Enjoy the channel. I am especially encouraged by the amount of folks in their 20's and 30's saving and investing in the markets. My favorite ETF's are SPYI(11%-12% annualized dividends on the S and P 500 and QQQI 12%-15% annualized on the NADAQ-100). PFFA( preferred Stocks paying 9%-10% annualized) is another great ETF. BDC's are also a great option paying 8% to 14%(OBDC, ARCC, GBDC, HTGC, CSWC, FSK and PNNT).
On TSLY you mention that it is down because TESLA is down. Correct. If TESLA goes up 20% the by design TSLY will only go up about 12% by design (prospectus). That’s the risk of High Yield ETF’s On that note I’m buying more TSLY ON Monday anyway 😅
Jepq is the best of both worlds. Capital gains with 9% + dividends. Nvdy and cony have been good for me on a bull run. I want to see how they preform on a bear run. 😮. That will be the tell all on these yield max funds. Don’t want any more reverse splits 😢
People forget that the distributions are a direct reflection of the implied volatility of the put premiums on the indexes, since these funds came out, the market has been in a bull run, so they have captured some upside, but there is very little juice in the put/extrinsic premium, when the market levels off or when the risk of downside goes up , the distributions will increase and the NAV will go up
The distributions will increase but I don't think the NAV will go up much in a down market. They will out perform their underlying though and lose less than the rest of the market generally thanks to those juicy premiums. 😁👍 That will be a good time to use the juiced up cash flow to DCA into growth stocks that have tanked and are now cheap.
If you want to arbitrage the price volatility while maximizing income, a nifty strategy you can do is invest heavily into Defiance ETFs when markets are bullish and collect income while cushioning downside risk. Then when markets plummet, DCA over to SPYT at cheaper prices as it captures more downside and upside movement to ride prices higher. You could also do this with just SPY or UPRO if you like leverage and want that pure growth arb.
That is short term thinking on their part if true. In a world of low fee funds and fee conscious investors, I'm sure they did their best to keep fees low and still be able to manage the strategy. Unfortunately with options income this dynamic, you really do need specialists to manage the trades and despite the seemingly high fees, $99 to manage $10K is cheap compared to the cost for a retail trader to execute the same strategy themselves. For the equivalent I spend about 10 times that in my brokerage account in commissions and fees in a year placing about a thousand trades a year. So either they are crazy efficient or I'm terribly inefficient. 🤔
Good call on the YMAX I add it to my IRA along with FEPI, I have a small position in KURV with Amzn and Microsoft, I had considered Apple but I it’s my third largest holding in my YM ETFs,
Yield chasing with high fees….buying n selling with fees your losing money….these should small positions to boost your yield with solid etfs like spyi and qqqi
I plan to do the opposite. I'll go all in on IWMY and ULTY, then use their dividends to buy QDTE, FEPI, and SVOL, then once I've got my fixed costs covered, will start buying into SPYT, SPYI, and QQQI. Gotta go from Max yield to lowest yield. 👍 Then when I don't need anymore income switch to growth DCA opportunities. 😉
Indeed. Hence the appeal of SPYI and QQQI. They get 60/40 long/short term tax treatment. My overall plan is to build a high yield portfolio and then as it grows through reinvestment, gradually DCA and rebalance into the more tax efficient funds as income ceases to be the priority. I always plan to ensure my portfolio will generate enough cash flow though to fund my lifestyle in the event I lose my job though. 👍
I sold out of CONY only 30 shares at a $40 profit. I pretty much bought ULTY, YMAG and FEPI with the money. I agree that diversifying into other funds is smart. I think buying too many shares of these funds is the big problem, I have 220 shares of TSLY and I'm way down. Keeping these YieldMax and Defiance funds at 100 shares or less is a safer strategy.
Keeping them around 50 shares or less is an even safer strategy. But what are we even talking about here? These are YOLO stocks. If we're talking about what's a safer strategy then don't invest in these style of YOLO stocks at all.
These funds have been great for a short period of time, 3 months, to raise money I needed for unexpected expenses. Now I have YMAX & AMZY, still making money and NAV is positive.
I think your making a good call....A depreciation assest is different from simply having a negative return for a little bit...... and qqqy as well as a few other suspects im not particularly fond of......
Im not super hot on Apple. They havent been doing anything interesting for a while. Everyone already has an iPhone or an Android device. All they basically do is put a new processor in the iPhone every year. FB already beat them to the VR sector. Not really anything going for Apple. Not going to invest with them.
I sold all my Defiance ETFs about a month ago for a small loss. Your NAV will continue to go down until they have to do a reverse stock split and you will lose half your shares. I purchased 10 shares of SPYT to see how the NAV holds up.
