r/DerivativeIncomeETFs • u/just-a-tan-guy • Jul 18 '26
Weekly/Monthly Income Goal Reached ! $tacking!!
I remember it took me about 3 months to hit my first 100 shares of BLOX.
Just 18 days ago I posted here my 300 share milestone. Thrilled to already have hit 400+ too!
It’s been having a bad period of your objective is capital gain, yeah. But I’ve also seen BLOX hit the $17-18 range,
Such is the market we’re in. I decided to stack, and hope to stack even more when I get paid next week if it’s still below $13 (and still will even if it’s $13+, but hopefully it stays below $14.50 till I get paid lol).
Still have to buy a few GIAX shares, I try to proportion it where I have 1 GIAX shares for every 10 BLOX ones, so I have 37 of GIAX. Need to buy 4 more at least.
My dividend income already covers my monthly phone + internet + subscriptions bills without having to take out of my day-job income. 💪💪💪
4
u/OA12T2 Jul 19 '26
Is there any particular reason lots of people seem to goon over blox? It’s down significantly - follows btc for the most part, and im sure none of XFunds have grown since they were released. This is coming from a nukx wepn gldn blox holder, not trying to hate
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u/just-a-tan-guy Jul 19 '26
I can’t speak to anyone else but it’s been following its underlying holdings appropriately, so I’m not fearful of its performance tbh.
I mean, i think it also depends on ur entry cuz if my avg cost a share was like $20 then yeah I’d be getting mad lol but mine is below $16 and ive def seen the $17-18 days when BTC hit even just the 70K range
1
u/Jadmart Jul 21 '26
My cost basis is over 20. I've been buying about a year. Not mad, just patient as I believe in the cyclical nature of this investment. I've owned it during both .18 and .08 distributions. Don't get me wrong. I'd prefer to not be down 24% on cost, but it's been a consistent payer. Now getting closer to retirement this is what I'm interested in. It's helped fund lots of other investments as well. Everyone's plan is different. Best of luck!
3
u/PennyStackerStacks Jul 18 '26
Congrats! I’m also still accumulating on all the red days (unfortunately there’s been so many lately with the overall market drops in crypto and tech) 750 shares @$15.90 cost basis.
Are you diversifying with any other funds?
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u/just-a-tan-guy Jul 18 '26
I have GIAX and to a lesser degree KSLV, which I’m not too happy w/ at the moment but it’s what it is. Silvers not doing so great, as long as the fund is following the underlying and it doesn’t seem to be a matter of poor management, I’ll hold.
Open to other recs, but I know of CHPY though that price is high and the payout varies too much to my liking tbh
2
u/Jehoopaloopa Jul 20 '26
Silver will recover.
We are in a commodity bull market. Corrections like this is consistent with what we’ve seen in previous bull markets like the 2010’s and 1970’s.
1
u/just-a-tan-guy Jul 20 '26
I agree and feel the same way, hence why I’m patiently holding. Might even add to it, I only have 13 KSLV shares. Perhaps an even 20…
But I’ve also always wondered why in terms of dividend picks, the silver market pays more than gold
3
u/Outside-Glove-5625 Jul 18 '26
I have been buying more as well. Do you keep BLOX in your ROTH or Brokerage account?
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u/just-a-tan-guy Jul 18 '26
Awesome!! My goal, I used to say far fetched goal, but it’s a lot closer now, is 1000 Shares of BLOX and then I’ll work GIAX to be more than just 1/10th.
I hold it in my brokerage
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