I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A balanced portfolio ideally includes a mix pf both type. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
YMAG is better because it RECOVERS better than YMAX after the dividend drop ! Amzy is the way ! all others are sub par ...except the TSLY sandwich TSLY+CRSH= a Short STRANGLE!!!!!
Yes, the majority of your portfolio is likely long the market and since the market tends to go up together and down together, even if you were holding TSLY and CRSH at the same weight, it's likely not the same weight long vs short in your portfolio. CRSH will pay you higher dividends and appreciate while everything else is going down. When everything else is going up, CRSH also has a buy-call at 265 so it won't go down as much and you can DCA it when the rest of your portfolio is doing well.
@@Martmi29 careful with your analysis. 1. You don’t know the rest of the portfolio, so assumption is a bad idea. 2. You would likely have massive NAV depletion with both due to the large swings of the Tesla stock. Therefore, starting a portfolio with the 2 (which is all we are able to discern), it is a bad idea.
I have a few yieldmax and defiance funds. Most of them have performed poorly in my portfolio. The only one that seems to hold the NAV is YMAX. TSLY already had a reverse split and the defiance funds look like they're on the same trajectory. I'm going to be selling off my defiance funds real soon. I recommend if someone investing in these funds is to start with a small amount and/or dca into them.
I bought 1000 shares of YMAX on June 10th for $20.24 per share. I have received $730 in dividends of which I will have to pay $219 in taxes, leaving me with $511. Meanwhile i have lost $1090 on the NAV for a total loss of $579...if i sold out today. If the YMAX NAV continues to deteriorate all I see ahead is losses. I did DRIP the $730 in dividends so I now have 1037 shares of YMAX. What am I missing? If the NAV stays the same it will take 3 years to actually pay back the $20,000 with the current dividend although i might get additional dividends from the DRIP which would lessen the 3 years. How is this a good investment?
You don’t like it sell it … watch what happens with my big ymax investment if you’re curious . Don’t blame ymax for taxes . Put it in a tax sheltered account if you don’t want to pay taxes
Hi Adriano. Thanks for the vid. Is there some mitigation involved in CRSH in the event TSLA rockets to the moon? Which wouldn't be far fetched. If Not this ETF will blow up in 2 secs!
@@PassiveIncomeInvesting you can make money with the stock going up or down by selling calls and puts, your hoping to never have your put exercised as you would be losing money. CRSH would always be profitable if Tesla shares only went up
I hold some of the YM singles as well a larger position in YMAX. YM has been very profitable for me. The key is tracking the underlying stock if you’re going to hold the singles.
ULTY is tempting to invest in but what are the risks of a reverse stock split as the NAV keeps dropping due to the high payout and the subsequent effect on yields.
Great video Adrian! I think I will be very interested in something like an inversed version of YMAX. Already got a pretty good diversification with covered call ETFs in my portfolio, the only thing missing is that covered put.
Enjoy the content Adrian, but some constructive criticism on your interviewing skills (after watching all your videos) ... Once you ask your question, stop talking and let the guest answer. You can add your editorial later, but the point of the interview is to hear from the fund manager (like Jay, who is very open to any question).
The problem is that Yieldmax doesn't pay any attention to the Nav... With all due respect to the yield who wants to see his money go down the drain? How long until all of their ETFs go to zero?
Well , I think you should know how to work these investments in the first place . And then you will make lots of money ! If you can’t handle the heat get outta the kitchen !
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A balanced portfolio ideally includes a mix pf both type. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
Thank you Jay for providing the tools for finacial freedom 🥳🥳🥳🥳🥳
Ymax is the best,very consistent
YMAG is better because it RECOVERS better than YMAX after the dividend drop ! Amzy is the way ! all others are sub par ...except the TSLY sandwich
TSLY+CRSH= a Short STRANGLE!!!!!
I like both, so take that.
100% in agreement with you....
ULTY looks very tempting. Yields look great so far.
Would you buy both TSLY and CRSH in the same portfolio?
The only way it would make sense to do that is if you could also sell options on them as well. But, without that, it wouldn't make any sense
@@ericaviator257 I have hundreds of NVDY and IWMY i never tried to sell covered calls on them, can I ?
Yes, the majority of your portfolio is likely long the market and since the market tends to go up together and down together, even if you were holding TSLY and CRSH at the same weight, it's likely not the same weight long vs short in your portfolio. CRSH will pay you higher dividends and appreciate while everything else is going down. When everything else is going up, CRSH also has a buy-call at 265 so it won't go down as much and you can DCA it when the rest of your portfolio is doing well.
