all into QDTE and XDTE. I earned over 5,500 last month in my monthly payers. I think I’ll let those keep reinvesting while I start putting more of my new investing dollars into the DTEs. If they can sustain this performance I’ll only need a couple years to replace my paycheck
That should be alot of shares, i stick with ETFs, I don't plan on preparing myself to retire at the age the govt says I can retire. I prefer to have enough passive income to cover essentials like groceries and utilities and have more time to be with family and travel.
How did you make much more. It may be tough to do in a down market, I wonder if the snowball effect will outrun the price degradation as the market experiences a correction. Complicated stuff!
Hey deysi buy ETFs you understand and take some risks. If you are truly unsure, talk to a CFA. I am with Frost hilda, I heed her advice on when to enter and quit the market. To be honest, this method makes investing rewarding and requires less of my time.
Awesome video, Thanks ! I'd love to see the update after a year. I love the part you say "Let's say you're old, let's say you're 45 ..." 🤣🤣🤣🤣🤣 We're gonna live 'til we're 100 ... 45 is still young 😜
I got QDTE in 4 of my accounts, total 5,823.70 shares getting divs since May and reinvesting 100% of divs into QDTE, so far loving it. One of the accounts is taxable 1 is a ROTH Ira and the other 2 accounts are 401A and 457. My retirement date is 12/2026, by that date(if the end of world don't arrive) my Roth ira is projecting 850.00 a week wich will be great since will be tax free. Thanks for the update, enjoyed the presentation with the spreadsheet since I myself doing it in my computer.
Thank you, sir! I always always appreciate your videos! Absolutely great! You know that! I leave my comments just to support the channel to support this amazing guy! QGTE I purchased it for 500 shares. I would say it’s pretty good. It’s more appealing to me than the other one! Thank you sir!
Love the video Mark! Making the conservative case over the past 3 months XDTE has averaged $1.063 per month and extended over a year based on a $52.6 price that is a total return of 24.26%. Think that is a terrific addition to a portfolio and alternative to CONY, MSTY who fluctuate tremendously. Best regards, Steve.
I have a few Yieldmax funds with the ROI paid. Now I'm focusing on Roundhill to take advantage of the weekly compounding. I'm retired and started with a retired person's balance, so we'll see.
I have QTDE. I love it. I’m excited about Rdte coming soon. And also I heard that Roundhill is coming out with more weekly paying options. These are based on single stocks. Wow.
Thanks for the update with new data. Suggestion...for your spreadsheet, can you also add the average dividend to the calculation instead of just yield. As the yield can be a misleading measurement if the price of the ETF is down (i.e. Cornerstone). Thanks for the consideration
Am thinking about diversifying with some of this. I liked monthly divs, but weekly is even better. Would like to have the spreadsheet to play with the numbers.
I look at the Roundhill section of my portfolio as if every share will pay out $1 each month. Then I just split that section of the portfolio in half so there's an equal number of shares between XDTE and QDTE. I'm happy with the performance so far.
Work has been insane. Sorry to have been a short lately. Smashed that like button and shared it. What is the argument with YieldMax over Roundhill that I missed???
The real magic in the weekly pay isn’t the “compounding” (which is minimal), the magic is the dollar cost averaging. Oh, and there is the dopamine hit every week😎
Woukdnt mind a 0day ymax fund on the nasdaq like qdte. Think that is the benefit rather then the pay weekly, prevents the weeklies from getting blown out but if the market starts to settle down a bit, yieldmax ones likely be better. Good to have both and options.
there is also: GPIQ goldman sacks form of all of this. .41 monthly dividend. started in november 2023 at $39.00 per share and toped at $50.00 right before 05 august drop while paying steady .41 per month. now at almost $48. that is a $9 per share appreciation increase since inception 10 months ago. while picking up about $4.10 in DIVS along the path and way. just another contender and choice.
People forget, that Capital gains depreciation is because they had to buy the stop to start the fund. When they move on from the specific deep in the money calls they hold, that capital depreciation will clear up.
Up to $20k QDTE (just ck'd) and use some of YM Divs to increase every month. Part of my diversification from YM heavy account. Still very bullish on YM long term 🤑
what you guys think of using margin on these Defiance and yieldmax high dividend ETF? I have about 60K in margin and so far the dividends are paying it back...but I will have to pay taxes on that dividend income....is margin interest tax deductible....?
Not sure about QDTE. Unless you just want to be paid weekly. You could possibly make more with a monthly ETF like MSTY especially if they pay out $2-3 in dividend, plus for the price of QDTE, you’ll have almost twice the amount of shares. Also needs to be seen if QDTE will have an NAV erosion.
