I sold all my QYLD for THIS High Income Dividend ETF!

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  • Опубликовано: 13 дек 2024

Комментарии • 75

  • @AlexWeberg
    @AlexWeberg 2 года назад +14

    I have both qyld and Jepi. Along with other ETFs and individual stocks. To me I'll keep both and I can always use my qyld dividends to buy more Jepi or anything else which to me is a nice thing about holding qyld.

  • @Warrior99980
    @Warrior99980 2 года назад +10

    I see a lot of the stocks in the QYLD fund making a complete rebound. So, I'm going to hang in there.

  • @hao6097
    @hao6097 2 года назад +5

    I have 4000 share of QYLD its part of my 10 dividend portfolio which is combined returned 3500 to 4000 a month all these funds long term for me with retirement 4 years away my wife pension and able to hold off SSI till 65 we are in a great spot.

    • @Dividendology
      @Dividendology  2 года назад

      Great job!!

    • @dnah02
      @dnah02 2 года назад

      How many years have you been buying the ETF?

    • @hao6097
      @hao6097 2 года назад +1

      @@dnah02 3.5 years most of it in her tax deferred 457 retirement plan.

  • @GaHullbillyRanch
    @GaHullbillyRanch 2 года назад +3

    Can you use jepi or qyld as a way to store& grow your emergency fund? I'd like to put a 1/5 of the emergency fund in these etfs to grow it

    • @Dividendology
      @Dividendology  2 года назад +6

      I’ve heard of some people doing that, but typically the purpose of emergency funds is to have easy access to cash that doesn’t have the risk of being lost in the market.

  • @anthonyhayes9585
    @anthonyhayes9585 2 года назад +6

    I used qyld as a high- interest savings account, and it pays very close to 1% per month or 11%-12% annually. Definitely not 15%

    • @Dividendology
      @Dividendology  2 года назад +1

      It typically sits closer to 12%. At the time of the video, it was about 15%.

    • @dnah02
      @dnah02 2 года назад

      How many shares do you have of qyld?

  • @kuladoma3
    @kuladoma3 2 года назад +6

    Did you sell QYLD at a loss?
    I just kept it still paying me $1400 a month I also have RYLD PDI PCM CRF all giving me $3000 to $3600 a month just keeping them for the long run .
    At Jan 1 of a new year, I invest another $27000 from our main job though my wife 457 plan I will add to those funds.

    • @mrme9517
      @mrme9517 2 года назад +1

      I love RYLD

    • @michaelgordon3241
      @michaelgordon3241 2 года назад +1

      I would be cautious with crf/clm make sure you are out by Feb or March.. Almost every year they have a rights offering and they tank 20-40%..Buy back after rights offering..another good one is opp.. when its rights offering ends on Sept 30 I will be buying and riding it back up to the $11 range

    • @kuladoma3
      @kuladoma3 2 года назад

      @@michaelgordon3241 been doing this for a while now nothing but profit.

    • @michaelgordon3241
      @michaelgordon3241 2 года назад

      @@kuladoma3 well if you bought clm and crf at their all time lows I cant see why you would want to give back profits during the rights offering...Id rather sell 2/3 of my position and participate in the RO or bypass it altogether

  • @MikeD1101a
    @MikeD1101a 2 года назад +4

    I'm a bit more interested in SVOL than I am in QYLD at the moment. JEPI is a core holding in this category though.

    • @shaneomack5018
      @shaneomack5018 Год назад

      I’ve been in svol for a year now. It’s night Nd day better than QYLD

  • @jackwilson8051
    @jackwilson8051 2 года назад +2

    I use both

  • @michaelgordon3241
    @michaelgordon3241 2 года назад +3

    Qyld will do well until the market turns around...i have 50% qyld right now the rest in RA,CLM,GOF,OPP,PTY for about 1500/month in income thinking about adding another 5k to pty or a different cheap fund

    • @JOHNHSMITH2
      @JOHNHSMITH2 2 года назад +2

      Svol

    • @michaelgordon3241
      @michaelgordon3241 2 года назад +1

      @@JOHNHSMITH2 i unloaded most of my qyld position for a profit because I thought the bottom was in or I suspect that we are getting really close to it.. may buy back more qyld at these cheap prices if we have another down week..even qyld was hit hard this week..if I cant win then I try to lose as little as possible.. We were due for a down week we had a couple of good weeks there I am glad I gradually sold off much of my clm position as that was my best performer..I think the secret to this bear market is to thinly spread any profits from one big position among 10-15+ funds so that damage is limited..1k to 3k per position can only cause so much damage compared to having 40k-50k in one position and the rest in only 2-4 others...so I am diversifying if necessary this may be a good time to allocate 1-5% of your capital to each position you hold, even if it means holding 30-40 different funds. Unlike many income investors I care about share price appreciation and depreciation. I only buy and hold long term when we are in a bull trend. Eventually its time to sell. Growth is important because without growth you obviously cant invest in more funds unless you add more capital.