I never understood investing into Tesla, because their stock is just too volatile. And that is what is reflecting in TSLY, unfortunately. I think I'm also biased towards it because I don't really believe in the future of EV cars either, unless Tesla starts making hybrid cars, which I doubt they will.
@@EarthCreature. Well you can't have a true EV car without solar power. Problem is, these car manufacturers don't want to do that. And Aptera is an uglyass car anyway. 😆😆😆
I think the idea of passive income, and then I see how they perform after distribution. Share price takes big hit. Everyone sucks up the dividend, and sells, and I guess load right back up for next time, but entry each time at lower lows. Buy nad holding you will just get eaten up. I'm too small but if I ever get an extra 50k to but to work... This is good if you work it.
I still don’t know why you’d artificially stunt your own performance. If you are not actively taking out the dividend, you don’t need to be in the funds. Even if re-invested into the fund, you won’t come out on top over the next 5-10 years. Example: I’d rather have a nest egg of $1,000,000 that can dish out $80,000 a year due to the growth of the stocks - compared to a portfolio worth $500,000 of high yielding funds that dish out $50,000 and then reinvested but still lagging growth.
See, this is where things get dicey. This is only true for some of these new ETFs. But when these ETFs are ran on a winning strategy, that's not the case. Example: CONY Inception: 8-15-23 (less than 1yr) If you invested $10k into CONY and turned on DRIP, your $10k would be worth over $20,831. That's nearly 200% APY. What else can I invest in to reach these kind of numbers??
@@Burds_BuildsLTCN and BCHG. CONY is a single stock ticker. Pulling 1 fund is a complete outlier. And no ROC or taxed on the dividend paid out and then having to reinvest. Yikes.
@@EntrepreneurInvestor I think UA-cam has done something different because it’s not only your Channel it seems like everyone’s channel looks like that now and it’s hard to read the comments
I sold all TSLY a month ago after oaring down for 3 months before that. I put the sale money into ULTY and if TSLA ever makes a comeback I might rebuy but too many other choices that go up and make money instead of losing every month on TSLY.
TSLY will not come back even if Tesla rebounds. It's the nature of these funds. The synthetic gives you all the downside and very little upside. We have had one reverse split, and we'll get another one once it breaks $10 again. Distribution will shrink with price. I do like YMAX, but it's subject to the same dynamics, but over a diverse basket of ETFs. Distribution dilution is a big problem with YMAX, due to people jumping in between the lag in distribution dates. YMAX should declare and distribute the same date as all the other funds to fix this problem.
Watch the latest interview from @Retire_on_Dividends with the Defiance CEO. It'll answer your questions about the Distribution Dilution you think is a factor
TSLY will cashflow no matter what the only thing that’s happened is the time horizon is extended. Tesla will find a new trading channel and stabilize so will TSLY at that point.
TSLY is a disaster because TESLA is a disaster over the last year. It's not necessarily a blame the options trading. it's more of a con of the stock market. but tesla has defiantly had a disaster of a year.
First off, I’m subscribed to you, but bruh, you have to get some excitement to your voice, it’s literally the verbal equivalent of to watching paint Dry.
@@EntrepreneurInvestor bruh it’s every time. Not hating on you, just some constructive criticism. I like your content but you are monotone AF. You have the look to be outstanding and your content is fantastic, but you can get yourself to the next level by getting out of the, “BUELLER, BUELLER,BUELLER”, voice. It takes work to break out of habits, but I think you could be one of the great ones.
I don't understand why people like them. They don't do a real dividend! It's like a stock split.. if the stock was 23.00 then they do a 3.00 dividend.. the next day your stock is 20.00 then you get your dividend.
defiance etfs are garbage...also you are not supposed to buy & hold covered call etfs...ur supposed to buy on declaration date and then sell once the share price recovers back to your target return...then buy back in on next declaration date
Mistake. Defiance will cashflow no matter what. Same with Yieldmax yes even TSLY selling at a loss is just silly. Should’ve just stopped adding to your position and sat on it. You will cashflow eventually.
@@Labbernese77 absolutely not, that’s not what it’s designed for and anyone who bought in should have understood that before investing in it. It’s designed for income point blank period.
@@Labbernese77 do math or wait like 2-3years and then backtest, then u will see. It´s definitely casflow money which can use for paying mortage or loans and its qualified by bank as income.. but do what u want.
I'm trading TSLL and I like it a lot, but have been looking at TSLY. God thing about the they are pegged to TESLA, so they do not experience that huge drop after distribution. I made .01 off TSLL dividend last month. 600 shars, I am too small.
