Jan MacKay

303 posts

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Jan MacKay

Jan MacKay

@MacKayJZA

I am therefore thankful for what I about to receive . .

Earth Katılım Ocak 2018
944 Takip Edilen276 Takipçiler
Jan MacKay
Jan MacKay@MacKayJZA·
@red1wj @Alice_MiaX Should calculate the dividend x 52 weeks devide by 12 for a true monthly distribution. Or a shorter near accurate calculation would be to take dividend x 4.33.
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Jeff Wider
Jeff Wider@red1wj·
@Alice_MiaX According to Fidelity $KYLD has paid $0.165 per share a week since inception. multiplying that four times for a monthly distribution is $0.66 a share. Not sure if that changes the math in the readout.
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AliceMia
AliceMia@Alice_MiaX·
I ran $KYLD through the Bot 🤖 KYLD is a very new, very aggressive income ETF. Inception: Oct 30, 2025 Current price shown: ~$22.30 Last 3 months: -13.3% price decline Weekly distribution: ~$0.66/share Stated distribution rate: ~37–38% 👉 Income is being paid, but NAV is bleeding fast. How KYLD makes money (important) KYLD is not a simple covered-call ETF. It uses: • Synthetic long exposure (calls + sold puts) • Covered calls AND uncovered calls • Put selling • Spreads, collars, risk reversals • Heavy derivatives + leverage (up to ~200% notional exposure allowed) This is options trading wrapped in an ETF, not passive income. The distribution problem (this matters) Here’s the big red flag: • 30-day SEC yield: NEGATIVE (~-0.4%) • ~98% of recent distributions classified as Return of Capital (ROC) Now, ROC can be good or bad. Your own rule (and it’s the right one): If total return ≥ distribution → good ROC If total return < distribution → bad ROC Right now: • Price down double digits in months • NAV down since launch • Distributions far exceed earnings ➡️ This is bad ROC at the moment Meaning: you’re being paid with your own capital back. Fees & structure • Expense ratio ~1.0% after waivers • Non-diversified • New fund risk • Heavy derivatives + counterparty risk This is not a conservative income vehicle. Do I like it? Short answer: No, not for what you value. Longer answer: 👍 What KYLD does well • Massive weekly cash flow • Traders can juice short-term income • Works best in flat, high-volatility markets • Attractive for short-term yield harvesting 👎 Where it fails (for you) • NAV erosion already visible • Negative SEC yield • Distribution not supported by earnings • Too complex and aggressive for long-term income • Violates your capital preservation first rule • Not retirement-safe yet My honest verdict (NeoAI, no fluff) KYLD is: 🔥 A trading income product ❌ Not a Vault anchor ❌ Not retiree-safe ❌ Not NAV-stable If someone knows exactly what they’re doing and treats this like: “High yield, short leash, no emotional attachment” Fine. But for long-term income sustainability? 👉 Hard pass until NAV stabilizes and earnings catch up. Bottom line That chart is telling the truth before the marketing does. KYLD is paying you loudly… while quietly shrinking itself.
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Cyril Ramaphosa 🇿🇦
Cyril Ramaphosa 🇿🇦@CyrilRamaphosa·
We will intensify our efforts to ensure that infrastructure investment by both the state and business drives economic recovery, growth and job creation. 🔗 t.ly/mk7s_ #AWorkingNation
Cyril Ramaphosa 🇿🇦 tweet media
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Edwin Cleophas
Edwin Cleophas@casboy101·
@DaanBarnard Not one idiot in that room is asking the big question.....what are the very bad things that are happening to white people that this orange bastard keeps referencing!!! Nobody calls them out on their BS!!!! Fake news and fantasy world that they created.
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Danie Barnard
Danie Barnard@DaanBarnard·
President Trump is addressing the media about #SouthAfrica, and it doesn’t seem like he believes the fake news. (He has all the receipts) I think more pressure is coming.
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Jan MacKay
Jan MacKay@MacKayJZA·
@be1_gilly I am proud of my heritage and so should each culture have pride in who they are. But I am South African. I was born here and I will stay here. This is my home not some far away strange place. If people hate themself and they wish one culture away, they should rather move away!
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Jan MacKay
Jan MacKay@MacKayJZA·
@BafanaSurprise Consider this. Without commercial farming a 10 Kg maze meal wil go from R130 now to R500 if we have to import it. That is the reality and most people will not be able to afford that. Not all Afrikaners is Farmers and not all Farmers is Afrikaners.
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Slaughter.
Slaughter.@BafanaSurprise·