The point of QDTE is because it's much safer since they leverage index vs single stock. While I'm a big proponent for MSTY (have 10,000 shares), QDTE is an excellent hedge for a lower yield but safer dividend. MSTR is 2x leverage BTC. If BTC takes a nose dive, MSTY might be in danger of reverse split. It's NAV eroded 50% already (from $44 peak). Meanwhile QDTE is sitting at $42 when peak was $46 in the same time frame, so the NAV has been pretty steady. Just something to think about.
From where you receive capital gain data (any website for searching particular that information)? Can you please let me know how I can find capital gains/stock price appreciation for Abbott stock? Thank you
At year end Roundhill (their accountants and auditors) will determine what portion of the distribution is a return of capital and what portion is income. The portion attributed to income will be further subject to long term gain or short term gain treatment except that taxes on index options gains are automatically split 60/40 between STG and LTG. And any return of capital will be deducted from your basis thus potentially triggering phantom gains upon sale of the ETF. [For example, you buy $50,000 of the ETF. It distributes $20,000 back to you during the year as a “return of capital”. You then sell the ETF for the same $50,000 you initially paid to buy it. You will owe taxes on $20,000.]
While all of this is great information, you forget to mention anything about taxes. Nobody will be able to maintain this type of financial trajectory as these funds are non-qualified dividends (distributions) and taxed at nearly 30-40% at the end of the year. This is a crucial piece of information nobody seems to be talking about.
But in order to keep up with inflation one would have to reinvest at least 25 or preferably 30% of the dividends... This would also prevent nav erosion
Any COVERED CALL ( SYNTHETIC OR otherwise) means if the underlying drop heavenly you can loos lot more than the Premium received , Why is no body talking about this black swan event risk? what happens if underlying drop during the day? It can happen
I Think I will wait till market retraces because as much as I l like these funds. we will be buying for pennies on the dollar on a pullback. All these funds have had the luxury of being in a bull market with not much of a pullback IMO
The economy is in Avery scary place. When the market is up it goes down, when it is down it will up … these are the only two sure things in the market. Market is currently at an all time high … the next most likely direction is down. Not feeling confident at all.
I think your calculation do not show the real maths for QDTE. I see maybe 40% avg yield for the last 6 months in your spreadsheets, but total return is only 6%, so total return should be about 12% per year, not say 40% as the yield says. Ok, you out in -4% NAV erosion for the combination of XDTE+QDTE, but difficult to imagine a straight 10-20 yrs avg of 30% total return for me
Their Form 19a has this disclosure "A final determination of the tax character of distributions paid by the Funds will not be known until the completion of the Funds’ fiscal year and there can be no assurance as to the portions of each Fund’s distributions that will constitute return of capital and/or dividend income. The final determination of the tax character of distributions paid by the Funds in 2024 will be reported to shareholders in January 2025 on Form 1099-DIV."
I appreciate your commentary but I think you do your subscribers a disservice by calculating returns (or how much one would have to retire on in ten or twenty years) without taking into account tax obligations. The tax obligations don’t magically disappear and have to be paid/funded each year on 100% of your gains, whether you DRIP or not. Thus your net returns are inflated, either because you are paying taxes from another source and thus adding capital without accounting for it, or paying taxes from this investment account and reducing your compounding effect. Yes, taxes are obviated or at least deferred if you hold these investments SOLELY in a tax advantaged account (IRA, 401k, etc.) but hence you give up the right to spend or withdraw your weekly dividends until retirement age (and then will pay tax at what is likely to be the highest tax bracket.
You actually think Roundhill funds like QDTE and XDTE will be around in 15 years? Sorry I highly doubt it and that means the whole spread sheet you just made is totally not worth thinking about. I guess it's the "what if?" scenario. Also that means never withdrawing any divided from these funds and only DRIP for 20 yrs.
all into QDTE and XDTE. I earned over 5,500 last month in my monthly payers. I think I’ll let those keep reinvesting while I start putting more of my new investing dollars into the DTEs. If they can sustain this performance I’ll only need a couple years to replace my paycheck
That should be alot of shares, i stick with ETFs, I don't plan on preparing myself to retire at the age the govt says I can retire. I prefer to have enough passive income to cover essentials like groceries and utilities and have more time to be with family and travel.
How did you make much more. It may be tough to do in a down market, I wonder if the snowball effect will outrun the price degradation as the market experiences a correction. Complicated stuff!
@@Lowery999 Right there with you!
For me ETFs 70% and 30% individual stocks. Trying to keep building up the ETFs forever!
