Got both, YMAX is pretty much a steady eddie it looks like and ULTY has pretty bad NAV erosion but what does it matter if your getting higher divs then NAV erosion. I just have 30,000 in ULTY and i got 2692 div last month. FEPI i am still building but it also looks like a steady eddie and has capitol appreciation.
Yes, NAV erosion can occur in certain types of ETFs, including TSLY. It's important to understand the underlying factors that can impact NAV. However, some YieldMax ETFs like #cony, #msty, #nvdy have been paying decent distribution with prices growth/appreciation.
My choice was MSTY but I switched to ULTY because it has more stocks underlying the options trading. I rejected YMAX based on yield. MSTY 169 Yield ; YMAX 39 ; ULTY 119 You know ULTY is nearly a 8% monthly dividend. In 12 months your total dividend is almost equal to your initial investment, so you can afford a market loss due to steep decline in NAV. (NAV decline is capped at 100% but that is unlikely if you have 30 stocks in the underlying.)
ULTY sounds like a solid choice! Thanks for sharing your experience with different options. YMAX is a good ETF but a low yield is what ppl don't like about it.
MSTR is the main course, but MSTY is the delicious dessert you can't miss! And I made a video about it recently as well: ruclips.net/video/t5nj6Dfzvf0/видео.html
I look at the underlying fund and from my experience YieldMax funds follow lock step with underlying almost to a tee with maybe some very slight variation one way or the other, and then enjoy that nice juicy dividend payment as a bonus. Almost everything is in the downward trend right now just keep dollar cost averaging and wait out the storm and profit big time on the other side.
Thank you for sharing your insights! Your advice on dollar cost averaging and weathering the storm is truly valuable. Here's to profiting big time on the other side!
The stock market can be a rollercoaster, but with a strategic approach like long-term holding and DCA, you might just turn those losses into gains! Or if the volatility is not your thing, you can opt for less dividend paying ETFs like the Vanguard High Dividend Yield Index Fund ETF Shares (VYM)
If you want to buy one of these ETF's then the best advise is . . . wait a year or two, for the price to stabilize and for the dividend yield to establish a stable track record. This push to buy brand new stocks that are promising high dividend yields is immoral and likely funded entirely by the stock holding company. They are not your friend and they do not have your best interest in mind. One quarterly or monthly dividend payment from a brand new stock DOES NOT establish an annual yield, and tells us exactly NOTHING. The best advise anyone can give you about investing is in one word (the same word a long time banker and investor used with me last week): PATIENCE. This from a dividend only investor, who is surely hoping these new ETF"s pan out over the next year or so. Let's wait and seee.
Absolutely agree with you on the importance of patience with investing in ETFs or anything else. It's crucial to let the market stabilize and see a track record, however, these are not regular dividend-paying stocks. They are covered call ETFs, which get their earnings from call option premiums.
@@thinkpassiv All the more reason to be patient, but my point is the type of stock matters little and the need to establish a track record still applies. Commonly, following an IPO, a stock price will fall to a more stable point, so buying early usually will have dyer consequences.
It's great when you can appreciate different things for different reasons! Both #ymax & #ulty are good. Keep it up and thanks for sharing your thoughts.
Got both, YMAX is pretty much a steady eddie it looks like and ULTY has pretty bad NAV erosion but what does it matter if your getting higher divs then NAV erosion. I just have 30,000 in ULTY and i got 2692 div last month. FEPI i am still building but it also looks like a steady eddie and has capitol appreciation.
Nice work on those dividends! Keep up the good investment moves!
Is NAV erosion possible with all these types of ETF'S? TSLY for example
Yes, NAV erosion can occur in certain types of ETFs, including TSLY. It's important to understand the underlying factors that can impact NAV. However, some YieldMax ETFs like #cony, #msty, #nvdy have been paying decent distribution with prices growth/appreciation.
My choice was MSTY but I switched to ULTY because it has more stocks underlying the options trading. I rejected YMAX based on yield.
MSTY 169 Yield ; YMAX 39 ; ULTY 119 You know ULTY is nearly a 8% monthly dividend. In 12 months your total dividend is almost equal to your initial investment, so you can afford a market loss due to steep decline in NAV. (NAV decline is capped at 100% but that is unlikely if you have 30 stocks in the underlying.)
