Neither.. I've looked at many etfs.. and only a few make the ✂️ hcmt, lgh, qqh, xdte, and qdte. Those have everything when combined. Hcmt could be had as a single etf.. when market goes bear it switches to cash to preserve the capital.
Only a 100% yield? Those are weak numbers. Everyone knows that real investors seek at least a 180% yield that lets them retire with a $30,000 portfolio.
Oh man, if you asked me a few years ago if I thought people would believe in 100% yields, I would have said not a chance on Earth. But now people are going to expect even more ridiculous numbers like that.
ULTY is even worse when you consider taxes. I like YMAX, but ULTY is a train wreck in my opinion. YMAX hasn't been subjected to a bear market yet, so we'll see how it fares at that time. I like the index CC funds with 0dte, credit spreads, ootm covered calls, synthetic, as the various strategies play out, we'll see which ones work best for FIRE.
Maximum Yield, to the exclusion of all else. It's going to become the new normal. Because, nothing else matters. And, in the event that something unexpected happens, buy more. It's not gambling, eventually you might break-even and sell. But only if you need the money. And get permission from the appropriate influencer.
I think to deal with high yield income investing you have to learn how to trade, you have to learn that skill and be on it daily to be successful with high yield , its a huge difference from growth investing , holding for long term as opposed to the constant watch of tricks and turns with trading is why growth investors run from high yield and i dont blame them , u need a trading skill and most cant do that its extremely time consuming , a whole new bag of tricks
Yes nav erosion. But I under a year the etf will pay $20 a share if that distribution sticks (and it has for many months now) so as long as that stock is more than $1 a share in 12 months since opening, still profit. Dividend reinvest and buy on ex div date to take advantage of a cheaper nav price.
Looks like in a few months there would have to be a reverse split when under $10/share. Basically waiting a year to get a return OF the initial investment...then wait further for return ON investment. We'll see what develops in the last remaining months of '24 & into new US admin. If small caps rally this would be GR8 for ULTY
I'm enjoying my dividends from #NVDY, but I realize they're temporary. Interestingly, there hasn't been as much nav erosion in #YMAX as, well, everyone expected... 🤔
Look how good the stock market is doing! It's def the optimal time to benefit of that. True test will be when we have a bear market and seeing that recovery.
Jokes on you. I have a 400% Return on 10 shares of ULTY. 😛 ULTY IS DA BEST! In all seriousness tho, I do agree I don't like ULTY as a regular long term hold. I typically buy put options and make money on the downside, while collecting those big fat dibadends with the extra shares, before exercising the puts. FREE MONEY!
@@citizenoftheyearCC Yeah, I've made over $500 in profit while only holding 10 shares. I mostly try to get cheap puts, then buy shared on dec day, and exercise the puts on ex day. That sells the shares back at the put strikes, and I keep all the dividend income. It's been working out really great.
ULTY pays $10k a year with $10k invested, SCHD pays $350 a year with 10k invested.😮 I would definitely go with SCHD because?? It looks like ROI would be much faster with ULTY, but you could show your friends your good NAV with an SCHD investment.
There’s a lot of things wrong with this logic and I would encourage you to really ask yourself if you understand all the risks before you put your hard earned money into this thinking you will get a 100% return. ULTY is bleeding NAV, it is not making enough to be sustainable over a long period of time. It is simply just giving you a portion of your own investment back, that is not true income. As the NAV depletes, that’s less money the fund has to work with thus less dividends in the future. I know you’re trying to be slick with that last sentence, but I can almost guarantee over a 5 year time span, SCHD will outperform ULTY.
I think to deal with high yield income investing you have to learn how to trade, you have to learn that skill and be on it daily to be successful with high yield , its a huge difference from growth investing , holding for long term as opposed to the constant watch of tricks and turns with trading is why growth investors run from high yield and i dont blame them , u need a trading skill and most cant do that its extremely time consuming , a whole new bag of tricks
Vast majority of people cannot do trading successfully over long periods of times. Yes this investment is not for me cause I like the set it and forget ones.
I was really trying to listen to this video with an open mind but you just sound so annoying. Let me ask you a question though if you bought ULTY and received 100% div for a year you would have received your initial investment back all other dividends would be house money and so would the stock price at that point CONY and NVY will be 100% return on investment next month so those folks that bought in to those fans from inception will have received 100% of their initial investmentand all the rest of the dividends they ever collect our bonus income
Sup Benny - sometimes the truth is uncomfortable. How are you getting a 100% when they are just returning money back to you? Do you notice how the NAV just keeps going down and down. What about all the other alternatives you could have done with you money that are doing much better? Dividends are never guaranteed. Does getting a 100% return with no risk sound realistic to you? If it was that easy why is everyone not rushing to do this?
