Hi Everyone
For many of us, today is the most hated and costly day in the American calendar. Not only do we have to pay taxes, but the effort to organize and file a tax return can be very annoying, plus we file knowing greedy politicians and bureaucrats make it more expensive and complicated than it needs to be. At least the new government intends to improve a few things for next year including fairness.
We have posted several issues discussing strategies that protect us from being victimized by forces that use the media to legally manipulate the market into panic selling. So consider this – In a casino, who nearly always makes money? – THE BANK or THE DEALER, right? In our case 90% of our investments involve investing with major players, the hedge funds, rather than being retail victims. Accused of having ice in their veins, during the first terrible market crash in 1929, there were major players that made big money because of it, e.g. Bernard Baruch, Joe Kennedy (JFK’s Father), Lauriston Livermore, etc. While today’s crashes are comparatively small, their frozen vein principles still apply. To play other peoples greed and fear, we buy the high dividend payers whose strategies minimize risks and tend to make money in both directions of the market. We enhance our profitability by averaging our costs down in the dips, and if we sell a position, it is either to restructure our profitability, or to move into a better opportunity. We might celebrate a win, but contrary to what the big guys want, we never get emotional about money.
This week, we have dividends being declared on:
- TSLY and its opposite CRSH,
- YBIT – a bitcoin hedge,
- LFGY – a Crypto Industry hedge,
- CHPY – a new semiconductor industry hedge that might not yet pay,
- ULTY – an all round YieldMax fund that is very cheap and pays a wonderful dividend, but we don’t know where the bottom is yet.
In addition, since we featured it, MRNY – the MRNA vaccine company based hedge, has gotten cheap but with recent positive articles has started to recover. MRNY betweern $2.50 and $2.60 / sh should pay next week – ~85% yield last time. My sister, an analyst who used to work for a huge health insurance provider, indicated that MRNA is likely to start building momentum in September, as they come in to vaccine season with Measles, Flu, Covid etc. In spite of the RFK FDA, they are in final approval stages of new vaccines as well. At the moment they are not profitable, but recently analysts seem to believe those fortunes might change with near term business. I consider MRNY an important, cheap, long term play and since the last article on it, I added a lot more at $2.47/sh.
So, as the so called tariff wars were played to scare people into taking losses, to us they are just another example of fake news gifted us great opportunities. Within our group, several of you are very diversified and have reported cash coming in every week. While we often notice portfolio value bumps, our group seems to be earning ~10%/month in dividends – not bad since most people earn ~5%/year. Sooner or later, as more people see these enormous dividend profits, portfolio values should climb back – but as we usually don’t intend to sell, that doesn’t matter.
It is a real thrill to hear how well things are working for you.
Don’t forget to send your cell numbers if you want text alerts – XtremeInvestor@XtremeInvGrp.org
Regards,
Clint