Looks like all of them are down this week, but then again we've had the holidays so a few non-trading days and the market's been weak for the last couple of weeks. As always, thanks for the content, I look for your videos every declaration day.
Steve, thank you the update. I am curious what FIVY and FEAT will bring to us. Both of them started in December of 2024 and the distribution will be announced soon.
I highly doubt that the holidays had much to do with it. The stock market was closed to what, a couple of days or so? Many other months it closes for a holiday or two and it didn't suffer like this. I hope Yieldmax gets back on track and i hope ULTY (and other funds) stabilizes more
Stevo, my RH account was compromised last night. It effed me up so much, I missed seeing your smiling face first thing this am. That’s like missing church on Sunday morning….blasphemous!
ULTY cant afford to pay high divs anymore, besides the Powell that sank the market, since then its been trending sideways an up, but ULTY cant recover, at this rate its headed for a seven to eight dollar stock paying .30 to .40 going forward
There's nothing wrong with YMAX and YMAG's nav, when the whole market is down they are down too. And roundhill is down as well. If you want half the yield, go ahead and switch to roundhill. But I have had QDTE for some time, and YMAX is just as NAV stable.
Thanks for the information and I think we need to put things in perspective since not that long ago 8 to 12% was considered risky and now under 50% and we are underwhelmed which I as well with these returns. I also have a lot of money spread around for example the Neos funds QQQI, IWMI and SPYI which pay 12 to 14% and I also love the Fex and Fang AIPI and FEPI which have no NAV erosion at all. But since I am 60 I have I have quite a few other positions such CEF’s, BDC’s and CLO’s which are not subject to market fluctuations. Thanks Steve
Can hedge with micro futures contracts. Low margin and no premium erosion. Many assume no long bear market but history shows otherwise. My accounts made money today but my YMax and YMag were down sharply. This keeps NAV very stable while you collect dividends.
@@SoCalStevo I have never had significant NAV erosion on a monthly close basis. Yes, you can lose some money if indexes go higher and our ETFs don't follow 100%- but they do 85% of the time as you will see if you run a correlation calculation to the S&P 500. Many think you can't take a big hit, but I have traded since 1971 and been a money manager, broker, etc. I can tell you I have witnessed periods of big losses that last for years. This is what I do and would not be without a hedge. If you can keep NAV buoyant, this is a goldmine because of the dividend yields. Just relax and collect the generous weekly income.
Love YMAG. It's been a year and it still hovers around the $20.00 range, and the yield match YMAX. On CS it is 30 % maintenance so it is better for me then YMAX which is 50%. I have both but I have double the amount of YMAG over YMAX.
Looks like all of them are down this week, but then again we've had the holidays so a few non-trading days and the market's been weak for the last couple of weeks. As always, thanks for the content, I look for your videos every declaration day.
Underwhelming to start off the New Year but its a long race not a sprint! Greetings from the NJ Steve. Keep up the great work !
I was expecting less for ULTY, but I will take it. This would help the ETF to recover faster
I agree, Stevo, can’t have 5 paydays in a month and expect them all to be glorious
CONY & ULTY make up my portfolio at the moment and I’m extremely happy.. very good average
Wow CONY is bad news!!!! Smh 🤦♀️ big bummer! Hopefully MSTY will make up for it!!!
They did ok. We just had 2 holiday weeks with like 3 1/2 trading day. Depending on market should be getting better over next few weeks.
More dibs for YBTC ...ty Stevo..have a great day
Steve, thank you the update. I am curious what FIVY and FEAT will bring to us. Both of them started in December of 2024 and the distribution will be announced soon.
FEAT should be about 70% yield, which would be great! FIVY we'll have to see, but I'm guessing something like 30% yield.
I highly doubt that the holidays had much to do with it. The stock market was closed to what, a couple of days or so? Many other months it closes for a holiday or two and it didn't suffer like this. I hope Yieldmax gets back on track and i hope ULTY (and other funds) stabilizes more
Holiday light... going forward I would think higher volatility and higher trade volume will Drive higher distributions
Why do I decide to sell ULTY, and then always keep them..