@@Martmi29 careful with your analysis. 1. You don’t know the rest of the portfolio, so assumption is a bad idea. 2. You would likely have massive NAV depletion with both due to the large swings of the Tesla stock. Therefore, starting a portfolio with the 2 (which is all we are able to discern), it is a bad idea.
lol hard questions to answer. i guess you can as they are both income vehicles primarily
Yeyyy! Was looking forward for this one!
Why 3 parts though?
Thank you
because it seems nobody watches 50+ minutes vids :)
Nice I like Jay , good interview 👍
YMAX has had the best NAV hold up/dividend return. Sold my single stock Yieldmax to buy more YMAX.
I have a few yieldmax and defiance funds. Most of them have performed poorly in my portfolio. The only one that seems to hold the NAV is YMAX. TSLY already had a reverse split and the defiance funds look like they're on the same trajectory. I'm going to be selling off my defiance funds real soon. I recommend if someone investing in these funds is to start with a small amount and/or dca into them.
Do these have dividend reinvestment plans?
The user typically has the option to reinvest dividends if they choose through their brokerage account.
@@etfeasy ok your only have right ....but WHAT are you supposed to do to mitigate Nav erosion ??
I bought 1000 shares of YMAX on June 10th for $20.24 per share. I have received $730 in dividends of which I will have to pay $219 in taxes, leaving me with $511. Meanwhile i have lost $1090 on the NAV for a total loss of $579...if i sold out today. If the YMAX NAV continues to deteriorate all I see ahead is losses. I did DRIP the $730 in dividends so I now have 1037 shares of YMAX. What am I missing? If the NAV stays the same it will take 3 years to actually pay back the $20,000 with the current dividend although i might get additional dividends from the DRIP which would lessen the 3 years. How is this a good investment?
You don’t like it sell it … watch what happens with my big ymax investment if you’re curious . Don’t blame ymax for taxes . Put it in a tax sheltered account if you don’t want to pay taxes
Thank you Adrian
how many can they manage and still have expert management
They can just hire more people if they need them.
Love the Max funds
Hi, is this 5.8% monthy ....so like 70% annually?? Ulty 🔵
lol yes but remember Yield is NOT Performance
Is ULTY also including some ROC in their high distribution rates?
Hi Adriano. Thanks for the vid. Is there some mitigation involved in CRSH in the event TSLA rockets to the moon? Which wouldn't be far fetched. If Not this ETF will blow up in 2 secs!
There is a buy-call at 265 in the holdings of CRSH. If TSLA goes up, that buy-call should appreciate helping to keep the fund from blowing up.
@@Martmi29 Makes sense! Thx
does not sound like it! you want mitigation? buy Tesla lol
@@PassiveIncomeInvesting you can make money with the stock going up or down by selling calls and puts, your hoping to never have your put exercised as you would be losing money. CRSH would always be profitable if Tesla shares only went up
I hold some of the YM singles as well a larger position in YMAX. YM has been very profitable for me. The key is tracking the underlying stock if you’re going to hold the singles.
Hi can you share what's the app or website you use to track your dividend? Thx
ULTY is tempting to invest in but what are the risks of a reverse stock split as the NAV keeps dropping due to the high payout and the subsequent effect on yields.
It sound like the people in the video don't like ULTY 😂 Thats what I got from this video but each their own
Huge ROC on ULTY. Risky ETF
Very good interview ! Jay is the man about options! Looking forward for the 2 next parts !
Is ymax available on the TSE?
No...
no its a U.S. listed fund
YMAX is the best
ULTY is WILD! Might dip a toe and check it out.
YBIT section was very informative lol
Great video Adrian! I think I will be very interested in something like an inversed version of YMAX. Already got a pretty good diversification with covered call ETFs in my portfolio, the only thing missing is that covered put.
Thanks dude
Help: whats the app do you use to track dividends? Thanks everyone
Enjoy the content Adrian, but some constructive criticism on your interviewing skills (after watching all your videos) ... Once you ask your question, stop talking and let the guest answer. You can add your editorial later, but the point of the interview is to hear from the fund manager (like Jay, who is very open to any question).
YMIN (fund of funds on put side) 😂
CONY ... I am up $70 K . where is the NAV erosion that i see everyone moaning about ???
Huge ROC on ULTY. Risky...
ROC has nothing to do with risk. understand ROC and understand that
The problem is that Yieldmax doesn't pay any attention to the Nav... With all due respect to the yield who wants to see his money go down the drain? How long until all of their ETFs go to zero?
haha .. you should do some research ... . zero ; such a newbie comment
Seems like you didn’t watch the video
they are bad company don't trust
ha ha .. you have no idea
Well , I think you should know how to work these investments in the first place . And then you will make lots of money ! If you can’t handle the heat get outta the kitchen !
@@mmmyeahh what's to work? You buy in time so funds are settled before the ex date and you reap dividends... Pretty simple
I am thinking about YMAX🫡🤑