South Africa 🇿🇦 will not be able to survive without the Boers, keep on denying this reality up until you get to experience their absence! Boers play a major role in this Country, we are regarded as the best Country with good farming. Because of the Boers, support the ANC in chasing the Boers out of this Country. And you shall see what will happen!
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Jan MacKay
Jan MacKay@MacKayJZA·
@GodPenuel Definition of discrimination: en.m.wikipedia.org/wiki/Racial_di… The laws are wrong and only benefitting a small portion of people. We need to stop this political agenda of devide and chaos and organise as ordinary people to lead the nation to a full free and fair country.
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Penuel The Black Pen
Penuel The Black Pen@penuelist_·
Genuine question to WHITE SOUTH AFRICANS... How do YOU suggest we fix the injustices of the past that still affect the majority of BLACK SOUTH AFRICANS today? Specifically regarding land they were forced off of in 1913, Bantu Education, Labour Exploitation & Income Inequality?
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Jan MacKay
Jan MacKay@MacKayJZA·
@GodPenuel 2 wrongs dont make things right. Apartheid was there and we cant change that. Ir was wrong. However it was the law and no one could change that. Present BBBEE laws is the same. Its a discrimination law, but it is the law. Is it right - no.
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Jan MacKay
Jan MacKay@MacKayJZA·
@jrokcc @twatterbaas The largest land owner is not some white farmer but Transnet, Eskom, Dept of Defence, Public works and the list goes on.
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Memnon
Memnon@jrokcc·
@twatterbaas How did a people who only make up 8% of the population come into the possession of over 70% of the farmland available in south africa?
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Boer
Boer@twatterbaas·
What we white South Africans want: - No more "Kill The Boer". - No to changing the constitution to expropriate private property with Nil compensation. - No more discrimination against our language in Universities and schools. - No more racist Black Economic Policies in the workplace. - No more racist Black Economic Policies on the sports fields. - No more killing of white farmers. - No more lies and corruption. Thats all. Equal rights to all South Africans. Please share our voice. Thanx.
Boer tweet media
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Jan MacKay
Jan MacKay@MacKayJZA·
@jrokcc @twatterbaas I think you need to search for the land ownership study done a few years ago. Reality is the government control most of the land in this country. This is under SOEs Provinces and city councils. Lets start with getting people title deeds from old home land policies.
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Jan MacKay
Jan MacKay@MacKayJZA·
@na_sibanibani @NelMarcel @jacarandafm Let me remind you what Ntate Mandela said: This country belongs to all those that are in it. We ( you and me) are here and we need to work on making this nation great again. Be proud of who you are White Black Indian Coloured. I do value my heritage and do respect yours. Do you?
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Mkabayi ka Babakhe
Mkabayi ka Babakhe@na_sibanibani·
@NelMarcel @jacarandafm Your own country? But you know this is not your country. You are European. How do you people continue to lie to yourselves daily?
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Marcel Nel
Marcel Nel@NelMarcel·
Hey @JacarandaFM, I asked a question, and instead of answering, you removed it. Did I hit a nerve? I’ll rephrase: Why is a music station running BEE propaganda ads that remind some of us we’re second-class citizens in our own country? Can I just enjoy music, or does every space need to push a racial agenda? If there was nothing wrong with my original question, why remove it? #BEEPropaganda #KeepPoliticsOutOfMusic #FairnessForAll
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Jan MacKay
Jan MacKay@MacKayJZA·
@NelMarcel @jacarandafm Every thing in media is pushing the racist policies of the governing party. And we the presently oppressed are getting frustrated and pushed to a wall and the anger is building and growing and will drive people that is being oppressed to a point that this corrupt lot will regret
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Jan MacKay
Jan MacKay@MacKayJZA·
The language of the new land expropriation bill is not to allow random people to claim land because they feel like it. The Act was originally written in 1975 by the apartheid National Party and reworded to be applicable for the current socialist agenda. thepresidency.gov.za/president-asse…
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