    • @JOHNHSMITH2
      @JOHNHSMITH2 2 года назад +1

      @@michaelgordon3241 great points. Thank you for the ideas

    • @JOHNHSMITH2
      @JOHNHSMITH2 2 года назад

      @@michaelgordon3241 what are some more funds you reccomend?

    • @michaelgordon3241
      @michaelgordon3241 2 года назад

      @@JOHNHSMITH2 i like xyld but you qyld is cheaper and you get more shares for your money which means more distributions. September 30 upon completion of rights offering I will be adding opp and riv. I like RA, I was weong about qyld but glad I sold before it tanked and bought back. I also like smhb,usoi, slvo, gldi. PTY is good but I wish it a higher distribution..either way its a good fund to hold for capital gains. I also like reits like orc and arr and

  • @slickwilly4613
    @slickwilly4613 2 года назад

    Could you make a video showing partial drip. I would like to know what would happen if I reinvested half of the payout to help cover the decline in the stock price

    • @Dividendology
      @Dividendology  2 года назад

      Great suggestion! That would be interesting!

  • @jrtrading3306
    @jrtrading3306 2 года назад +1

    I'm super curious about how you imported the data? Was it through an API or Google Finance?

    • @Dividendology
      @Dividendology  2 года назад

      I actually didn’t import that data, I downloaded it from yahoo finance.

  • @benstevens1372
    @benstevens1372 2 года назад +1

    smart decision!!!

  • @crewpeterson7766
    @crewpeterson7766 2 года назад +1

    Really appreciate the discretion on selling QYLD. I think you're making the right call on your time horizon.

    • @Dividendology
      @Dividendology  2 года назад +1

      Thanks Crew. Hopefully it sheds some light on the subject for other people as well.

  • @SilverBackELTorro
    @SilverBackELTorro Год назад

    So you get less if you reinvest the dividends over time.

  • @neophytestacker9471
    @neophytestacker9471 2 года назад

    I see a trend happening. lol. Why did you buy in the first place?

    • @Dividendology
      @Dividendology  2 года назад +1

      I unfortunately bought into the hype early in my investing career and bought a small amount.

  • @dieselthegrey
    @dieselthegrey 2 года назад +2

    Use jepi AND qyld

    • @Dividendology
      @Dividendology  2 года назад +1

      I think there are situations where that would make sense.

  • @huethan3495
    @huethan3495 2 года назад

    How much Capital you loss on QYLD?

    • @Dividendology
      @Dividendology  2 года назад

      Check out my portfolio update videos to find out!

  • @thumperjr100
    @thumperjr100 2 года назад

    Great video

  • @huethan3495
    @huethan3495 2 года назад +1

    How much you loss on QYLD?

    • @neophytestacker9471
      @neophytestacker9471 2 года назад

      LMAO Im down Three Fitty fml

    • @Warrior99980
      @Warrior99980 2 года назад

      I'm down like 3k, in the regular market I'm down about 18k. I have a very good financial advisor/analyst who just told me yesterady to sit tight and not to sell anything.

    • @michaelgordon3241
      @michaelgordon3241 2 года назад +1

      @@Warrior99980 financial advisors never like to admit when theyre wrong... I was down 18k in June but through trading high yield funds I recuperared just under 1/3rd as of the market close on Aug 19th. A week ago, I had recuperated 50% but unfortunately the market last week took back 4k. 2 steps forward, 1 step backward. I have a feeling we are in for another rocky week I hope I am wrong. I am spreading my capital thinly among 15 different funds-cefs/etfs/etns in an effort to limit any more losses.

    • @user-ep7el6vt7o
      @user-ep7el6vt7o 2 года назад

      @@michaelgordon3241 when your on deep red buy more .Is going to be bear whole year and next year

    • @michaelgordon3241
      @michaelgordon3241 2 года назад

      @@user-ep7el6vt7o I ended up selling for a small profit at 17.77. Profit was evaporated as has much of my portfolio lol. Switching to bdcs and reits that have been obliterated and away from funds. Only keeping a few cefs and etfs...cant wait to get rid of opp and edf(virtus stone haebor emerging markets). Thinking about splitting opp position into arr, psec, cim,two but keeping clm crf oxlc,usoi to get similar dividend pay out with less capital. If I was going to buy any etf again it would be spy. September and October I saw qyld was oblitetated. Glad I got out. Trimmed clm and crf position by 67%Down 28% overall..was only down 12-15% until September....well 33% in one account, only down 15% in another and have a smaller account in profits. Of course the smaller acct is in profits and the biggest account down the most. Its crypto so when bull market comes back will help offset losses from stocks

