I prefer weekly distributions, there's nothing wrong with getting money faster and having it available to pay your bills when they're due instead of having to wait for that paycheck and maybe having to pay late. Credit scores matter! :)
I was thinking about selling my YMAX, but I'll be holding it now that the distributions will be paid out weekly instead of monthly. Weekly distributions will still allow for faster compounding, which is my main investing goal.
“Hey, this is awesome! Really cool that they’re moving to weekly dividend payments. It’d be great if NVDY and MSTY did the same. Those are solid teams with serious people. I’m thinking about investing in one of those that made the switch to weekly payouts. Thanks for the video, man. Always look forward to your stuff. You rock. Thanks a bunch!”
I like it, especially if the NAV holds up. Not that this will change the NAV, we will see. This gives you something different instead of the same old monthly distributions.
If they change the payment dates based on what group they're in, that would help out the fund. Then there wouldn't be a need to hold any payments. If they do that then people could buy their favorite fund in each individual group as well and get additional payments on a weekly basis and double dip/wheel. Just my two cents.
They pressured Jay into it on the Coach's channel! 🤣 I kind of like it, the weekly distributions are less devastating to the nav and I also love being able to compound weekly!
Are you sure about new YMAX weekly strategy? To me, it doesn't make sense to hold the monthly distribution and spread it each week. It would preferable to generate premium against each funds in the holding, they return it weekly. I will look at the prospectus
I am gaining 370 dividend payments (year) increase from these YM changes. Easier to live off, because of weekly income. Unfortunately all weekly’s pay on Friday. So purchasing will be Friday for Fidelity and Monday for Robinhood. All dividends will be smaller going forward, because every YM fund will pay more frequently. I am a fan!😊 (I think?)😮
In theory getting paid weekly (assuming those divies increase the next weeks payment) compounds faster (best case scenario), worst case it remains the same. Not sure why it matters in the worst case when you have nothing to lose and everything to gain...
hey, i mean they got feedback a couple weeks ago and they acted on it, credit for that i guess. They were already holding the distributions for these for two weeks, so probably easier to start with these two.
Now that the YM single stock ETFs are staggered payouts, I think you will be getting those payouts weekly. I think you need to redo this video. They aren't "holding" anything for a month.
This sucks cause now I don't have 3rd week dividends in my monthly portfolio! Does anyone know of any other High yielding ETFs that pay the 18th through the 22nd of each month.
Well my opinion. It’s not a bad move. But only if they can pay between $0.15 to $0.25 weekly distribution. A smaller amount could be a disaster for the fund.
This is a dumb move From YeildMax. They should have made a new fund. It makes no sense to split up your money and give it to you over the month. Just give it all to me at once. Geez!
These will be cheaper but they are losing the overnight benefit I think that a fund like IWMY or QQQY will give them from the overnight volatility. I guess trial and error or success! When they pay weekly theoretically you get an extra payment 4 times a year when there are five Fridays or five Wednesdays. But YMAG and YMAX have already made their money on monthly payers so you don’t get the real benefit but smaller ex dates may make for quicker recovery?
Right on! How about they fix the slow leak in the NAV instead of paying weekly? I’m more than likely going to dump them both anyway, after the next distribution.
QQQY, JEPY, and IWMY also switching to weekly distributions, and will be aiming for less daily income .15% vs before .25% this I’m assuming they will sell further out of money and capture more upside more nav stability but slightly less income, also they will have option to sell their puts daily and close them out same day not have to close next day.
Those defiance funds could become a great complement to the RoundHill trio because they allow for investors to do a short strangle on the indexes when paired with their RoundHill counterparts. Maybe that’s why RoundHill withdrew their filings for short strangle etfs on the indexes a few months ago since they basically could see that Defiance funds already were focusing on the put aspect of a short strangle.
I prefer weekly distributions, there's nothing wrong with getting money faster and having it available to pay your bills when they're due instead of having to wait for that paycheck and maybe having to pay late. Credit scores matter! :)
I was thinking about selling my YMAX, but I'll be holding it now that the distributions will be paid out weekly instead of monthly. Weekly distributions will still allow for faster compounding, which is my main investing goal.
Same here! I bought a lot more YMAX and even more YMAG
“Hey, this is awesome! Really cool that they’re moving to weekly dividend payments. It’d be great if NVDY and MSTY did the same. Those are solid teams with serious people. I’m thinking about investing in one of those that made the switch to weekly payouts. Thanks for the video, man. Always look forward to your stuff. You rock. Thanks a bunch!”
Still you can’t beat the QDTE !!!
They do beat Qdte in terms of yield
@@Dougsellshouston I prefer xdte
@@davidanderson7460me too. In the long run, it is more sustainable than QDTE.
@@RippingProfits XDTE beats it for total return so far!
QDTE is a ROCK STAR! Loving Friday paydays!
Thanks for continuing to provide informative content. Is there any information if SPYT and QQQT will also switch to weekly distributions?
I agree with you 100% they should of started a new fund
The Fex and Fang ones are pretty good too and this will help with dollar cost averaging so I am going to keep YMAX for now
They split up the single stock distribution over 4 different weeks to compensate
I like it, especially if the NAV holds up. Not that this will change the NAV, we will see. This gives you something different instead of the same old monthly distributions.
After a month we wouldn’t even notice that anything was delayed.
Oh yea! I have YMAG so IM stoked my dude!
I agree they should have kept as is and made a new one weekly
Your beard and portfolio are on point! For weekly I now have a ton of YMAX, YMAG, QDTE, XDTE, and RDTE... let's go!