Enjoy the channel. I am especially encouraged by the amount of folks in their 20's and 30's saving and investing in the markets. My favorite ETF's are SPYI(11%-12% annualized dividends on the S and P 500 and QQQI 12%-15% annualized on the NADAQ-100). PFFA( preferred Stocks paying 9%-10% annualized) is another great ETF. BDC's are also a great option paying 8% to 14%(OBDC, ARCC, GBDC, HTGC, CSWC, FSK and PNNT).
On TSLY you mention that it is down because TESLA is down. Correct. If TESLA goes up 20% the by design TSLY will only go up about 12% by design (prospectus).
That’s the risk of High Yield ETF’s
On that note I’m buying more TSLY ON Monday anyway 😅
Jepq is the best of both worlds. Capital gains with 9% + dividends. Nvdy and cony have been good for me on a bull run. I want to see how they preform on a bear run. 😮. That will be the tell all on these yield max funds. Don’t want any more reverse splits 😢
I feel like NVDY and CONY will perform poorly in a bear run similar to how TSLY has performed.
All YieldMax funds will perform poorly when the reference asset is down.
People forget that the distributions are a direct reflection of the implied volatility of the put premiums on the indexes, since these funds came out, the market has been in a bull run, so they have captured some upside, but there is very little juice in the put/extrinsic premium, when the market levels off or when the risk of downside goes up , the distributions will increase and the NAV will go up
Good point
The distributions will increase but I don't think the NAV will go up much in a down market. They will out perform their underlying though and lose less than the rest of the market generally thanks to those juicy premiums. 😁👍 That will be a good time to use the juiced up cash flow to DCA into growth stocks that have tanked and are now cheap.
If you want to arbitrage the price volatility while maximizing income, a nifty strategy you can do is invest heavily into Defiance ETFs when markets are bullish and collect income while cushioning downside risk. Then when markets plummet, DCA over to SPYT at cheaper prices as it captures more downside and upside movement to ride prices higher. You could also do this with just SPY or UPRO if you like leverage and want that pure growth arb.
I think SVOL is better
SVOL is a hidden gem that wont be hidden for long.
Any fund that cuts into a NAV and charges high fees, managers do not care about its performance. Managers made their money with high fees.
That is short term thinking on their part if true. In a world of low fee funds and fee conscious investors, I'm sure they did their best to keep fees low and still be able to manage the strategy. Unfortunately with options income this dynamic, you really do need specialists to manage the trades and despite the seemingly high fees, $99 to manage $10K is cheap compared to the cost for a retail trader to execute the same strategy themselves. For the equivalent I spend about 10 times that in my brokerage account in commissions and fees in a year placing about a thousand trades a year. So either they are crazy efficient or I'm terribly inefficient. 🤔
No this is valid statement when you look at their options they have not been doing well and all these etfs cannot outperform the index or underlying
Good call on the YMAX I add it to my IRA along with FEPI, I have a small position in KURV with Amzn and Microsoft, I had considered Apple but I it’s my third largest holding in my YM ETFs,
Yield chasing with high fees….buying n selling with fees your losing money….these should small positions to boost your yield with solid etfs like spyi and qqqi
I plan to do the opposite. I'll go all in on IWMY and ULTY, then use their dividends to buy QDTE, FEPI, and SVOL, then once I've got my fixed costs covered, will start buying into SPYT, SPYI, and QQQI. Gotta go from Max yield to lowest yield. 👍 Then when I don't need anymore income switch to growth DCA opportunities. 😉
I’m selling all of my qqqy iwmy and Sqy. And splitting the money between nvdy and ulty hoping my move is a good one
what is your return after-tax? These ETFs are being taxed as non-qualified dividend which means they are being taxed as income.
Indeed. Hence the appeal of SPYI and QQQI. They get 60/40 long/short term tax treatment. My overall plan is to build a high yield portfolio and then as it grows through reinvestment, gradually DCA and rebalance into the more tax efficient funds as income ceases to be the priority. I always plan to ensure my portfolio will generate enough cash flow though to fund my lifestyle in the event I lose my job though. 👍
Your account is up 4% this year dude the s&p is up 11% this year . You buy sell buy sell its a hot mess.
I sold out of CONY only 30 shares at a $40 profit. I pretty much bought ULTY, YMAG and FEPI with the money. I agree that diversifying into other funds is smart. I think buying too many shares of these funds is the big problem, I have 220 shares of TSLY and I'm way down. Keeping these YieldMax and Defiance funds at 100 shares or less is a safer strategy.
