$XS3087774306 (+1,12 %) # This has been the downfall of my faith in Investing. MSTR is for all intent a scam. Bitcoin goes up but mstr goes down = MSTY/P to drop. But it has a very bad upside as it's capped. So it moves down and down and down.
Better alternative is $YMST in my opinion. IT IS a little bit more stabile and the Dividends are growing Not falling. I hold both for comparison and yes the Yieldmax is Bad so far.
Any Europeans in MSTY yet? Decided to add it to my portfolio and DRIP it when NAV dips below my average purchase price, or use the distributions for longterm safer dividend growth ETF's. Currently it's 10% (150 shares) of my portfolio. Might increase it to 15% when dripping at good price as time goes on.
Just thinking of MSTY at the moment, Looking to try a small(ish) test amount to see how it performs over the next 6 months (being tied to bitcoin has me a little worried over the next full year). I was thinking the same, to reinvest when needed to preserve the NAV. Should be interesting. Good luck to you.
