Yeah, and in some ways this could turn out to be a turning point for them and really launch their returns, especially with the new spreads for the upside
I like this way Yieldmax is doing it much better than an actual weekly payment from the same ETF like QDTE. This way I get the benefit of a monthly dividend amount and then still cash flow on a weekly payment into the next weeks ETF on the ex dividend date and then rinse and repeat.
I def agree the only thing is that you have to have at least one single ETF in each category which for someone could be an issue if you might not like in one of the groups, but if you are okay with the funds then this is def a great weekly return with monthly scale income.
I had 5 different stocks that never got paid out so far this October, NVDY FIAT MSTY CONY and TSLY, so, I would like to know when are they gonna get to paying again, or are those 5 that I mentioned going to pay weekly then I just gotta be more patient?! 😜
Well the weekly payments will probably not do much besides decreasing share dilution with YMAX and YMAG due to multiple payments. But their new bullish strategy that they are implementing on all their funds which is using spreads or in other words buying call above their covered call, which allows them to gain some of the upside once it goes past their covered call.
Not a fan of any YieldMax funds because of NAV decay. Owning TSLY into oblivion until it dies but never buying any other YieldMax funds again until they truly redeem themselves with something that has little to no NAV decay. I have big position in QDTE now -- will see how RDTE compares to QDTE over time.
I will agree that QDTE and the Roundhill trading and overall performance is way better, but YieldMax ETFs with certain ETFs and their underlying do offer some good returns.
I don't really care much for weekly dividends, just as long as it all ads up to an overall monthly, high dividend yield. (For these covered call ETFs) Nevertheless, thanks for reporting this!
People kept asking Jay on the interviews that we won’t weekly . They finally gave what the people wanted
Yeah, and in some ways this could turn out to be a turning point for them and really launch their returns, especially with the new spreads for the upside
@@denniskunert how can i find that interview with Jay? Thanks
Interesting! I’m a older guy and don’t think so swiftly on some of these investment strategies. So thanks for this idea. Sounds like it will work.
Heyyy, wow this is soooo brilliant! 😝
QDTE & XDTE works for me
Invest week one into 2, two into 3 and so on.. that way you dont have to wait a month for that money to do something.
I like this way Yieldmax is doing it much better than an actual weekly payment from the same ETF like QDTE. This way I get the benefit of a monthly dividend amount and then still cash flow on a weekly payment into the next weeks ETF on the ex dividend date and then rinse and repeat.
I def agree the only thing is that you have to have at least one single ETF in each category which for someone could be an issue if you might not like in one of the groups, but if you are okay with the funds then this is def a great weekly return with monthly scale income.
I had 5 different stocks that never got paid out so far this October, NVDY FIAT MSTY CONY and TSLY, so, I would like to know when are they gonna get to paying again, or are those 5 that I mentioned going to pay weekly then I just gotta be more patient?! 😜
They switched the schedule so you have to change their new schedules for when you will be receiving your payout
I hope this makes an impact on nav reduction...all I need is someone to explain to me how.
Well the weekly payments will probably not do much besides decreasing share dilution with YMAX and YMAG due to multiple payments. But their new bullish strategy that they are implementing on all their funds which is using spreads or in other words buying call above their covered call, which allows them to gain some of the upside once it goes past their covered call.
@denniskunert yeah that will help keep them from getting capped-if I understand it correctly. It's a smart/interesting move on their part.
Not a fan of any YieldMax funds because of NAV decay. Owning TSLY into oblivion until it dies but never buying any other YieldMax funds again until they truly redeem themselves with something that has little to no NAV decay. I have big position in QDTE now -- will see how RDTE compares to QDTE over time.
I will agree that QDTE and the Roundhill trading and overall performance is way better, but YieldMax ETFs with certain ETFs and their underlying do offer some good returns.
Done OK with MSTY and NVDY but some of the others are really bad.
Smart.
I don't really care much for weekly dividends, just as long as it all ads up to an overall monthly, high dividend yield. (For these covered call ETFs)
Nevertheless, thanks for reporting this!
Taxable ???
Yes it is taxable
Would it be wise to invest into all Yield max ETF's equally?
Ahhh, I wouldn’t recommend it, I would do research on their underlying and figure out which one you’re okay of having long term.
Ugh Elon is not a nice person.