Brad, enjoy your videos when they mostly match your thumbnail content. This one was brutal though and should have been only 5 mins long. Ignore the stupid people in your comments and shrug it off. You cannot accomplish anything by engaging with their stupidity.Your time is worth waaaaay more than wasting it on them, which additionally wastes your viewers time. Maybe put the real content in the beginning and save rants for the end. Have seen other tubers do that. Cheers.
@@mylifeonthebeach such a great point thank you. I thought of dividing it into two videos this morning. Next time I will so people get what they want to know and they can move on.
Thats why I'm subscribed to ya brother...Trustworthy ...and you are always looking for a better product! Thank you, Brad can't wait to see your report, on the new Funds.
I appreciate that. Might not be better to me or you but might be better for some. Just today. My new one I am looking at is up 1.75 compared to 1.22% of QDTE and they own the underlying not a synthetic. Might not pay as much but its still above water line and they have no real slippage or NAV erosion. For those that might want a higher yield without the risk.
this hamburger came with cheese tonight!! Good video. It was great to hear the info on RDTE. I didn"t even wanna go in on one share. I can wait. Thanks for longer format as well
@@Income_Architectthanks yes! I want to watch your video on NVDY please! Yes I only hold like 20 shares of RDTE haha.. QDTE and XDTE around 500 and 700 nvdy I hold about 400?
Hello, Brad. I do appreciate your continuing to produce the videos. Thank you for that. I was wondering if you might consider doing a video on learning how one can know what percent of their investments they need to make/withdrawal to live off of.
Great suggestion! I kinda have touched on that during my What is in your wallet? video, but I did not go into great detail and I hope to build out some model portfolios for everyone at different risk levels. But it is now in my book of ideas.
Some more breaking news defiance just filed to make QQQY, JEPY, and IWMY weekly paying as well as being able to sell the puts and close them same day and they are aiming for a reduced daily income of 0.15% vs .25% so there should be more nav stability?
Well said. Both you and Oracle have shared a lot of great wisdom and the way you explain things make it really easy to understand. My entire investment strategy has improved for the better because of it. Looking forward to all your future videos
Brad I love your videos and content, and as much as I love it a little low background music would be awesome 😂 keep up the great work we appreciate your efforts!!
TDVI is on my list to review. Some might not think it a high payer put looking at the upside that may fit into a lot of peoples buckets. I am looking at replacement for SPYT and QQQT. I just want more data. I need to cover GPIX and GPIQ. Not high payers but I like them over JEPI an JEPQ. More upside.
Great stuff. I'm grateful to follow both channels. It's important to know the game for these income investments. I'm down the hole for MSTY, however I keep a spread sheets of dollar in / dollar out to get a better view for performance. Yes I know I'm getting my money back with the distributions, however knowing this will help you find the net profit of your business. I will reevaluate once i hit my magic number (looking at 1000 shares) in stocks. Most likely I will let it erode away and start building into a new fund (stop dollar in and collect dollar out). I may also use oracle's shaving the top off a little and DCA back in to keep average cost low and my core holdings of shares the same.
Brad so what you are saying to the gentlemens question is adding NOT reinvesting is basically same thing except you take the cash dived then dca on the way down with it am i correct?
Not exactly. But a great clarification question. He chose to buy at the top of the market. He called XDTE a bad investment. Looking at SPY at the top of market compared to XDTE on July 16th XDTE is actually the better investment even without reinvestment. SPY ends up down 4+% but if you take into consideration distributions XDTE ends up only down 1%. This not including reinvestment and compounding. Only takes into consideration that you got the distributions. Hope that clarifies.
@@Income_Architect Great thanks for clarifying for us, and I do agree xdte is performing well. if you do the percentage moves it pretty much rolls with the spy. Hopefully they keep it going could change lives.
When you do your update on QDTE, could you discuss the underlying long calls, as over 50% appear to be out of the money rather than deep in the money. If the market were to open down 5%, would these out of the money long calls not be down 23%. Am I missing something here? Seems very risky in significant down markets. Thoughts?
@Income_Architect certainly those Flex contracts are confusing. I doubt most equity investors have any idea how they work.. I admit I am still a bit confused after reading up on them. Seems that the strike price is multiplied by 100x. I am still a little confused on how these options setup.
Yes and that is why I hold it. They are not the only ones at the party. There are others that might be better for some. What is right for me might not be right for you.
Brad did you know XDTE only has 130 mill AUM? well I'm sure you know but what are your thoughts on that? I know don't like to invest in anything under 200 mill AUM?I am surprised QDTE has more AUM being XDTE looks to be the clear winner of the two .Hmmmmmm
@UnderVarosh he's a crypto G, but he entered the high yield income investing space. You can find his channel by the name "yieldmax tv" He's like the Andrew Dice Clay of finance lol rough around the edges, but really good.
ORACLE and BRAD are like a peanut butter and jelly sandwich/ore cookie. One goes crazy throws ideas and strategies around makes a mess .and Brad comes by picks up the puzzle pieces of the floor and puts it all together, so it all makes sense. They truly complement each other's style Great work guys
@frankvullo-f3g totally not planned FYI. I watched his video and hit home to me. I see comment and answer all of them. So many are great comments look at this or look at that. Many great ideas. Then comes along the comment that blows me away and its like you should not be in this fund and that is ok. Hope you like my rant.