Hey deysi buy ETFs you understand and take some risks. If you are truly unsure, talk to a CFA. I am with Frost hilda, I heed her advice on when to enter and quit the market. To be honest, this method makes investing rewarding and requires less of my time.
How you don’t have 100k subscribers is astounding
You put out great content and are so consistent
Great. Just started buying into QDTE at $42.
Awesome video, Thanks ! I'd love to see the update after a year.
I love the part you say "Let's say you're old, let's say you're 45 ..." 🤣🤣🤣🤣🤣 We're gonna live 'til we're 100 ... 45 is still young 😜
This is a very informative video. I have not started my position with round hill yet but will be early next year. Thank you RoD !🙏
Aloha R.O.D., hey man, thanks for doing what you do. You’re changing lives, amigo!
I got QDTE in 4 of my accounts, total 5,823.70 shares getting divs since May and reinvesting 100% of divs into QDTE, so far loving it. One of the accounts is taxable 1 is a ROTH Ira and the other 2 accounts are 401A and 457. My retirement date is 12/2026, by that date(if the end of world don't arrive) my Roth ira is projecting 850.00 a week wich will be great since will be tax free.
Thanks for the update, enjoyed the presentation with the spreadsheet since I myself doing it in my computer.
The weekly deposit compounding illustration is amazing…
I currently have 2,800 shares of QDTE, pays me anywhere from $900-$1300 a week. Great performer and compounder
Wow! Nice!!
I'm 8 shares behind you! On full DRIP let's go! 😎
That is beautiful income. Congrats!
8 shares paying $3.80 p/w, that's life.
Do u reinvest ?
Thank you, sir! I always always appreciate your videos! Absolutely great! You know that! I leave my comments just to support the channel to support this amazing guy! QGTE I purchased it for 500 shares. I would say it’s pretty good. It’s more appealing to me than the other one! Thank you sir!
Love the video Mark! Making the conservative case over the past 3 months XDTE has averaged $1.063 per month and extended over a year based on a $52.6 price that is a total return of 24.26%. Think that is a terrific addition to a portfolio and alternative to CONY, MSTY who fluctuate tremendously. Best regards, Steve.
Excellent would love the application you used for projections
There are so much more financial possibilities in 2024 than there were in 1980.
I'm content with QDTE and XDTE. I started buying at the end of July.
I'll hold for now, see how things pan out.
I have a few Yieldmax funds with the ROI paid. Now I'm focusing on Roundhill to take advantage of the weekly compounding. I'm retired and started with a retired person's balance, so we'll see.
I'd like to use the updated as on discord. Great stuff!
I have QTDE. I love it. I’m excited about Rdte coming soon. And also I heard that Roundhill is coming out with more weekly paying options. These are based on single stocks. Wow.
Thanks! I got 1300 QDTE a month ago. Love it so far! If you could share the google sheet, that would be great. Thanks!
Really great presentation, thank you. I'm a spreadsheet nerd, I'm curious what you used to set up your spreadsheet. Thanks again!
It’s on google sheets
I made it from scratch
I reinvest Yieldmax dividend in QDTE, maybe some in XDTE, but I like FEPI a lot, will like to get your thought about FEPI.
Yes please share the spreadsheet. Also please use “old” for 60 and above!
It’s in there
I need that weekly compounding spreadsheet. I will check the discord. Thanks
All in all is Yeildmax MSTY still better in your opinion?
Thank You for the update. Both Roundhill and YieldMax are good..May be another update end of the year? ❤🙏🏽
Yieldmax is still goat but roundhill is a serious contender.
Till roundhill weekly comes out.
I hope their version of MSTY is better! @@RippingProfits
@@steelhorses2004 lots of new round hills coming out this year
I like XDTE better than anything Yield Max has to offer
Thanks for your inspiration and your videos!
Yes, I’d like to use the spreadsheet from discord. 👍🏻
Thanks for the update with new data. Suggestion...for your spreadsheet, can you also add the average dividend to the calculation instead of just yield. As the yield can be a misleading measurement if the price of the ETF is down (i.e. Cornerstone). Thanks for the consideration
I only kept my NVDY shares and sold YMAX and MSTY shares. Bought 1600 QDTE shares 😀
I own QDTE. so far so good!
Outstanding information
Am thinking about diversifying with some of this. I liked monthly divs, but weekly is even better. Would like to have the spreadsheet to play with the numbers.
Could you do one on PFLT? I’m debating whether or not to buy that or QDTE
I look at the Roundhill section of my portfolio as if every share will pay out $1 each month. Then I just split that section of the portfolio in half so there's an equal number of shares between XDTE and QDTE. I'm happy with the performance so far.