Stevo, my RH account was compromised last night. It effed me up so much, I missed seeing your smiling face first thing this am. That’s like missing church on Sunday morning….blasphemous!
Hope all is well with you and your account!
@@SoCalStevo thanks, all good now. RH is a good platform, their customer service, if, IF you can get someone is dreadful.
Hope they're keeping for the NAV
I was hoping for 17 cents from ymag but still cool with the 140 bucks well get paid.. snatching up cony on the drip today..
Dip buy!
YMAX and YMAG for the win 🏆
I’m all in with YMAX, still debating buying a lot of YMAG
I agree. I am not into the BIGY or SOXY.
I have not got my cony dividend Yet
Crappy week. Oh well, still heavy in YMAX.
I thought Wed is declaration date?
Market close on Thursday for President Carter.
A little on the ugly side but still thankful for dividends
beats digging ditches for a living
Not interested in the new funds 12 precent yield is not that attractive considering that there are better funds out there
ULTY cant afford to pay high divs anymore, besides the Powell that sank the market, since then its been trending sideways an up, but ULTY cant recover, at this rate its headed for a seven to eight dollar stock paying .30 to .40 going forward
Ymax and ymag are paying lower dividends than expected... If they keep going like this and loosing nav, I'll switch to Roundhill...
There's nothing wrong with YMAX and YMAG's nav, when the whole market is down they are down too. And roundhill is down as well. If you want half the yield, go ahead and switch to roundhill. But I have had QDTE for some time, and YMAX is just as NAV stable.
😊
Are you looking forward to LFGY?
Absolutely!
Thanks for the information and I think we need to put things in perspective since not that long ago 8 to 12% was considered risky and now under 50% and we are underwhelmed which I as well with these returns. I also have a lot of money spread around for example the Neos funds QQQI, IWMI and SPYI which pay 12 to 14% and I also love the Fex and Fang AIPI and FEPI which have no NAV erosion at all. But since I am 60 I have I have quite a few other positions such CEF’s, BDC’s and CLO’s which are not subject to market fluctuations. Thanks Steve
For a 12% yielder I love SPYI!
Seems like one payment .14/.17. And the. The last 2 of the month are .20/.24
Can hedge with micro futures contracts. Low margin and no premium erosion. Many assume no long bear market but history shows otherwise. My accounts made money today but my YMax and YMag were down sharply.
This keeps NAV very stable while you collect dividends.
Great idea Dr. G!
@@SoCalStevo I have never had significant NAV erosion on a monthly close basis. Yes, you can lose some money if indexes go higher and our ETFs don't follow 100%- but they do 85% of the time as you will see if you run a correlation calculation to the S&P 500.
Many think you can't take a big hit, but I have traded since 1971 and been a money manager, broker, etc. I can tell you I have witnessed periods of big losses that last for years. This is what I do and would not be without a hedge.
If you can keep NAV buoyant, this is a goldmine because of the dividend yields. Just relax and collect the generous weekly income.
What's happening with YMAX today? Down 1.6% while all other markets are mostly flat.
YMAX contains bitcoin related funds, so that can affect it too. Great buying opportunity!
@@SoCalStevo Perfecto!! Thank you. Added some YMAX and YMAG today
Makes sense to add YMAG to the portfolio. It’s been killing it
Love YMAG. It's been a year and it still hovers around the $20.00 range, and the yield match YMAX. On CS it is 30 % maintenance so it is better for me then YMAX which is 50%. I have both but I have double the amount of YMAG over YMAX.
Target 12, nope, no thanks
No interest in the first two ETFs 💯
What is a small Position ( YMAG) for You 🫣🤔?
A few hundred shares
@@SoCalStevo Ahh, ok 👍, I bought 100 YMAG today. Thanks for your answer. Now I know what a small position is in America 😅
@@Swissler73small position is relative to whoever, where ever they are from.