I feel like you and Oracle are the best RUclips channels in the financial realm and with two different styles but still on the same page you guys can change people's lives for the better keep the great work .as far as the comment that you replied to that's what makes you great because you are not going to sugar coat anything and worry about likes that's what makes you guys unique.
Thanks for the good episode. Understand what you have, make adjustments when required, and understand your risk profile. These funds are new but the concepts are not. Just be aware, have a reasonable risk tolerance, and know why you’ve invested. I do not drip and take the dividend proceeds on the first of every month, about $8. - $10k depending on the distributions. I’m NAV positive on all the funds and look at the market in the morning, in the afternoon, and just before the close. I have a 20% tolerance on the downside and the upside. The market fluctuates and that’s not a bad thing… buy the dips if you chose but just know what your boundaries are and understand what your investing in… Best, Jeff
I don’t quite understand y they wouldn’t close out their long call positions. Not sure how much worth they will have even if they are in the money on expiration.
One of the other funds I am looking at closes out before the end of day. And you would be surprised. They lost their shirts today closing out. Hmmm their strike was higher the XDTE.
I am glad Oracle’s last night’s video is being shared because it is very true that it came from the heart. There are so many vulnerable people in this space that need to hear the ugly part of this story.
Hamburglars so Roundhill sold a call 4 contracts this morning at what , delta? However and what like 5 cents out of the money at 2100.05 it closed at 2099.15. Expired worthless. They pocketed 4.05 share. x 400 shares = $1605. So what are they doing experimenting with their playmoney, in order to see what happened?
closed at 2,103.85 so ITM. So sorry we lost capital today or slippage according to yahoo finance. They lost my money not play money actual money. It actually ended up being 1/2 OTM from yesterdays call. If they don't know what would happen then they should not have an ETF as that is most unprofessional thing a ETF provider can do. We don't know what will happen if we sell it this close to ATM. Hmm lets find out with our inventors money. We are not paying them to experiment. That comment want me to sell right now and sell all roundhill ETFs if they did not do the back math or be playing with their money for months they should not be using our money as play money. They should have been paper trading this for months.
@@Income_Architect indeed they should have with paper money. I assume that they were too busy to get this to launch and thought hey x and qdte is working why not just apply to R. However the low contract count looks like, hey lets give this a try, and see how this works out.
Today is looking like a case-study in after-hours making up for under-perfomance in QDTE for reasons of not capturing gains above the call strike. We ended up short 1% overall, but its looking like after hours will make up some of that. Might want to look at today in particular if it works out well by opening tomorrow.
Yes we got capped today. And there will be days like this. It might take a new all time high before everyone is above water on QQQ or a couple points above. But in the meantime enjoy those distributions. Invest some back in to lower your cost base or whatever. Understand the fundamentals is important and clearly you understand the fundamentals. Brad.
@@Income_Architect Not just the fundamentals, it also requires diligent monitoring of the action as it happens. There is not really such a thing as "passive" income, merely "idle" income.
Follow up : After hours yielded another 44 basis points of gain, making up for half of the shortfall, if we have a pre market session like that this morning then we will have broken even.
I feel your pain. The number of people who do not understand what "NAV erosion" truly is. I could not care less if the ETFs like the DTE's move up and down as long as they travel with the underlying. It is when they cap themselves out and have slippage with the underlying is what counts. There are people on Stocktwits today celebrating today's strong day in the market not understanding all the gain occurred DURING market hours. Days like today are actually bad days. Like your example, they look at the price of the fund being down 3% when the underlying is down 5 and not realize that is good. Geez. I just keep treating this like a 12-15% payer and use the rest to hedge with to keep capital stable or growing. I could go on. Keep up the good work.
@TonyHunt-dn6bw Did you just catch that I used top of the Market for SPY and XDTE has actually preformed better without reinvestments when just adding distributions? It was a comment I got. But I hope everyone catches that part as that was a little Easter Egg of how well this fund has actually done. Now I did see my other fund today went up 1.75 compared to 1.22 of QDTE that I am looking at. It might be better for others that can't get over that NAV erosion as there is slippage.
@@jiti5034if the dividend was guaranteed no matter what happens to the nav then I would agree it doesn’t matter if you’re investing for income. The issue is that as the nav erodes, so does the dividend
I'm confused about the RDTE explanation. I see they sold 2100 strike calls today. RDTE is at 2103 right now and today was an amazing day overall. I feel like that's just one early anomaly. And even in this case it's not like they lost any money right?
I went by market open on Yahoo finance. I see that moved market open to 2090. down from 2099. It closed at 2103. With that said they went to a strike 1/2 OTM then they did the day before. Getting those calls closer in is something we really need to watch. It might be a total anomaly but it still ended up in the money so there is your first slipping in your capital erosion, but not that much. That is why I want to wait until Saturday before giving the final numbers as soon as you go to Yahoo finance and they don't report it right at first it messes everything up.
And that is valid point. They might be that wild horse for some and they should stay away no matter what anyone says or thinks. I am glad you’re an independent thinker. Thanks for watching. Brad.