More RoundHill vids :)
Loving QDTE and XDTE. Need to include drawdown scenarios and tax.
In both Etfs excited to get RDTE this week
If total div is less than NAV erosion then what is the point?
Spread sheet please
Work has been insane. Sorry to have been a short lately. Smashed that like button and shared it.
What is the argument with YieldMax over Roundhill that I missed???
The real magic in the weekly pay isn’t the “compounding” (which is minimal), the magic is the dollar cost averaging. Oh, and there is the dopamine hit every week😎
QDTE is the biggest holding I have. Hope Schawb put it at 30% maintenance.
ROD, what are your thoughts on XDTE compared to CRF? What gains more over time
I have 900 shares of QDTE so far.
All good appreciate the info
Woukdnt mind a 0day ymax fund on the nasdaq like qdte. Think that is the benefit rather then the pay weekly, prevents the weeklies from getting blown out but if the market starts to settle down a bit, yieldmax ones likely be better. Good to have both and options.
Love Q and XDTE.
My guess is the dividend will go down over time and so will the share price.
And it depends on where you live my bills are just over 60000 a year. I don't own XDTE yet but will probably buy RDTE next then maybe XDTE.
there is also:
GPIQ
goldman sacks form of all of this.
.41 monthly dividend. started in november 2023 at $39.00 per share and toped at $50.00 right before 05 august drop while paying steady
.41 per month.
now at almost $48. that is a $9 per share appreciation increase since inception 10 months ago. while picking up about $4.10 in DIVS along the path and way.
just another contender and choice.
which one to use QDTE or XDTE?
XDTE had 665K outstanding shares and assets of $33M on 8/1. Happy with their growth.
xdte is a sleeper. invested in both
@@fromjahwluv xdte is very stable
People forget, that Capital gains depreciation is because they had to buy the stop to start the fund. When they move on from the specific deep in the money calls they hold, that capital depreciation will clear up.
Up to $20k QDTE (just ck'd) and use some of YM Divs to increase every month. Part of my diversification from YM heavy account. Still very bullish on YM long term 🤑
Can you share your spreadsheet? Thank you
Spreadsheets channel
@@RetireonDividends found it.
what you guys think of using margin on these Defiance and yieldmax high dividend ETF? I have about 60K in margin and so far the dividends are paying it back...but I will have to pay taxes on that dividend income....is margin interest tax deductible....?
Not sure about QDTE. Unless you just want to be paid weekly. You could possibly make more with a monthly ETF like MSTY especially if they pay out $2-3 in dividend, plus for the price of QDTE, you’ll have almost twice the amount of shares. Also needs to be seen if QDTE will have an NAV erosion.
The point of QDTE is because it's much safer since they leverage index vs single stock. While I'm a big proponent for MSTY (have 10,000 shares), QDTE is an excellent hedge for a lower yield but safer dividend. MSTR is 2x leverage BTC. If BTC takes a nose dive, MSTY might be in danger of reverse split. It's NAV eroded 50% already (from $44 peak). Meanwhile QDTE is sitting at $42 when peak was $46 in the same time frame, so the NAV has been pretty steady. Just something to think about.
If XDTE keeps this up it's going to be very long term for me. I already have XDTE in three different accounts.
Waiting for RDTE to come around
From where you receive capital gain data (any website for searching particular that information)?
Can you please let me know how I can find capital gains/stock price appreciation for Abbott stock?
Thank you
Is xdte, odte, qdte highly taxable because of all the frequent sells and buys?😮
Depends on how much income they earn
They are a ROC
@@DrumStopTV for now.....expect that will change as almost all startups are ROC for a time.
@@DrumStopTV No. Read Roundhill's fine print. And ask your brokerage - mine (Fidelity) is most certainly not categorizing payments as ROC.
At year end Roundhill (their accountants and auditors) will determine what portion of the distribution is a return of capital and what portion is income. The portion attributed to income will be further subject to long term gain or short term gain treatment except that taxes on index options gains are automatically split 60/40 between STG and LTG. And any return of capital will be deducted from your basis thus potentially triggering phantom gains upon sale of the ETF. [For example, you buy $50,000 of the ETF. It distributes $20,000 back to you during the year as a “return of capital”. You then sell the ETF for the same $50,000 you initially paid to buy it. You will owe taxes on $20,000.]
I love these retirement videos.
And RDTE should be fairly volatile once it’s traded.
How do I get access to the discord
discord.gg/TCSk2WGa
@@RetireonDividends thanks
YQQQ: next Jay interview, please ask if YQQQ is a good portfolio hedge?