@@citizenoftheyearCC if they returned only your money back to you NVDY and CONY would be at $0 next month. I know dividends are not guaranteed but CONY is trading close to launch date and NVDY is up $8. I can see a place for these funds in your portfolio. I like the idea of owning the stock for free in 12-16 months and receiving whatever dividend they continue to pay. I have incorporated some of these yieldmax funds into my portfolio but at heart I’m an options trader. I trade daily and weekly and have been doing well.
I get it and it's really a 2 year play in my mind. First year return of investment, second year of profit. If it holds at 100% for 2 years, you've now averaged 50% per year and that's if you get out at 0 at that time. Any NAV price remaining would just increase the yield. I don't own any ULTY yet, I never buy a ETF as soon as it hits the market.
Even that might be too high lol, I think that is realistic though. After a while too much risk will lead to getting a negative return when the market doesn't do as well or does very well.
Would you prefer SCHD or ULTY?
Talk with other Dividend Investors: discord.gg/AasPBy3Kky
Neither.. I've looked at many etfs.. and only a few make the ✂️ hcmt, lgh, qqh, xdte, and qdte.
Those have everything when combined. Hcmt could be had as a single etf.. when market goes bear it switches to cash to preserve the capital.
Only a 100% yield? Those are weak numbers. Everyone knows that real investors seek at least a 180% yield that lets them retire with a $30,000 portfolio.
Oh man, if you asked me a few years ago if I thought people would believe in 100% yields, I would have said not a chance on Earth. But now people are going to expect even more ridiculous numbers like that.
I just don't know how many more SHOCKING TRUTHS I can handle, Uncle Coty. 😩
The Shocking truth is there will be more shocking truth videos on the horizon 😅
ULTY is even worse when you consider taxes. I like YMAX, but ULTY is a train wreck in my opinion. YMAX hasn't been subjected to a bear market yet, so we'll see how it fares at that time. I like the index CC funds with 0dte, credit spreads, ootm covered calls, synthetic, as the various strategies play out, we'll see which ones work best for FIRE.
I agree the strategy is way too aggressive to work in the long run.
Maximum Yield, to the exclusion of all else. It's going to become the new normal. Because, nothing else matters. And, in the event that something unexpected happens, buy more. It's not gambling, eventually you might break-even and sell. But only if you need the money. And get permission from the appropriate influencer.
Norman where have you been didn't hear from you for a while!?
@citizenoftheyearCC My Mother had 2 heart attacks. Lives in a remote valley. With no internet, and 2 bars of cell service on a good day.
@@normansimonsen1203 Sorry to hear that- hoping for the best :(
I think to deal with high yield income investing you have to learn how to trade, you have to learn that skill and be on it daily to be successful with high yield , its a huge difference from growth investing , holding for long term as opposed to the constant watch of tricks and turns with trading is why growth investors run from high yield and i dont blame them , u need a trading skill and most cant do that its extremely time consuming , a whole new bag of tricks
Yes nav erosion. But I under a year the etf will pay $20 a share if that distribution sticks (and it has for many months now) so as long as that stock is more than $1 a share in 12 months since opening, still profit. Dividend reinvest and buy on ex div date to take advantage of a cheaper nav price.
What could you have done with that money otherwise? That is an opportunity cost.
Looks like in a few months there would have to be a reverse split when under $10/share. Basically waiting a year to get a return OF the initial investment...then wait further for return ON investment. We'll see what develops in the last remaining months of '24 & into new US admin. If small caps rally this would be GR8 for ULTY
I'm enjoying my dividends from #NVDY, but I realize they're temporary.
Interestingly, there hasn't been as much nav erosion in #YMAX as, well, everyone expected... 🤔
Look how good the stock market is doing! It's def the optimal time to benefit of that. True test will be when we have a bear market and seeing that recovery.
You just made me want to buy ULTY 100% return? Yes please. All I need is for it to pay me 1 year. The rest is cream on top. thanks !
If you gave me $12 and every month I just returned $1 to you, after 1 year have you "earned" any actual profits?
@@citizenoftheyearCC That would be year 2.
@@johnnycrash_ If the NAV keeps going down at this alarming rate - the Dividends will also go down.
@@citizenoftheyearCC They would reverse split. Its a game of chicken. By then though you would have a sunk cost and maybe taxes.
@@johnnycrash_ Is that really how you want to live in retirement?
Jokes on you. I have a 400% Return on 10 shares of ULTY. 😛
ULTY IS DA BEST!
In all seriousness tho, I do agree I don't like ULTY as a regular long term hold. I typically buy put options and make money on the downside, while collecting those big fat dibadends with the extra shares, before exercising the puts.
FREE MONEY!
You are buying puts on ULTY? That actually sounds like a pretty smart strategy. Lol now we are talking the same language.
@@citizenoftheyearCC Yeah, I've made over $500 in profit while only holding 10 shares.