Im not a swing trader...why sell..you'll gonna get hit with a large capital gains tax...the journey had just begun..here till they stop paying me dividends..gj Brad 💰💰💰
lol. Yep. I think the best part for me was if you bought the top of the market with SP500 you would be beating the market if you only collected the distributions and not reinvested. I think that point should hit home. I love how they picked the top of market and then called it a bad investment. Brad
The Oracle and I think rdte will give a "teaser" high initial payout. I beleive the initial payout might be higher as it will represent about 2 weeks of trading versus 1 since the 1st payment is estimated to be 9/27 per David the fund manager on his interview with Coach.
Might be why they went 0.01 OTM. They are past their strike price right now so high payout, but capital erosion. Not happy about it. Calling it as I see it.
Zivb have lower hedge against vix and would go much deeper at vix spikes, it’s more risky - this is where higher yield come from. And probably won’t recover as fast as SVOL.
You have interesting and valuable things to say. Consider writing a script or an outline to better convey your message. It may sound harsh, but it would cut your videos down to under 10 minutes and you would grow like someone poured miracle grow on your channel.
Mark thanks for your input. Much harder then you think. I do an outline and I could write a script and do one video every week and sound like a dumb never mind as I have tried a script. 2 hours of video to edit it down to 10 minutes with 3 days of editing. Trust me I edited this video down by 10 minutes. This video I actually had to record it twice and then add two other recordings in.
I don't know but some people should not be in the fund at all as they don't understand it. And that is ok. Its ok not understanding it. Just don't invest in it. Thanks for watching.
Pat Day google the name. I played the ponies when I was younger and I was good at it. My dad past away and it was not the same without him. We tracked the weather and riders and track conditions and not what they said it was. Kinda like the market.
@@Income_Architect I became a racing fan the year he retired so never bet on him. I go to Saratoga a few times a year, I have a library of handicapping books. I love the channel.
Someone just pointed it out in the comments. They are up 1.75 today compared to 0.65 of QDTE. Might not be a better compounder but a better risk management or those that can’t handle the NAV. Only going to do the math and let everyone pick and talk about the risks and taxes. Might not be better for me but might be better for others. Brad
I was hoping you had ads. First ad I ever got from you and I skipped it because I am just to used to it. Sorry. Will be cautious next time and let it play out.
Nope I skip them also. I saw ads before getting monitized. I will not add any ads in the middle unless over 20 minutes. My 10 to 15 min should only be at the start. Call me out if you find them in the middle of anything less than 20 minutes.
I started about a month ago. I am glad you found me. Hope I bring you value. please let me know if you have any questions. It might be better to tag me or write a new comment as I might not see it for days
You Cant Invest Like W B Because He Is A Multi Billionaire.He Said If You Dont Make Your Money Work For You. You Will Work For Money For The Rest Of Your Life .
And the funds will recover in time. Their strategy is sound. There are other funds that I am looking at the hold the underlying. And maybe for some they might be better. I will let everyone know my finds. But your right someone did not do their homework and wanted me to do it for them.
Anyone buying these funds looking for their capital to grow with these kind of distributions, don’t understand the point of these kind of investment vehicles… PAY ME!!! Hahaha
What part was not true. For some they need to sell. I get to many comments about how bad this investment is. I bet people did not realize if you bought the top of SPY and XDTE at same time. XDTE was the better investment. Why did you think I picked that comment out of all the comments? If they didn’t get it then it was the better investment what do I need to say or do. Yes for that person it is 💯time to sell. That was point of the video. Thanks for watching.
Point well taken. I think the scholar was ok. I try to answer every comment. When someone doesn't do their own math I start to have an issue with it as they clearly don't understand the investment. I can handle being called Fat, uneducated, and don't know what I am talking about and that I should do my research on the scholar video as I was 100% wrong. (That comment got deleted as he has so far off base and I don't have the time to explain it to him) When they say its a bad investment then they should sell. I could just fully ignore them. I could just not care but I actually care. I want them to make the right decision for them not for me or anyone else. Put your right I have been a little cranky. I hope those that don't understand the investment should sell it and moves on. I hope those that do understand it should keep it. If it is right for them. Thanks for your input as it is important to me. Brad
Some people should not be in funds I am very serious when I say that and should sell today. You might want to call it click bait but if you read some of the comments or my emails then you would see what I see desperate people reach out for last straw attempts to retire on thing they don’t understand and that’s ok. If you don’t understand it don’t invest in it. Sorry if you might think it’s click bait when real people might have real issues. Maybe I shouldn’t care. Maybe I should just not say anything.
@cashoption2319 No flip flop, but some people need to sell these funds. I am not. I understand them. The point was some people don't understand them and should not be getting into them. I have tried to help them and its ok not to understand them. There are other funds that might be right for them.
Loving the vids. Appreciate the honest, direct useful thoughts. Good enough that I'm sharing with family & friends, got them liking & subscribing too! Would like your thoughts on creating a sandwich of 2 high yielding dividend etf's that should move inverse to each other. For example NVDY-DIPS. Tweak the amount of each etf so that the net result is delta neutral. NAV erosion shouldn't be an issue, as what one loses, the other should gain. That difference won't be exact dollar for dollar but should be able to get reasonably close on average. In theory, then the net result would be to collect the high yield from both. Maybe you've already done such a comparison for yourself? Maybe there are other etf's that could be used that would produce a better net result? If a sandwich such as this did look profitable, maybe it would deserve to be in some portion of portfolio in addition to other holdings?