While all of this is great information, you forget to mention anything about taxes. Nobody will be able to maintain this type of financial trajectory as these funds are non-qualified dividends (distributions) and taxed at nearly 30-40% at the end of the year.
This is a crucial piece of information nobody seems to be talking about.
Bro soon we gonna have to pitch in for a new phone. To keep those videos coming. Just a thought
Key word too friggin boujee 😂
Spreadsheet would be great
It’s in the discord
But in order to keep up with inflation one would have to reinvest at least 25 or preferably 30% of the dividends...
This would also prevent nav erosion
But you not talking about the taxes?
Nope
Any COVERED CALL ( SYNTHETIC OR otherwise) means if the underlying drop heavenly you can loos lot more than the Premium received , Why is no body talking about this black swan event risk? what happens if underlying drop during the day? It can happen
Spreadsheet please
It’s in the discord
I Think I will wait till market retraces because as much as I l like these funds. we will be buying for pennies on the dollar on a pullback. All these funds have had the luxury of being in a bull market with not much of a pullback IMO
How much do you think they could drop in a 30 percent market correction?
I'm waiting until mid October before buying. I'm a bit bearish right now.
@@Labbernese77you always drop less that the underlying stock with a covered call ETF so maybe drops only 27-28%, if the market drops 30%
The economy is in Avery scary place. When the market is up it goes down, when it is down it will up … these are the only two sure things in the market. Market is currently at an all time high … the next most likely direction is down. Not feeling confident at all.
@@roncraft2042nothing scary about the economy! There is never a sure thing in the stock market!
I guess the good news when a stock/ETF dissolves, you get your money back at the price when it’s announced.
Love ❤ QDTE 💯💯💯
Missed the keyword😢
Why capital gains is negative , when spy is up 15% ??? Makes no sense to invest in this or am I missing something
BITO still good
Capital gains is negative brvvv
Can anyone please talk about it
high yield tourists are ruining it all
How? More cash in-flow = more treasuries = more long calls = more short calls = same % yield. Or, maybe I missed something.
Those will implode like 90% of those types of assets.
I think your calculation do not show the real maths for QDTE. I see maybe 40% avg yield for the last 6 months in your spreadsheets, but total return is only 6%, so total return should be about 12% per year, not say 40% as the yield says. Ok, you out in -4% NAV erosion for the combination of XDTE+QDTE, but difficult to imagine a straight 10-20 yrs avg of 30% total return for me
Gonzalez Sarah Clark Mark Martin Donna
Dabbling
No capital gains until ROC is paid back.
Their Form 19a has this disclosure "A final determination of the tax character of distributions paid by the Funds will
not be known until the completion of the Funds’ fiscal year and there can be no
assurance as to the portions of each Fund’s distributions that will constitute return
of capital and/or dividend income. The final determination of the tax character of
distributions paid by the Funds in 2024 will be reported to shareholders in January
2025 on Form 1099-DIV."
429.69c lmfaooo legends
I appreciate your commentary but I think you do your subscribers a disservice by calculating returns (or how much one would have to retire on in ten or twenty years) without taking into account tax obligations. The tax obligations don’t magically disappear and have to be paid/funded each year on 100% of your gains, whether you DRIP or not. Thus your net returns are inflated, either because you are paying taxes from another source and thus adding capital without accounting for it, or paying taxes from this investment account and reducing your compounding effect. Yes, taxes are obviated or at least deferred if you hold these investments SOLELY in a tax advantaged account (IRA, 401k, etc.) but hence you give up the right to spend or withdraw your weekly dividends until retirement age (and then will pay tax at what is likely to be the highest tax bracket.
No taxes in a Roth IRA!
You actually think Roundhill funds like QDTE and XDTE will be around in 15 years? Sorry I highly doubt it and that means the whole spread sheet you just made is totally not worth thinking about. I guess it's the "what if?" scenario. Also that means never withdrawing any divided from these funds and only DRIP for 20 yrs.
Guys this is foolishness to chase yield on NAV destruction.
White Matthew Martin Kimberly Martinez Carol
Young Laura Harris William Martin Laura
If you could could retire on these ETFs you wouldn't be on RUclips trying to make money doing videos. Just saying
I plan to do RUclips videos through Retirement
@@RetireonDividendsI think Buffet technically is ‘retired’ from a job too but he still gives interviews and attends shareholder meetings 😃
There's always a troll in the comment section but good video
@@cryptofomo6201 and there is always a moron look in the mirror
@@cryptofomo6201 I was asking him a simple question that he answered so are you the troll