Sea 3- Ep -#04 ICOI Vs. MSTY/ULTY (Should We Sell All Shares of MSTY/ULTY?!!!)

Send us Fan MailSeason 3, Episode #4 of Not Me, But You! Podcast. Connect with me/Follow me on X at: Waypa Today. I do offer 1:1 and small group  coaching. Please email me at WaypaToday @gmail.com to set up a FREE 15 to 20 minute call to see if working togther makes sense. Should we sell ALL shares of MSTY and ULTY to move the money into LESS risky things? We discuss whether doing this makes sense or not. We discuss potential tax implications of selling assets. Managing risk and managing your own emtions are two very important things we all need to learn to do effectively, or we will lose LOTS of money as investors! Bitcoin is back up over $95,000 per coin! I like ICOI, which IS a Bitcoin play but also very HIGH RISK and HIGH YIELD! Do your own reserach BEFORE you invest!  Yield at time of this recording is 221% PER YEAR! Less than $18/share. Pays MONTHLY dividend. Rich people who tell us to invest in Apple stock are not wrong. But rich people ALREADY have cash flow. Put your cash flow in place FIRST. Then buy Apple and other Mag 7 stocks that are longer term GROWTH plays. They are NOT INCOME stocks. Apple stock pays a dividend of 0.04%!!!! LESS than one percent per year. MSTY and ULTY have NEVER stopped paying dividends, even with the recent REVERSE split late last year. The "cascasding waterfall" approach to investing takes into account that SOME of these high yield/high risk ETF's WILL reverse split. But IF your investment goal is INCOME...then how important is the share price? How imnportant is the reverse split? You are NOT investing in these ETF's for GROWTH. You are investing for INCOME! Build your cash flow pipeline. It's the pathway to freedom. IF you choose to sell all of your shares of MSTY/ULTY you also LOSE the weekly dividends! No more dividend INCOME and you're locking in HUGH losses when you sell. #Dividends, #BTC, #Bitcoin, #ICOI, #MSTY, #ULTY, #SPYI, #QQQI, #CLM, #Stocks, #ROTH IRA, #IRA, #Roth Conversions. I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.