I did a video on that already not a very good strategy I should have moved it down to like 10% hedge but at equal weights you are much better off going long.
5:10 litterly me 2 years ago.. zero awnsers on how.. i asked my self how to get awnsers . books/guys like ou my own research .. and the most import one.. "time in the market"
So you can fully understand that some people need to sell and not follow. I am glad you started your own research as that is a huge step. I hopefully add value in videos and keep in mind not everyone is at the same level.
Thanks for watching. I am not selling yet, but food for thought.
Brad, enjoy your videos when they mostly match your thumbnail content. This one was brutal though and should have been only 5 mins long. Ignore the stupid people in your comments and shrug it off. You cannot accomplish anything by engaging with their stupidity.Your time is worth waaaaay more than wasting it on them, which additionally wastes your viewers time. Maybe put the real content in the beginning and save rants for the end. Have seen other tubers do that. Cheers.
@@Income_Architect it’s a good horse just hold on to the reins. ☺️
@@nim8or well put
@@mylifeonthebeach such a great point thank you. I thought of dividing it into two videos this morning. Next time I will so people get what they want to know and they can move on.
@@nim8orwhat my problem is I don't have alot of time
I'm 63
Thats why I'm subscribed to ya brother...Trustworthy ...and you are always looking for a better product! Thank you, Brad can't wait to see your report, on the new Funds.
I appreciate that. Might not be better to me or you but might be better for some. Just today. My new one I am looking at is up 1.75 compared to 1.22% of QDTE and they own the underlying not a synthetic. Might not pay as much but its still above water line and they have no real slippage or NAV erosion. For those that might want a higher yield without the risk.
this hamburger came with cheese tonight!! Good video. It was great to hear the info on RDTE. I didn"t even wanna go in on one share. I can wait. Thanks for longer format as well
Hope you enjoyed it! Keeping what I got and will wait.
Great video Brad . Thanks
Glad you enjoyed it
Great stuff Brad. You are my GO-TO!! Look forward to the 3 ETFs you are researching.
More to come!
Another good episode !! Love your fund analysis !
Glad you like them! I should more done shortly battle of the 0DTE funds
@@Income_Architect curious about your new found funds … 🤔🤔🤔
No new funds yet. ISPY was on my list but now off. I still have two more on my list.
Excellent Video Brad! You and Oracle have broadened my thoughts and understanding on these high income funds. Thanks for all the videos!
Great to hear!
Great information and entertaining, always a good combo. I found you through Oracle and value both of your knowledge and experience. Thank you.
Awesome, thank you! Brad.
I love your videos. I’m holding QDTE, XDTE and very little on RDTE since it’s just opened. I have a lot of NVDY
RTDE I’m really on the fence about. Holding what I got. NVDY I need to work on a video.
@@Income_Architectthanks yes! I want to watch your video on NVDY please! Yes I only hold like 20 shares of RDTE haha.. QDTE and XDTE around 500 and 700 nvdy I hold about 400?
Also I’m not down on QDTE, RDTE or NVDY I’m up by the thousands.
Hello, Brad. I do appreciate your continuing to produce the videos. Thank you for that. I was wondering if you might consider doing a video on learning how one can know what percent of their investments they need to make/withdrawal to live off of.
Great suggestion! I kinda have touched on that during my What is in your wallet? video, but I did not go into great detail and I hope to build out some model portfolios for everyone at different risk levels. But it is now in my book of ideas.
Just letting you guys know yield Max filed today effective immediately to switch the YMAX and YMAG distributions from monthly to weekly.
Hmmm. That is interesting. Might be worth a video tomorrow on my thoughts. Need to back test first.
@@Income_Architectyes, video pls ASAP
Hum… thanks for sharing … not sure how that will work… but it is interesting
Some more breaking news defiance just filed to make QQQY, JEPY, and IWMY weekly paying as well as being able to sell the puts and close them same day and they are aiming for a reduced daily income of 0.15% vs .25% so there should be more nav stability?
Here is the link
www.sec.gov/Archives/edgar/data/1924868/000199937124011793/odte-497_091124.htm
Well said. Both you and Oracle have shared a lot of great wisdom and the way you explain things make it really easy to understand. My entire investment strategy has improved for the better because of it. Looking forward to all your future videos
Glad you enjoyed it! I have a lot more to come. Just picking one subject at a time. Brad
Brad I love your videos and content, and as much as I love it a little low background music would be awesome 😂 keep up the great work we appreciate your efforts!!
Noted! As I might have some huge life changing plans working. Mrs Burger is putting together some stuff for your entertainment during my videos.
I really enjoy the Oracle and your videos. It's great bouncing ideas and learning different perspectives. 👌
Glad you enjoy it! Yes when I watched his video it really hit home to me.
I love this unseen side of Brad... wow
Sometimes things just need to be said.
Come-on!!!
Keep up the great content !!
Thanks, will do!
I came here from the Oracle. Love your videos. I have been stacking SVOL on dips with a margin account have you looked at this one yet.
Very nice I fall in love with SVOL more and more.
Brad - I found by way of Oracle! So glad I found your channel!
Thanks for watching.
who's the oracle you mention?