  • @doubledad1978
    @doubledad1978 2 года назад +1

    SVOL 👍

  • @gillian32
    @gillian32 Год назад

    $JEPI is best. 📈

  • @shaneomack5018
    @shaneomack5018 Год назад

    I’ve ditched QYLD a year ago. We all have a opinion but Ryld, jepi, svol, xyld are such better pics than QYLD

  • @frankncaesariii787
    @frankncaesariii787 2 года назад +1

    It's all about cash flow.. You can use qyld to buy jepi

  • @bradschmittling8118
    @bradschmittling8118 2 года назад

    My only problem is it's only 11 months
    Not 12

  • @davidpapagib3638
    @davidpapagib3638 2 года назад +3

    I own JEPI, but something seems too good to be true. If JP Morgan can make a fund that yields 7-9 percent with minor price appreciation, why is JPMorgan not using this method themselves to make a fortune. Only a .35 percent expense ratio on the $10b NAV is much smaller than the number of dividends they pay, so why don't they just run the strategy they are running but keep all the money themselves?

    • @danielb3863
      @danielb3863 2 года назад

      Its not too good to be true, 80% of the yield comes from option selling. Not to mention higher interest rates, means higher options premiums meaning we are going to be seeing massive payouts in the coming years each month. Lastly, JEPI is taxed as an investment company so the dividends are taxed no differently than SPY, DGRO, DIA etc.

    • @CapAnson12345
      @CapAnson12345 2 года назад +1

      Liquidity.. if they took all the assets of JP Morgan and tried to do it they'd move the market like a tidal wave. Also would probably be illegal for banks to do with their own funds.

    • @battlecraze
      @battlecraze 2 года назад +1

      @@danielb3863 JEPI distributions are taxed as ordinary income or capital gains, except when your investment is in an IRA, 401(k) plan or other tax-advantaged investment plan, in which case you may be subject to federal income tax upon withdrawal from the tax-advantaged investment plan.

    • @roseymalino9855
      @roseymalino9855 2 года назад

      I think you have a flawed understanding of the fund. The yield is not gain. It's not making 7 - 9% profit. The dividend payout is part ROC and part interest.

    • @Dustinisnotavailable
      @Dustinisnotavailable 2 года назад

      To be fair the fees they make are pure "risk free" income from operations. It's not like owning a share that can go up or down in price. However, I too am questioning one of their funds, JEPQ. They show their annualized dividends would end up coming out to well over 10% if they stay at around the same monthly div. How are they doing this with a fund that they claim sells covered calls with strike prices ABOVE the money and they only do this with about 20% of their holdings at a time? QYLD sells covered calls AT the money (higher premiums than above the money) and they do this with 80% of their stock holdings, yet it has a pretty similar div yield. Just don't know how you can seemingly get the best of both worlds (growth and generating very high yield) with JEPQ.
      Anyone know what I'm missing here?

  • @moedsperling-milner4804
    @moedsperling-milner4804 2 года назад +1

    Can you explain why you believe dividend funds are the best path to making money, it seems to me that there is no actual difference in whether a stock pays out a dividend or not if it is growing well.

    • @Dividendology
      @Dividendology  2 года назад +1

      There’s many reasons. I’ll probably need to make a video on it to cover all the reasons.

  • @delbomb3131
    @delbomb3131 2 года назад +1

    I could see wanting to change strategies, but selling near all time lows while the low is in line with the broader market seems preemptive

    • @Dividendology
      @Dividendology  2 года назад +1

      The decision has much more to do with the structure of QYLD, rather than current market conditions.

    • @delbomb3131
      @delbomb3131 2 года назад

      @@Dividendology and I both understand and respect that, just seems like the absolute worst time 🤷‍♀️

    • @wyatt1153
      @wyatt1153 Год назад

      @@Dividendology The only people who get hurt on a roller coaster are the ones that jump off in the ride.

  • @casrogue
    @casrogue Год назад

    I think RYLD is better than qyld ..

  • @duane7345
    @duane7345 2 года назад

    🤘 𝔭𝔯𝔬𝔪𝔬𝔰𝔪

  • @GoodwalkSpoiled
    @GoodwalkSpoiled 2 года назад +2

    Data is great, but the presentation is horrible. The boy talks way too fast. Needs to decaffeinate or take a chill pill.

  • @wellsking9426
    @wellsking9426 2 года назад +1

    XYLD > QYLD. XYLD < JEPI.