Keeping them around 50 shares or less is an even safer strategy.
But what are we even talking about here?
These are YOLO stocks. If we're talking about what's a safer strategy then don't invest in these style of YOLO stocks at all.
I did same sold cony brought ulty
@@Kdub5150 I did not do the same. I bought ULTY, and bought CONY
I’m building up my QQQY position to 100 shares, all bought with dividends from TSLY, CONY, OARK, AMZY etc.
Interesting, your investment was free
Salute, try combining JEPY + SPY, QQQY + QQQM, IWMY + IWM. With 60/40 or 70/30. More on growth less on Yields.
These funds have been great for a short period of time, 3 months, to raise money I needed for unexpected expenses. Now I have YMAX & AMZY, still making money and NAV is positive.
Never a fan of those (2) Defiance ETF’s, you just validated my viewpoint on them.
I think your making a good call....A depreciation assest is different from simply having a negative return for a little bit...... and qqqy as well as a few other suspects im not particularly fond of......
My Roth has 100 shares each of IWMY and QQQY as feeders for other positions playing tax free.... last month was $190
Neos ETFs and Fepi .
So, the best one to invest long term (roll these dividends) is FEPI, correct?
So far I really like FEPI, not sure if it's the "best etf" tho
FEPI is another great choice IMO.
Impressed with strong NAV with YMAX.
I was planning to do exactly the same.
I am keeping QQQY as one of the ETF's in my monthly wheel
Thanks for sharing brother! I am loading up on YMAX also. Enjoyed!
Im not super hot on Apple. They havent been doing anything interesting for a while. Everyone already has an iPhone or an Android device. All they basically do is put a new processor in the iPhone every year. FB already beat them to the VR sector. Not really anything going for Apple. Not going to invest with them.
I sold all my Defiance ETFs about a month ago for a small loss. Your NAV will continue to go down until they have to do a reverse stock split and you will lose half your shares. I purchased 10 shares of SPYT to see how the NAV holds up.
you still get same amount in dividend
what happens when you get your initial investment back?
lets hope its possible!
I never understood investing into Tesla, because their stock is just too volatile. And that is what is reflecting in TSLY, unfortunately. I think I'm also biased towards it because I don't really believe in the future of EV cars either, unless Tesla starts making hybrid cars, which I doubt they will.
Tesla's are for fools. Same for hybrid vehicles.
Aptera is the future
@@EarthCreature. Well you can't have a true EV car without solar power. Problem is, these car manufacturers don't want to do that. And Aptera is an uglyass car anyway. 😆😆😆
I'm liking your investment style, it's always in flux.
THTA is underrated btw
Oh I think I'd sell TSLY long before Defiance.
So in one year, these high-yield etfs are underperforming a savings account?
I don't think the dividends are included in robinhood charting. That is just capital appreciation.
Robinhood shows your cash balance. Dividends and additional capital are included in that calculation.
Svol > all that other 💩
I think the idea of passive income, and then I see how they perform after distribution. Share price takes big hit. Everyone sucks up the dividend, and sells, and I guess load right back up for next time, but entry each time at lower lows. Buy nad holding you will just get eaten up.
I'm too small but if I ever get an extra 50k to but to work... This is good if you work it.
I still don’t know why you’d artificially stunt your own performance. If you are not actively taking out the dividend, you don’t need to be in the funds. Even if re-invested into the fund, you won’t come out on top over the next 5-10 years.
Example: I’d rather have a nest egg of $1,000,000 that can dish out $80,000 a year due to the growth of the stocks - compared to a portfolio worth $500,000 of high yielding funds that dish out $50,000 and then reinvested but still lagging growth.
See, this is where things get dicey. This is only true for some of these new ETFs. But when these ETFs are ran on a winning strategy, that's not the case.
Example: CONY
Inception: 8-15-23 (less than 1yr)
If you invested $10k into CONY and turned on DRIP, your $10k would be worth over $20,831.
That's nearly 200% APY.
What else can I invest in to reach these kind of numbers??
Growth isn't worth shit.
@@Burds_Buildsthis what I'm on
@@Burds_BuildsLTCN and BCHG. CONY is a single stock ticker. Pulling 1 fund is a complete outlier. And no ROC or taxed on the dividend paid out and then having to reinvest. Yikes.
LTCN is up over 400% in the past 6 months. Growth beats all.
Bro I can’t read the comments in that white font can you change it please
What are you talking about?
@@EntrepreneurInvestoryou can’t see that the background is white and so are the comments and title of the videos?
