Quote:
Originally Posted by Hog's Gone Fishin
TSLA doesn't pay a dividend. TSLY does. TSLY payday is tomorrow and I'll get around $1200. Owning TSLA is purely for growth. Owning TSLY is purely for income.
If I had it all to do over again I would not have bought TSLY, I would have bought NVDY or CONY but like all stocks hindsight is 20/20. Like lewdog says , TSLY has been a dog but he only points out the negative. I will not lose ANY money investing in TSLY, but it will take longer to pay out than I hoped.
TSLY was the first fund YM came out with. Now they have about 20 different options.
And yes , as long as TSLA grows, TSLY will increase in share price as well as dividend.
And to Daface's comment, hospital food isn't so bad once you get accustomed to it .  |
Dividends only make sense for “income” if the share price is relatively stable. A volatile stock price coupled with a dividend is a recipe for declining capital without a return to match.
TSLY seems to have the same downside risk as TSLA but lacks the growth potential during bulls to match the returns you’d have by actually just owning TSLA. Again, total returns!
https://seekingalpha.com/article/466...ar-performance