Nobody give you easy money unless there is a catch. Ym funds will loose your money in the long run. The only covered call that has a track record is jepi. Take less in dividend but have steady growth
Well no one said it is easy money, you have to put money in and you have to research the underlying you’re investing in. If you want a safer play you go for safer underlying, if you want diverse funds you go for YMAX. But for the highest payout and a persons belief in the underlying you invest into single underlying funds like TSLY or CONY. As well as when investing in these funds as mentioned in the video, they’re meant for specific goals, if you want growth most of these funds aren’t for that, but if you want reliable income, they are at the moment looking good for that.
No point in selling TSLY is not reality. Every time they do a revers split you're losing 50% of your shares. I fully understand the share price doubles but that just sets it up for further erosion. TSLY has been a disaster. Best to be out of it until it reverses course and that may be when they start cutting interest rates or it may be in another year when they finish developing their income stream.
Well the most you can loose is your initial investment you can’t go to negative. Assuming you don’t reinvest and take cash, dividends keep getting paid out and Tesla is alive, you will continue to make dividends. Meaning with the 50-60% yearly we have now, that’ll be two years till break even.
If what keeps going down? The nav? Here look I put 1000 dollars into TSLY, it pays me 50% a year, 2 years that’s 100% plus/minus. That’s my return of 1000 dollars. Assuming in that time my original goes from 100 shares to 50 to 25 due to reverse splits and my dividends go from .40 to .80 to 1.20. All stays the same, yes you will loose you’re initial investment but it will never fall below 99.99% loss you will not owe them money for holding it. There fore if the volatility of Tesla holds, their premiums hold and our dividend is at 50%, no matter what after two years you are break even, and you can sell for a tax write off as well.
In order to understand how income funds work it’s best explained by comparing them to rental property. You buy the property not for its value, present or future … you buy it for the rent it will generate. If the value of the property goes down (equate this to “nav”), do you sell the property or do you just continue to collect the rent? In time, your complete original investment will be returned to you by the distributions. From that point forward, all distributions will be PROFIT.
I own all yieldmax etfs and let me tell you they have changed my life.
I'm in.
there is no capital gain tax when one sells shares from IRA or 401K.
thanks you
👏
Nobody give you easy money unless there is a catch. Ym funds will loose your money in the long run. The only covered call that has a track record is jepi. Take less in dividend but have steady growth
Well no one said it is easy money, you have to put money in and you have to research the underlying you’re investing in. If you want a safer play you go for safer underlying, if you want diverse funds you go for YMAX. But for the highest payout and a persons belief in the underlying you invest into single underlying funds like TSLY or CONY. As well as when investing in these funds as mentioned in the video, they’re meant for specific goals, if you want growth most of these funds aren’t for that, but if you want reliable income, they are at the moment looking good for that.
Obviously you have no idea how these work
No point in selling TSLY is not reality. Every time they do a revers split you're losing 50% of your shares. I fully understand the share price doubles but that just sets it up for further erosion. TSLY has been a disaster. Best to be out of it until it reverses course and that may be when they start cutting interest rates or it may be in another year when they finish developing their income stream.
Well the most you can loose is your initial investment you can’t go to negative. Assuming you don’t reinvest and take cash, dividends keep getting paid out and Tesla is alive, you will continue to make dividends. Meaning with the 50-60% yearly we have now, that’ll be two years till break even.
Not if it keeps going down!@@denniskunert
If what keeps going down? The nav? Here look I put 1000 dollars into TSLY, it pays me 50% a year, 2 years that’s 100% plus/minus. That’s my return of 1000 dollars. Assuming in that time my original goes from 100 shares to 50 to 25 due to reverse splits and my dividends go from .40 to .80 to 1.20. All stays the same, yes you will loose you’re initial investment but it will never fall below 99.99% loss you will not owe them money for holding it. There fore if the volatility of Tesla holds, their premiums hold and our dividend is at 50%, no matter what after two years you are break even, and you can sell for a tax write off as well.
In order to understand how income funds work it’s best explained by comparing them to rental property. You buy the property not for its value, present or future … you buy it for the rent it will generate. If the value of the property goes down (equate this to “nav”), do you sell the property or do you just continue to collect the rent? In time, your complete original investment will be returned to you by the distributions. From that point forward, all distributions will be PROFIT.
@@roncraft2042 you understand 👏👏👏👏
How old is this guy? Looks like he is still in high school.
Man I look that young? That’s a compliment