@@EntrepreneurInvestor I think UA-cam has done something different because it’s not only your Channel it seems like everyone’s channel looks like that now and it’s hard to read the comments
@@mtb883 nope im on my phone right now but i’ve never had the problem you are having
I sold all TSLY a month ago after oaring down for 3 months before that. I put the sale money into ULTY and if TSLA ever makes a comeback I might rebuy but too many other choices that go up and make money instead of losing every month on TSLY.
TSLY will not come back even if Tesla rebounds. It's the nature of these funds. The synthetic gives you all the downside and very little upside. We have had one reverse split, and we'll get another one once it breaks $10 again. Distribution will shrink with price. I do like YMAX, but it's subject to the same dynamics, but over a diverse basket of ETFs. Distribution dilution is a big problem with YMAX, due to people jumping in between the lag in distribution dates. YMAX should declare and distribute the same date as all the other funds to fix this problem.
How can you claim that's the nature of these funds when there is no LONG TERM data supporting that statement?
Watch the latest interview from @Retire_on_Dividends with the Defiance CEO. It'll answer your questions about the Distribution Dilution you think is a factor
TSLY will cashflow no matter what the only thing that’s happened is the time horizon is extended. Tesla will find a new trading channel and stabilize so will TSLY at that point.
TSLY is a disaster because TESLA is a disaster over the last year. It's not necessarily a blame the options trading. it's more of a con of the stock market. but tesla has defiantly had a disaster of a year.
First off, I’m subscribed to you, but bruh, you have to get some excitement to your voice, it’s literally the verbal equivalent of to watching paint Dry.
Haha this was at 6am saturday morning before working all day
@@EntrepreneurInvestor bruh it’s every time. Not hating on you, just some constructive criticism. I like your content but you are monotone AF. You have the look to be outstanding and your content is fantastic, but you can get yourself to the next level by getting out of the, “BUELLER, BUELLER,BUELLER”, voice. It takes work to break out of habits, but I think you could be one of the great ones.
Quite opposite. He must continue slow talking. Steroid, deep voice, fast talking testosterone junkies belong in gym, not in investing world.
@@nebojsa1976 I smell Jelly coming from you. I’m 48, in shape and I can run circles around guys Half my age. I’ve been trading for 30 Years.
The only people making money on defiance and yieldmax ETFs are defiance and yieldmax..
I don't understand why people like them. They don't do a real dividend! It's like a stock split.. if the stock was 23.00 then they do a 3.00 dividend.. the next day your stock is 20.00 then you get your dividend.
@@bunkeyscowthat’s how ALL dividends work. 🤦🏻♂️
And all the people making money investing in them.
Say that to the person who dropped $10k on CONY at Inception and is now sitting at $20k without a single extra investment Except his DRIP on.
@@bunkeyscowthat’s also not how a stock split works either.
I sold all my defiance ETF at a lost.
defiance etfs are garbage...also you are not supposed to buy & hold covered call etfs...ur supposed to buy on declaration date and then sell once the share price recovers back to your target return...then buy back in on next declaration date
@@FA9082I’d like to see your math on that. You’re making the assumption the price will do what you want when you want.
Excellent strategy to lock in your loss. Hope you reinvest in something that will make up for it.
@@FA9082 let’s see your math. It’s really difficult to dividend capture. these equities You don’t know what the price is going to do.
I rather have a NAV that is consistent rather than decreasing, i believe SVOL and JEPQ is consistent unlike YieldMax and Defiance.
Defiance is not a good investment. I’ve sold the bulk of my positions as well.
Mistake. Defiance will cashflow no matter what. Same with Yieldmax yes even TSLY selling at a loss is just silly. Should’ve just stopped adding to your position and sat on it. You will cashflow eventually.
@@WhatsUpWithJamesbut will it beat the indexes,,, like qqq or VGT long term???
@@Labbernese77 absolutely not, that’s not what it’s designed for and anyone who bought in should have understood that before investing in it. It’s designed for income point blank period.
@@WhatsUpWithJamesI don’t make decisions lightly.
Nor do I care about a random opinion.
You do you.
@@Labbernese77 do math or wait like 2-3years and then backtest, then u will see. It´s definitely casflow money which can use for paying mortage or loans and its qualified by bank as income.. but do what u want.
Loading up on Spyt Ymax and Fepi
AAPY IS A JOKE AVG DAILY VOLUME 455 NO LIQUID
its fine
I'm trading TSLL and I like it a lot, but have been looking at TSLY. God thing about the they are pegged to TESLA, so they do not experience that huge drop after distribution. I made .01 off TSLL dividend last month. 600 shars, I am too small.