If they change the payment dates based on what group they're in, that would help out the fund. Then there wouldn't be a need to hold any payments. If they do that then people could buy their favorite fund in each individual group as well and get additional payments on a weekly basis and double dip/wheel. Just my two cents.
you are correct, my updated video has been posted.
No one is under delusions that the amount will be any different. The weekly distribution is a good pivot.
I change my mind and keep 250 shares of YMAX. I like to get pay every week even if the dividend is divided by 4.
that was their goal!
@@EntrepreneurInvestor I still think that QDTE, RDTE and XDTE are better deal. I also heard that IWMY, QQQY and JEPY weekly too. Is that true buddy?
@@your_humble_investor doing some research on it, will make a video tomorrow
@@EntrepreneurInvestor Thanks 🙏
They pressured Jay into it on the Coach's channel! 🤣
I kind of like it, the weekly distributions are less devastating to the nav and I also love being able to compound weekly!
Are you sure about new YMAX weekly strategy? To me, it doesn't make sense to hold the monthly distribution and spread it each week. It would preferable to generate premium against each funds in the holding, they return it weekly. I will look at the prospectus
Q&A with Jay from Yieldmax - ruclips.net/user/livejoMgGe6FydI?si=uEKo__l31jLYOUTi
I love weekly payout!! Amazing. I’m not gonna sell my yeildmax now-I’ll keep it. I was gonna buy qdte and now I don’t have to.
That was their goal! 4 payments per month, hopefully on wednesday
The Yield Max website lists different ETFs paying weekly.
Yes new video is up
Wihat broker Are u using
I guess this would explain why they're not showing their fund of funds schedule.
It's an advantage if you DCA your weekly payments
I am gaining 370 dividend payments (year) increase from these YM changes. Easier to live off, because of weekly income. Unfortunately all weekly’s pay on Friday. So purchasing will be Friday for Fidelity and Monday for Robinhood. All dividends will be smaller going forward, because every YM fund will pay more frequently. I am a fan!😊 (I think?)😮
I'll stick with XDTE
Definitely 👍🏻
Same
@@bloodCount8895 XDTE is the one!
@bloodCount8895 I like that idea
In theory getting paid weekly (assuming those divies increase the next weeks payment) compounds faster (best case scenario), worst case it remains the same. Not sure why it matters in the worst case when you have nothing to lose and everything to gain...
hey, i mean they got feedback a couple weeks ago and they acted on it, credit for that i guess. They were already holding the distributions for these for two weeks, so probably easier to start with these two.
Now that the YM single stock ETFs are staggered payouts, I think you will be getting those payouts weekly. I think you need to redo this video. They aren't "holding" anything for a month.
How About ULTY ???
I agree, leave YMAX alone, and create a new weekly ETF.
This sucks cause now I don't have 3rd week dividends in my monthly portfolio!
Does anyone know of any other High yielding ETFs that pay the 18th through the 22nd of each month.
NEOS QQQI, IWMI
ULTY ❤❤
@@Yieldthief I sold out of Ulty and waiting to see if there's a reverse split before I re-enter! I need 2 more that pay monthly.
@dr.ksampson sure u do it's paying every week like most wanted a few funds to do
lol you don’t need a 3rd week payer , these will now pay every week
Well my opinion. It’s not a bad move. But only if they can pay between $0.15 to $0.25 weekly distribution.
A smaller amount could be a disaster for the fund.
They should have put the Inverse and ULTY In the 3rd week and YMAX and YMAG in the 4th week.
How exciting!
Have you looked at ULTY holdings recently? Seems you have not….
This is a dumb move From YeildMax. They should have made a new fund. It makes no sense to split up your money and give it to you over the month. Just give it all to me at once. Geez!
Yes!! Should have made a New fund for this strategy. For this reason I am out on YMAX ULTY and YMAG.
Assuming they will now have a weekly ex-dividend date, at least shares will compound faster if you're dripping.. slightly😅
Gotta wait and see..
These will be cheaper but they are losing the overnight benefit I think that a fund like IWMY or QQQY will give them from the overnight volatility. I guess trial and error or success! When they pay weekly theoretically you get an extra payment 4 times a year when there are five Fridays or five Wednesdays. But YMAG and YMAX have already made their money on monthly payers so you don’t get the real benefit but smaller ex dates may make for quicker recovery?
Yieldmax is losing investors because of NAV erosion.
When does this start
not sure, probably this month
@@moresugartradercc2744 I think it said effective immediately
😊😊
Yeah all of a sudden to compete they wanna go weekly.... YieldMax is still a sinking ship.....
Right on! How about they fix the slow leak in the NAV instead of paying weekly? I’m more than likely going to dump them both anyway, after the next distribution.
Bad move. Should of just spread out payment dates on all funds
I hate this, stop trying to be roundhill let them do the weekly we want high yield monthly payments!!!
What a joke!! Jay is not thinking ☠️
So excited for this
Iwmy qqqy jepy also totally changing
I heard their changing but what about them is changing? Tia
@@christoph1352some defiance funds are going weekly also
QQQY, JEPY, and IWMY also switching to weekly distributions, and will be aiming for less daily income .15% vs before .25% this I’m assuming they will sell further out of money and capture more upside more nav stability but slightly less income, also they will have option to sell their puts daily and close them out same day not have to close next day.
@@jasonanderson5442 got dam they messing with my monthly payers for the 1st week too!😲😳🤯🧠
Those defiance funds could become a great complement to the RoundHill trio because they allow for investors to do a short strangle on the indexes when paired with their RoundHill counterparts. Maybe that’s why RoundHill withdrew their filings for short strangle etfs on the indexes a few months ago since they basically could see that Defiance funds already were focusing on the put aspect of a short strangle.