He is another RUclipsr
Bought some more XDTE on the morning dip today. Have predominantly TDVI, XDTE, SPYT, QQQT, GPIQ, GPIX, QQQI, SPYI as my stock index income.
TDVI is on my list to review. Some might not think it a high payer put looking at the upside that may fit into a lot of peoples buckets. I am looking at replacement for SPYT and QQQT. I just want more data. I need to cover GPIX and GPIQ. Not high payers but I like them over JEPI an JEPQ. More upside.
Thanks for the update😁
No problem 👍
Great stuff. I'm grateful to follow both channels. It's important to know the game for these income investments. I'm down the hole for MSTY, however I keep a spread sheets of dollar in / dollar out to get a better view for performance. Yes I know I'm getting my money back with the distributions, however knowing this will help you find the net profit of your business. I will reevaluate once i hit my magic number (looking at 1000 shares) in stocks. Most likely I will let it erode away and start building into a new fund (stop dollar in and collect dollar out). I may also use oracle's shaving the top off a little and DCA back in to keep average cost low and my core holdings of shares the same.
It’s going to be an interesting one to follow as I like the underlying but to many times going through the strike price can hit you. Brad.
Brad so what you are saying to the gentlemens question is adding NOT reinvesting is basically same thing except you take the cash dived then dca on the way down with it am i correct?
Not exactly. But a great clarification question. He chose to buy at the top of the market. He called XDTE a bad investment. Looking at SPY at the top of market compared to XDTE on July 16th XDTE is actually the better investment even without reinvestment. SPY ends up down 4+% but if you take into consideration distributions XDTE ends up only down 1%. This not including reinvestment and compounding. Only takes into consideration that you got the distributions. Hope that clarifies.
@@Income_Architect Great thanks for clarifying for us, and I do agree xdte is performing well. if you do the percentage moves it pretty much rolls with the spy. Hopefully they keep it going could change lives.
When you do your update on QDTE, could you discuss the underlying long calls, as over 50% appear to be out of the money rather than deep in the money. If the market were to open down 5%, would these out of the money long calls not be down 23%. Am I missing something here? Seems very risky in significant down markets. Thoughts?
I made this same mistake. I had to wait to open my computer. The calls are 90% in the money or there about.
@Income_Architect certainly those Flex contracts are confusing. I doubt most equity investors have any idea how they work.. I admit I am still a bit confused after reading up on them. Seems that the strike price is multiplied by 100x. I am still a little confused on how these options setup.
Correct on the x100. Keep watching. As it will one day click.
Good insight Brad!
Thanks for watching.
Love Roundhill’s strategy.
Yes and that is why I hold it. They are not the only ones at the party. There are others that might be better for some. What is right for me might not be right for you.
Brad did you know XDTE only has 130 mill AUM? well I'm sure you know but what are your thoughts on that? I know don't like to invest in anything under 200 mill AUM?I am surprised QDTE has more AUM being XDTE looks to be the clear winner of the two .Hmmmmmm
@frankvullo-f3g Yes I did. I go out to there site twice a day. I picked 200M AUM for a reason.
This was SOOOOO good. I love this channel and Oracle's channel. Both straight shooters, straight to the point. Love it.
Thanks for watching.
Who’s oracle?
@UnderVarosh he's a crypto G, but he entered the high yield income investing space. You can find his channel by the name "yieldmax tv"
He's like the Andrew Dice Clay of finance lol rough around the edges, but really good.
QDTE is rocking.
Looking good.
Wondering wot up with book
Thanks for watching to the end. Now you know. Brad.
Thanks
Thanks there Brad
ORACLE and BRAD are like a peanut butter and jelly sandwich/ore cookie. One goes crazy throws ideas and strategies around makes a mess .and Brad comes by picks up the puzzle pieces of the floor and puts it all together, so it all makes sense. They truly complement each other's style Great work guys
@frankvullo-f3g totally not planned FYI. I watched his video and hit home to me. I see comment and answer all of them. So many are great comments look at this or look at that. Many great ideas. Then comes along the comment that blows me away and its like you should not be in this fund and that is ok. Hope you like my rant.
I feel like you and Oracle are the best RUclips channels in the financial realm and with two different styles but still on the same page you guys can change people's lives for the better keep the great work .as far as the comment that you replied to that's what makes you great because you are not going to sugar coat anything and worry about likes that's what makes you guys unique.
Thanks for the good episode. Understand what you have, make adjustments when required, and understand your risk profile.
These funds are new but the concepts are not. Just be aware, have a reasonable risk tolerance, and know why you’ve invested. I do not drip and take the dividend proceeds on the first of every month, about $8. - $10k depending on the distributions. I’m NAV positive on all the funds and look at the market in the morning, in the afternoon, and just before the close.
I have a 20% tolerance on the downside and the upside. The market fluctuates and that’s not a bad thing… buy the dips if you chose but just know what your boundaries are and understand what your investing in…
Best,
Jeff
Spot on Jeff. I hope everyone gets the Message like you do. Very well put. Thanks for the comment and watching. Brad.
@@Income_Architect you’re more than welcome. Keep up the great work!!!
Brad thank you for your insight.
I got to get rid of some bad fruit...
I cleaned up mine before I posted what is in your wallet? video.
I don’t quite understand y they wouldn’t close out their long call positions. Not sure how much worth they will have even if they are in the money on expiration.
