His strategy needs some bonds like TLT or TMF, that way if economy tanks, the Fed lowers rates and this makes bond ETFs go up. In other words, stocks would go down and bonds up.
Is it a good idea to wait just before Ex-Dividend date on Yield Max Funds to buy? I was thinking about keeping my investment in a 5% high savings account for the month then investing into Yield Max. Any thoughts?
$120k is my goal "number", accounting for 30% for taxes and having to pay for health insurance. $100k is doable, $150k is better. I have no kids and no debt save a house payment at 2.99%.
I'm curious if anyone has tried running the wheel strategy on a leverage ETF and it's inverse in times of uncertainty or at any time. For example: TQQQ and SQQQ or TNA and TZA. These pairs have good options volume and the premiums are decent.
you are annualized your yield of premium and not your Total return, you have to cover the stock depreciation...Total return is not the same be carefull
Discord link:
discord.gg/az8SsRXw
@RetireonDividends i just figured out how to use discord
I still love the daily yeildmax updates, but I have to admit these are now my favorite videos, thank you for educating me on this journey!
love to hear this because i enjoy making these much more
Yes
You got your 500 shares of TSLL! I'm right behind you at 400 but my cb is 10.50
200 already got assigned so I have 300 at the moment
His strategy needs some bonds like TLT or TMF, that way if economy tanks, the Fed lowers rates and this makes bond ETFs go up. In other words, stocks would go down and bonds up.
Thanks for great content.
How do you get 30day IV value data?
It’s a formula
That links to a site
Got 9.5 / 10 puts and a 10 cc expiring 9/13. Let see what the market does this week.
Yes!!
Is it a good idea to wait just before Ex-Dividend date on Yield Max Funds to buy? I was thinking about keeping my investment in a 5% high savings account for the month then investing into Yield Max. Any thoughts?
Depends on what the underlying funds do
@@RetireonDividendsHmmm. Ok. Thanks.
$120k is my goal "number", accounting for 30% for taxes and having to pay for health insurance. $100k is doable, $150k is better. I have no kids and no debt save a house payment at 2.99%.
Let's go!
Why don't you sell options on MSTX? It's trading at $15.69
They only have monthly right now
I'm curious if anyone has tried running the wheel strategy on a leverage ETF and it's inverse in times of uncertainty or at any time. For example: TQQQ and SQQQ or TNA and TZA. These pairs have good options volume and the premiums are decent.
Why don't you try to roll the puts instead of passively accepting the assignment?
Because call premium pays even better
Lots of people like PLTR.
you are annualized your yield of premium and not your Total return, you have to cover the stock depreciation...Total return is not the same be carefull
There is no stock depreciation with the strategy I use, only appreciation or flat
I thought you were pinning your discord channel. I don’t see it.
Crap sorry, it’s there now
350,000.at very least !