About to invest 17K into Yeildmax. Goal is to hold, reinvest for 3 years. I ran the numbers and I'm good with the possible low yield months. I'll also be adding monthly about $1k. I believe in the portfolio that Yeildmax has.
Just bought 1 Share of TSLY as an experiment @ $11.93. Never adding anymore of my own money but leaving DRIP on. Got 25 years to retirement so willbe interesting after a few years
I would put $1000 then take the divs and put it into safer stocks like jepq or schd. When you have reach 1000 in divs in other stocks. Start to split half the divs into those stocks and the other half reinvest into tsly. So if it completely crumbles. YOu will havce salvaged your initial investment.
I’m actually researching it right now and I might consider buying it this video is very helpful thank you Davis. PS. Do you think the distribution rate is very high rn because it a fairly new ETF?
Thanks! I’m guessing the distribution rate is currently high because of TSLA’s returns. The premiums from TSLA options are assumingely higher, making TSLY’s distributions larger. But like I mentioned in the video, those high distributions may not last unless TSLA price continues climbing higher.
@@daviswatkinsyt stick with two shares and wait the entire month to see if price drops then buy at a lower stock price. Like me I jumped in at 13.33 so now I am gravy
@jonathangamble... it may go down in 5 years. however i think it will follow teska. if u hold for 5 years, you will probably triple your money! until them stop with the lies!!!!
@@brahmmauer7437 - Yup, I read the 'since inception' and thought it was the 5yr lol. Still skeptical since all other tech stocks are headed up right now. But, open to see what happens.
Nothing he said was a lie. Since the inception of the fund in November of 2022, the fund has returned about 60%. If you reinvest the dividends and past performance mirrors future performance, you will double your share count every 18 months. Run your investment own investment calculator. This a fund predicated on volatility, using the volatility to harvest income from the premium associated with the synthetic covered call strategy.
Are you buying shares of TSLY?
About to invest 17K into Yeildmax. Goal is to hold, reinvest for 3 years. I ran the numbers and I'm good with the possible low yield months. I'll also be adding monthly about $1k. I believe in the portfolio that Yeildmax has.
@@TChalla007 Nice! They’re all pretty new, but might be good long term income investments.
500 shares so far.
@@brahmmauer7437 Impressive!
5100 shares
Great video!
Thank you!!
Just bought 1 Share of TSLY as an experiment @ $11.93.
Never adding anymore of my own money but leaving DRIP on. Got 25 years to retirement so willbe interesting after a few years
I would put $1000 then take the divs and put it into safer stocks like jepq or schd. When you have reach 1000 in divs in other stocks. Start to split half the divs into those stocks and the other half reinvest into tsly. So if it completely crumbles. YOu will havce salvaged your initial investment.
I'm doing this except I don't reinvest back into tsly.
Pay out so high and shares cheap no need
the difference is one I can afford TSLY and get monthly cash flow and if I own Tesla stock it could go down and no cash flow income.
Based on 0.84 per month paid in dividend comes to 72% return not 35?
I’m actually researching it right now and I might consider buying it
this video is very helpful thank you Davis.
PS. Do you think the distribution rate is very high rn because it a fairly new ETF?
Thanks! I’m guessing the distribution rate is currently high because of TSLA’s returns. The premiums from TSLA options are assumingely higher, making TSLY’s distributions larger. But like I mentioned in the video, those high distributions may not last unless TSLA price continues climbing higher.
Covered call ETFs only work on valued stocks. That’s why I’m selling my Jeff Q Tuesday morning.
Two shares? Why bother buying it? I guess you are not a believer
Two shares for now… Like I said in the video I might build up the position and update down the road.
@@daviswatkinsyt fortune favors the bold
@@daviswatkinsyt stick with two shares and wait the entire month to see if price drops then buy at a lower stock price. Like me I jumped in at 13.33 so now I am gravy
This stock's main purpose is to give cash flow to investors thats it so expect fluctuations and if you can't handle it then dont buy
TWO SHARES?😂
Yes 😂 For now. And I might build it up and post an update later
What you gonna do when the etf EVENTUALLY cuts the dividend ? Better cashout soon😂
the total value has gone down in 5 years, so you're losing money
It’s only been around since November 2022.
@jonathangamble... it may go down in 5 years. however i think it will follow teska. if u hold for 5 years, you will probably triple your money! until them stop with the lies!!!!
@@brahmmauer7437 - Yup, I read the 'since inception' and thought it was the 5yr lol. Still skeptical since all other tech stocks are headed up right now. But, open to see what happens.
People are using the monthly payout to buy into other viable etfs or stock.
Nothing he said was a lie. Since the inception of the fund in November of 2022, the fund has returned about 60%. If you reinvest the dividends and past performance mirrors future performance, you will double your share count every 18 months. Run your investment own investment calculator. This a fund predicated on volatility, using the volatility to harvest income from the premium associated with the synthetic covered call strategy.