I mostly try to get cheap puts, then buy shared on dec day, and exercise the puts on ex day. That sells the shares back at the put strikes, and I keep all the dividend income. It's been working out really great.
ULTY pays $10k a year with $10k invested, SCHD pays $350 a year with 10k invested.😮 I would definitely go with SCHD because?? It looks like ROI would be much faster with ULTY, but you could show your friends your good NAV with an SCHD investment.
There’s a lot of things wrong with this logic and I would encourage you to really ask yourself if you understand all the risks before you put your hard earned money into this thinking you will get a 100% return. ULTY is bleeding NAV, it is not making enough to be sustainable over a long period of time. It is simply just giving you a portion of your own investment back, that is not true income. As the NAV depletes, that’s less money the fund has to work with thus less dividends in the future. I know you’re trying to be slick with that last sentence, but I can almost guarantee over a 5 year time span, SCHD will outperform ULTY.
@citizenoftheyearCC Thanks for the reply. Good advice, and I agree about the long-term 👍
I think to deal with high yield income investing you have to learn how to trade, you have to learn that skill and be on it daily to be successful with high yield , its a huge difference from growth investing , holding for long term as opposed to the constant watch of tricks and turns with trading is why growth investors run from high yield and i dont blame them , u need a trading skill and most cant do that its extremely time consuming , a whole new bag of tricks
Vast majority of people cannot do trading successfully over long periods of times. Yes this investment is not for me cause I like the set it and forget ones.
I smell a strawman here. Who has said the returns are guaranteed or that there is no risk?
Oh boy you should see my comments sections - I even have a Discord with a section called "investing sins" that calls this type of nonsense out.
Return on investment is overlooked.
People focus too much on short term gains.
@@citizenoftheyearCC I am 85 years old. My goals are short term,
DIBADEND!
I only like DIBADEND paying stocks!
It would be ok to buy 10 to 20 shares and forget about it in a robinhood fund. Anymore than that you are playing with financial grenade.
I don’t know anyone saying things like that
Not sure what specifically you are saying - but you have not met the High Yield Dibadend Warrioras
100 percent yield isn’t safe? Shocking. Lol.
Miss you on the Discord! Hope you been doing well and come back soon.
It's so shocking!
lol once you see a 100% yield....prob not that shocking!
If I needed to pick one, SCHD for the win!
Might be time I make another SCHD video.
Yieldmax warns you they are high risks
Yup the provider does a good job at that - it’s these rogue youtubers who are spreading dangerous misinformation
Thanks for video 👍
Appreciate the kind words and glad you enjoyed!
Nav erosion noooooooooooooi
The fatal words of an income investor :(
I was really trying to listen to this video with an open mind but you just sound so annoying. Let me ask you a question though if you bought ULTY and received 100% div for a year you would have received your initial investment back all other dividends would be house money and so would the stock price at that point CONY and NVY will be 100% return on investment next month so those folks that bought in to those fans from inception will have received 100% of their initial investmentand all the rest of the dividends they ever collect our bonus income
Sup Benny - sometimes the truth is uncomfortable. How are you getting a 100% when they are just returning money back to you? Do you notice how the NAV just keeps going down and down. What about all the other alternatives you could have done with you money that are doing much better? Dividends are never guaranteed. Does getting a 100% return with no risk sound realistic to you? If it was that easy why is everyone not rushing to do this?
@@citizenoftheyearCC if they returned only your money back to you NVDY and CONY would be at $0 next month. I know dividends are not guaranteed but CONY is trading close to launch date and NVDY is up $8. I can see a place for these funds in your portfolio. I like the idea of owning the stock for free in 12-16 months and receiving whatever dividend they continue to pay. I have incorporated some of these yieldmax funds into my portfolio but at heart I’m an options trader. I trade daily and weekly and have been doing well.
I get it and it's really a 2 year play in my mind. First year return of investment, second year of profit. If it holds at 100% for 2 years, you've now averaged 50% per year and that's if you get out at 0 at that time. Any NAV price remaining would just increase the yield.
I don't own any ULTY yet, I never buy a ETF as soon as it hits the market.
😂 dibadend 😂
DIBA-DIBA-DIBADENDS!
Cash flooooo
My favorite type of money
Hello 🎉
Hello 😊
Investing sins 😮
You will see some in this comments section for sure
I think Yeildmax as a whole is criminal and should be shut down
lol I don't know if I'd go that far, it's great there is opinions out there but this one especially I can't see being profitable.
meant to say Options* auto correct lol
I’m beginning to think the maximum distribution without nav erosion is around 20-25% …. Fepi , spyt
Even that might be too high lol, I think that is realistic though. After a while too much risk will lead to getting a negative return when the market doesn't do as well or does very well.
@@citizenoftheyearCC did you have a Spyi or qqqi video? What do you think of those?
Yes I have made videos about those before! I have more positive opinions on those types!