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MSTY seems too good to be true.

Invest £10,000 and get a £1000 a month dividend

What am I missing? This is bonkers and could retire the boomer parents who ‘forgot’ to build a pension

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Enabled by the finiteness of the denominator

I’m just in disbelief

1,000 per month? Maybe per year.

From AI:

Let’s run the numbers based on real, current data:

Current price of MSTY: ~$23.52

Last monthly dividend: $2.37 per share

Step 1: How many shares does $10,000 buy?

$10,000 ÷ $23.52 = ~425 shares

Step 2: What would 425 shares pay in monthly dividends?

425 shares × $2.37 = ~$1,007 per month

So invest 10,000 and end up with 120% annually in dividends (12,000). Unreal.

BlockFi vibes

It has paid out 5-10% for over a year now. It goes up and down, but if you were in from the beginning, you’d have your money back by now.

wild