Quote:
Originally Posted by Hog's Gone Fishin
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
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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.