS ARE SO ****ING SWEET!!!!

#totalreturnsmatter
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Old 08-19-2023, 11:41 AM   #13558
Hog's Gone Fishin Hog's Gone Fishin is offline
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LewDog = The Debbie Downer of Dividends
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Old 08-19-2023, 12:00 PM
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Old 08-19-2023, 12:48 PM   #13559
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My initial investment of 9991 is now at $8857 Down overall -11.35% TSLY

Buying TSLA with a t 10K investment would now be worth $7846 Down -21%

Through dividend reinvestment my share count went from 592 to 662.

The dividend value returned in two months was $1151.84. More than 10% of the initial investment.


Since TSLA became a huge terd the last 30 days I'm anxiously awaiting the next TSLY dividend announcement. Their low is .44 and high is 1.07

Here's what I can honestly figure out.

I think something like TSLY works in sideways and maybe slightly down markets, to keep you ahead of the regular TSLA stock as far as total return. Remember, total return is all that matters. I don't give a shit if that's from the stock price or dividends.

However, you will assume much more risk in downside loss in a true bear market with TSLY. Also during a rapid recovery and very bullish pattern, you won't gather the same upside gains that the straight TSLA stock would see and you'll lag returns then.

Just what I can gather from the price action on both.
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Old 08-19-2023, 01:02 PM   #13560
Hog's Gone Fishin Hog's Gone Fishin is offline
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Here's what I can honestly figure out.

I think something like TSLY works in sideways and maybe slightly down markets, to keep you ahead of the regular TSLA stock as far as total return. Remember, total return is all that matters. I don't give a shit if that's from the stock price or dividends.

However, you will assume much more risk in downside loss in a true bear market with TSLY. Also during a rapid recovery and very bullish pattern, you won't gather the same upside gains that the straight TSLA stock would see and you'll lag returns then.

Just what I can gather from the price action on both.

TSLA dropped from 279 to 215 the last 30 days (-22.93%)
TSLY dropped from 16.74 to 13.37 last 30 days (-20.13%)

That amount of drop in 30 days I would think constitute a full Bear market (For TSLA/TSLY) so we will see what the dividend announcement is for September.

edit : Also the fund manager states on the upside if the underlying stock will increase 5% or less during the 30 day period , they can pretty much capture ALL the upside, but when it grows at a faster pace it will lag.
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