One of the other funds I am looking at closes out before the end of day. And you would be surprised. They lost their shirts today closing out. Hmmm their strike was higher the XDTE.
BALI is one to consider for steady income w/o NAV erosion
on the list. Thanks.
I am glad Oracle’s last night’s video is being shared because it is very true that it came from the heart. There are so many vulnerable people in this space that need to hear the ugly part of this story.
So true. I got the message and wanted to spread the message. Thanks for watching. Brad
Who/ where is oracle?
Hop on that Clydesdale, Burger! Great vid!
Oh yeah! Bigger the better. Brad
Hamburglars so Roundhill sold a call 4 contracts this morning at what , delta? However and what like 5 cents out of the money at 2100.05 it closed at 2099.15. Expired worthless. They pocketed 4.05 share. x 400 shares = $1605. So what are they doing experimenting with their playmoney, in order to see what happened?
closed at 2,103.85 so ITM. So sorry we lost capital today or slippage according to yahoo finance. They lost my money not play money actual money. It actually ended up being 1/2 OTM from yesterdays call. If they don't know what would happen then they should not have an ETF as that is most unprofessional thing a ETF provider can do. We don't know what will happen if we sell it this close to ATM. Hmm lets find out with our inventors money. We are not paying them to experiment. That comment want me to sell right now and sell all roundhill ETFs if they did not do the back math or be playing with their money for months they should not be using our money as play money. They should have been paper trading this for months.
@@Income_Architect indeed they should have with paper money. I assume that they were too busy to get this to launch and thought hey x and qdte is working why not just apply to R. However the low contract count looks like, hey lets give this a try, and see how this works out.
Their contracts shoot up huge today.
Today is looking like a case-study in after-hours making up for under-perfomance in QDTE for reasons of not capturing gains above the call strike. We ended up short 1% overall, but its looking like after hours will make up some of that. Might want to look at today in particular if it works out well by opening tomorrow.
Yes we got capped today. And there will be days like this. It might take a new all time high before everyone is above water on QQQ or a couple points above. But in the meantime enjoy those distributions. Invest some back in to lower your cost base or whatever. Understand the fundamentals is important and clearly you understand the fundamentals. Brad.
@@Income_Architect Not just the fundamentals, it also requires diligent monitoring of the action as it happens. There is not really such a thing as "passive" income, merely "idle" income.
Follow up : After hours yielded another 44 basis points of gain, making up for half of the shortfall, if we have a pre market session like that this morning then we will have broken even.
I have to agree on that one. I the RDTE needs to same distance out as QDTE.
Yep. I like it. I just want them to call it like QDTE.
I feel your pain. The number of people who do not understand what "NAV erosion" truly is. I could not care less if the ETFs like the DTE's move up and down as long as they travel with the underlying. It is when they cap themselves out and have slippage with the underlying is what counts. There are people on Stocktwits today celebrating today's strong day in the market not understanding all the gain occurred DURING market hours. Days like today are actually bad days. Like your example, they look at the price of the fund being down 3% when the underlying is down 5 and not realize that is good. Geez. I just keep treating this like a 12-15% payer and use the rest to hedge with to keep capital stable or growing. I could go on. Keep up the good work.
@TonyHunt-dn6bw Did you just catch that I used top of the Market for SPY and XDTE has actually preformed better without reinvestments when just adding distributions? It was a comment I got. But I hope everyone catches that part as that was a little Easter Egg of how well this fund has actually done. Now I did see my other fund today went up 1.75 compared to 1.22 of QDTE that I am looking at. It might be better for others that can't get over that NAV erosion as there is slippage.
Why should we ignore NAV erosion? show logically and with math, not just emotions?
@@jiti5034if the dividend was guaranteed no matter what happens to the nav then I would agree it doesn’t matter if you’re investing for income. The issue is that as the nav erodes, so does the dividend
I think today’s video answers all.
As long as you got the same amount of calls to write distribution will not go down. In reality they should go up due to increase in the VIX.
Can someone please share link to Oracle's channel. Thanks in advance.
youtube.com/@yieldmaxtv?si=ocRnx30fAOtjGoJL
I'm confused about the RDTE explanation. I see they sold 2100 strike calls today. RDTE is at 2103 right now and today was an amazing day overall. I feel like that's just one early anomaly. And even in this case it's not like they lost any money right?
I went by market open on Yahoo finance. I see that moved market open to 2090. down from 2099. It closed at 2103. With that said they went to a strike 1/2 OTM then they did the day before. Getting those calls closer in is something we really need to watch. It might be a total anomaly but it still ended up in the money so there is your first slipping in your capital erosion, but not that much. That is why I want to wait until Saturday before giving the final numbers as soon as you go to Yahoo finance and they don't report it right at first it messes everything up.
How about the western wild Mustang for your fourth horse? That's what QDTE and XDTE are for me.
And that is valid point. They might be that wild horse for some and they should stay away no matter what anyone says or thinks. I am glad you’re an independent thinker. Thanks for watching. Brad.