MSTR is a great company so MSTY should be good too.
ULTY sounds like a solid choice! Thanks for sharing your experience with different options. YMAX is a good ETF but a low yield is what ppl don't like about it.
MSTR is the main course, but MSTY is the delicious dessert you can't miss! And I made a video about it recently as well: ruclips.net/video/t5nj6Dfzvf0/видео.html
Agreed
@@ThomasClementsRVA great! 👍
What are your thoughts on the NAV erosion especially with the market right now? The dividends isn’t paying enough for the dip in price
I look at the underlying fund and from my experience YieldMax funds follow lock step with underlying almost to a tee with maybe some very slight variation one way or the other, and then enjoy that nice juicy dividend payment as a bonus. Almost everything is in the downward trend right now just keep dollar cost averaging and wait out the storm and profit big time on the other side.
@@michaelb.8953are you saying even the worst yield max TSLY if held for a long period and keep DCA you will profit?
It's definitely a tough time in the market right now. NAV erosion can be concerning, but staying patient and informed is key.
Thank you for sharing your insights! Your advice on dollar cost averaging and weathering the storm is truly valuable. Here's to profiting big time on the other side!
The stock market can be a rollercoaster, but with a strategic approach like long-term holding and DCA, you might just turn those losses into gains! Or if the volatility is not your thing, you can opt for less dividend paying ETFs like the Vanguard High Dividend Yield Index Fund ETF Shares (VYM)
If you want to buy one of these ETF's then the best advise is . . . wait a year or two, for the price to stabilize and for the dividend yield to establish a stable track record. This push to buy brand new stocks that are promising high dividend yields is immoral and likely funded entirely by the stock holding company. They are not your friend and they do not have your best interest in mind. One quarterly or monthly dividend payment from a brand new stock DOES NOT establish an annual yield, and tells us exactly NOTHING. The best advise anyone can give you about investing is in one word (the same word a long time banker and investor used with me last week): PATIENCE. This from a dividend only investor, who is surely hoping these new ETF"s pan out over the next year or so. Let's wait and seee.
Absolutely agree with you on the importance of patience with investing in ETFs or anything else. It's crucial to let the market stabilize and see a track record, however, these are not regular dividend-paying stocks. They are covered call ETFs, which get their earnings from call option premiums.
@@thinkpassiv All the more reason to be patient, but my point is the type of stock matters little and the need to establish a track record still applies. Commonly, following an IPO, a stock price will fall to a more stable point, so buying early usually will have dyer consequences.
I hear you!
YMAX
Nav erosion more inline with an index. More sustainable payouts.
Appreciate you sharing your thoughts on Nav erosion and sustainable payouts.
Bought 120 shares of YMax after yesterday dip,
Nice one! Fingers crossed for your #ymax shares to bounce back up quickly!
I always buy at the DIP 👍
Nice presentation 💯
Glad you liked it and thanks for your feedback
Thanks for your information.
I'm glad you found the information helpful! Do you own any?
But still ymax constant
Yes, YMAX still a great choice if you can ignore the luring yield of ULTY. Do you have YMAX then?
ULTY is a gimmick , it’s like give me y’all’s money so I can do whatever I want ( it’s says this in the prospectus ) lol
ULTY's prospectus: "Give me your money and let's see where this rollercoaster takes us!" 🎢
Those are way out of my risk tolerance
Risk tolerance is like pizza toppings - everyone has their own unique preference. I'm glad you got that.
Both are throwing money at me so, buy both.
That’s the better way to go about it! Great allocation!
I own both 💰
Thanks for sharing! It's great to have both options at your disposal. Which one do you like more?
@@thinkpassiv I like them both for very separate reasons. To be honest equal, I would say.
It's great when you can appreciate different things for different reasons! Both #ymax & #ulty are good. Keep it up and thanks for sharing your thoughts.
I would do YMAX and YMAG instead of the YMAX and ULTY
I have done that too. This is the video: ruclips.net/video/7yUQNbH55T8/видео.htmlsi=tPqs6IfmcCYE1-Mt