Im not a swing trader...why sell..you'll gonna get hit with a large capital gains tax...the journey had just begun..here till they stop paying me dividends..gj Brad 💰💰💰
lol. Yep. I think the best part for me was if you bought the top of the market with SP500 you would be beating the market if you only collected the distributions and not reinvested. I think that point should hit home. I love how they picked the top of market and then called it a bad investment. Brad
The Oracle and I think rdte will give a "teaser" high initial payout. I beleive the initial payout might be higher as it will represent about 2 weeks of trading versus 1 since the 1st payment is estimated to be 9/27 per David the fund manager on his interview with Coach.
Might be why they went 0.01 OTM. They are past their strike price right now so high payout, but capital erosion. Not happy about it. Calling it as I see it.
Agreed!
@@Income_Architectinteresting. Perhaps they are so aggressive to rally up hype via big payouts. 🤔
@@theworkinginvestor just like some of those yieldmax funds. You really have to know the underlying.
I'd like to see ZIVB vs. SVOL - I know Z is very new (2023) but it's looking like a contender. Thanks for the great info as always!
Great suggestion! on my list. I think you asked before about ZIVB or someone did but its a good comparison to do between them. Thanks for watching.
Zivb have lower hedge against vix and would go much deeper at vix spikes, it’s more risky - this is where higher yield come from. And probably won’t recover as fast as SVOL.
Thanks B
Any time
Totally doing the $AMZY to $XDTE rotation for September
keep watching those update videos. If there is a better horse I will let you know.
Awesome!
Thank you! Cheers!
Interested to hear about the New Funds...
So much to do, but I will be getting to some. I would like to see a months data before judgement.
@@Income_Architect
Brad what do you think about CALF ETF..
Not my style of an etf. But do to the rate cuts it can do well.
Well.... I own a chainsaw. Those can also make holes...😂
tbf, it's probably still a good analogy for our approach to investing.
That is one big hole. Thanks for watching.
Yesss shoutout to oracle he will love the props haha
Yep.
I'm considering ymag now. Less nav erosion now because they changed their strategy and they announced weekly dividends.
Maybe. I will need to look into it but it appears many are jumping into things thinking they know what they are doing. They meaning the yieldmax.
@@Income_Architect You could make a video about it discussing your thoughts. That would be helpful.
I got the their email so I need to read it more.
You have interesting and valuable things to say. Consider writing a script or an outline to better convey your message. It may sound harsh, but it would cut your videos down to under 10 minutes and you would grow like someone poured miracle grow on your channel.
Mark thanks for your input. Much harder then you think. I do an outline and I could write a script and do one video every week and sound like a dumb never mind as I have tried a script. 2 hours of video to edit it down to 10 minutes with 3 days of editing. Trust me I edited this video down by 10 minutes. This video I actually had to record it twice and then add two other recordings in.
I do outline so I cover the points. I tried a script way too hard.
Hey Brad! Thanks for the update!
You bet! Next one is on Saturday for XDTE and QDTE and RDTE.
Riding this horse til there is a more consistent winner.
That video is minutes away. Just need to upload it.
I understand
You bet. Thanks for watching.
Not going to sell unil they say the DIV is below .25 I mean Why would you
I don't know but some people should not be in the fund at all as they don't understand it. And that is ok. Its ok not understanding it. Just don't invest in it. Thanks for watching.
I love your rants as well. You are also entertaining.
Glad you like them! You got the full Hamburger today. I try to keep it professional but...
If you wrote a book I would buy it, especially if it was about handicapping Horseracing.
Pat Day google the name. I played the ponies when I was younger and I was good at it. My dad past away and it was not the same without him. We tracked the weather and riders and track conditions and not what they said it was. Kinda like the market.
@@Income_Architect I became a racing fan the year he retired so never bet on him. I go to Saratoga a few times a year, I have a library of handicapping books. I love the channel.
Belieeeeeeeeeve in the magic
lol I had to think about that. You’re spot on.
can't wait to hear what funds you found that are better than roundhill! so far, i really like the weekly compounding
Someone just pointed it out in the comments. They are up 1.75 today compared to 0.65 of QDTE. Might not be a better compounder but a better risk management or those that can’t handle the NAV. Only going to do the math and let everyone pick and talk about the risks and taxes. Might not be better for me but might be better for others. Brad
@@Income_Architect Scrolled through the comments. Are you referring to IQQQ? I have that as well. I like how stable it is.
Just did my video on that one. Wanted to see what the data says. I still have two more that I like but not enough data yet.
I could use a link to Oracle's YT channel in order to follow this discussion
Link in the description to his video.
Margin of safety? I use tons of it, I've margerined my whole account!
It’s a great tool to have.
We do care, Hamburger! Keep up the good fight
Don't worry, you got the full Hamburger today. At this point of my life I am move on. Hope you are having a great day. I know I am. Brad
I've been withdrawing 50-70 percent so far and still green, but problem is I need to withdraw more like 90 percent!
That's a high percentage to have to withdraw.
@@Income_Architect Yeah in the long run it's probably not sustainable.
I was hoping you had ads. First ad I ever got from you and I skipped it because I am just to used to it. Sorry. Will be cautious next time and let it play out.
Nope I skip them also. I saw ads before getting monitized. I will not add any ads in the middle unless over 20 minutes. My 10 to 15 min should only be at the start. Call me out if you find them in the middle of anything less than 20 minutes.
I love both you and oracle you perfect just the way you are I am learning so much from you so thank you
You are so welcome. Calling it as I see it.
Wondering why your channel has been hidden from me. I watch tons of videos on income investing and I happened to stumble on your channel by chance.
I started about a month ago. I am glad you found me. Hope I bring you value. please let me know if you have any questions. It might be better to tag me or write a new comment as I might not see it for days
🎉Good video…straight forward and to a point
Well my friend it feels sweet to get weekly payments… 😅
Yes it does! I hear yieldmax now has some weekly payers. This totally unconfirmed rumor's.
You Cant Invest Like W B Because He Is A Multi Billionaire.He Said If You Dont Make Your Money Work For You. You Will Work For Money For The Rest Of Your Life .
You can invest like him just buy his stock. Sorry if you didn’t know that.
Nvidia pumping JEPQ and XDTE is the winning strategy. You're welcome lol. All seriousness this is my big 3
Nice list.
These income funds (if they are good ones) will eventually cash flow. People often forget to count their distributions in the total return.
And the funds will recover in time. Their strategy is sound. There are other funds that I am looking at the hold the underlying. And maybe for some they might be better. I will let everyone know my finds. But your right someone did not do their homework and wanted me to do it for them.
Lol slacker.
Oracle wants to get on an Italian Bull.
The ORACLE Ha Ha You So Funny.Why Dont You Just Say WARREN BUFFET .
Well I guess you don’t know the other Oracle. But then I guess you just didn’t understand the reference.
@Income_Architect Who Is The Other Oracle? Because Were You Talking About The One From Omaha Or The Matrix.? Lol.
@@charlesgair8608There is an income investing RUclipsr that calls himself Oracle.
???? I ran out of tomatoes
Thanks for the Tomatoes.
Anyone buying these funds looking for their capital to grow with these kind of distributions, don’t understand the point of these kind of investment vehicles… PAY ME!!! Hahaha
Well said. Thanks for watching.
that's not true we do care
What part was not true. For some they need to sell. I get to many comments about how bad this investment is. I bet people did not realize if you bought the top of SPY and XDTE at same time. XDTE was the better investment. Why did you think I picked that comment out of all the comments? If they didn’t get it then it was the better investment what do I need to say or do. Yes for that person it is 💯time to sell. That was point of the video. Thanks for watching.
You should call this channel, What's up Brad's Ass! 😂😂😂
The past few episodes, you have been kind of cranky.
Point well taken. I think the scholar was ok. I try to answer every comment. When someone doesn't do their own math I start to have an issue with it as they clearly don't understand the investment. I can handle being called Fat, uneducated, and don't know what I am talking about and that I should do my research on the scholar video as I was 100% wrong. (That comment got deleted as he has so far off base and I don't have the time to explain it to him)
When they say its a bad investment then they should sell. I could just fully ignore them. I could just not care but I actually care. I want them to make the right decision for them not for me or anyone else.
Put your right I have been a little cranky. I hope those that don't understand the investment should sell it and moves on. I hope those that do understand it should keep it. If it is right for them. Thanks for your input as it is important to me. Brad
Brad wtf.. clickbait titles! Come on.
Some people should not be in funds I am very serious when I say that and should sell today. You might want to call it click bait but if you read some of the comments or my emails then you would see what I see desperate people reach out for last straw attempts to retire on thing they don’t understand and that’s ok. If you don’t understand it don’t invest in it. Sorry if you might think it’s click bait when real people might have real issues. Maybe I shouldn’t care. Maybe I should just not say anything.
Should of never bought it in the first place
Yep but some follow the crowd. Then ask questions 💯
Warren Buffet Quotes And A Bunch Of B S .
Thanks for watching. Glad you thought it was BS. I think the video was directed straight to you. Have a great day.
This could have been a 5 minute vid and got the same message across
Sure thing. Thanks for watching.
Lmao the flip flopping is worse than trump here on youtube
@cashoption2319 No flip flop, but some people need to sell these funds. I am not. I understand them. The point was some people don't understand them and should not be getting into them. I have tried to help them and its ok not to understand them. There are other funds that might be right for them.
Loving the vids. Appreciate the honest, direct useful thoughts. Good enough that I'm sharing with family & friends, got them liking & subscribing too! Would like your thoughts on creating a sandwich of 2 high yielding dividend etf's that should move inverse to each other. For example NVDY-DIPS. Tweak the amount of each etf so that the net result is delta neutral. NAV erosion shouldn't be an issue, as what one loses, the other should gain. That difference won't be exact dollar for dollar but should be able to get reasonably close on average. In theory, then the net result would be to collect the high yield from both. Maybe you've already done such a comparison for yourself? Maybe there are other etf's that could be used that would produce a better net result? If a sandwich such as this did look profitable, maybe it would deserve to be in some portion of portfolio in addition to other holdings?
I did a video on that already not a very good strategy I should have moved it down to like 10% hedge but at equal weights you are much better off going long.
5:10 litterly me 2 years ago.. zero awnsers on how.. i asked my self how to get awnsers . books/guys like ou my own research .. and the most import one.. "time in the market"
So you can fully understand that some people need to sell and not follow. I am glad you started your own research as that is a huge step. I hopefully add value in videos and keep in mind not everyone is at the same level.
im seriously thinking about dumping all my NVDY to get into XDTE!!!!
Hmmm that is a hard one. Depending on you purchase price of NVDY.