Best one so far brother. 11 months of investing. $177k saved, debts cleared, and a portfolio just shy of a quarter million. Taking investing into consideration last year was worth it in retrospect.
@@fraymll both YBTC & YBTH has good NAV and both still give good dividend, the point that YBTC will beat LFGY in long run the inevitable weekness of yieldmax is that LFGY NAV will severely decline that will negative offset any good dividend it is giving.
@@fraymll The point is not YETH beating YBTC both crypto underlyer covered calls both were under roundhill both have steady NAV not bad for crypto CC and both good dividend, his point was YBTC will crush LFGY long term which Yieldmax is infamous for NAV erosion although they give good dividend it negatively offset NAV. Just my constructive criticism on yieldmax.
Hey, very informative video! Just curious, do all taxes from the dividends hurt your gains to make it worth it over growth etfs that you don't realize the gains on?
Im waiting for huge LFGY NAV erosion as what yieldmax fund consistently show then that will be my entrypoint, next month expecting it to be $30 already, finger crossed!
@@simplyjeff5001 that is why you have to invest on the downside not on the high so you captured both worlds yield and dividend, and its nice to look at, plus you can do a swing trade if yield gives you attractive returns equals to your 6 months of dividends...
I just put 500$ into YBTC on Wednesday. DRIP turned on within my ROTH. Just as a little experiment to see what happens over the next 12 months. (My version of a BTC play so to speak. ) Already have Private equity in BTC mining companies. So I decided to dip into these weekly reinvestments. If it does well over 12 months I'll consider adding 100/mo into YBTC for a few years and see what happens. (It currently only makes up 1.2% of my total portfolio. )
High quality video content! I have another question: someone transferred me some TRC20 USDT and I have recovery phrases: 「pride pole obtain together second when future mask review nature potato bulb」 How can I monetize them?
every one of those weekly dividends have been consistently down since conception...so the gain you make from weekly dividends barely makes up for the loss in stock price....idk about this scheme...
That’s why real people don’t do this method. If the stock market tanks so does his divs. Whatever margin he’s holding is fked, these stocks also have high decay.
Not all of them but alot. Look at each one individually. Amzy has held pretty well. Also stay away from most weeklies. There are ones that are more geared to holding nav, they just give less. Aipi and gaix would be two lower paying ones but hold better. Then you have things like spyi at 12%a year but the nav should go up. Anything over 12% a yr you should plan on reinvesting some of the dividends and not spending it all.
My friend, thanks to you and your videos, (not financial advice of course), I will hit just above $50,000 with tomorrow's dividend payment. So please keep making those videos. They are really helpful. Thank you very much.
Best one so far brother. 11 months of investing. $177k saved, debts cleared, and a portfolio just shy of a quarter million. Taking investing into consideration last year was worth it in retrospect.
It's Kimberly Ann Doran doing, she's changed my life.
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
@Fxdoran6 ..that's it .
Please tell her that I reffed you 👍
She’ll guide you💯
I already bought LFGY, MARO and YBTC this morning.
lfgy already dropped like a rock
Ybtc will crush lfgy long term.
@@joshingyou40 agree.
I have both as diversification.
YETH i think is beating YBTC😮
@@fraymll both YBTC & YBTH has good NAV and both still give good dividend, the point that YBTC will beat LFGY in long run the inevitable weekness of yieldmax is that LFGY NAV will severely decline that will negative offset any good dividend it is giving.
@@fraymll The point is not YETH beating YBTC both crypto underlyer covered calls both were under roundhill both have steady NAV not bad for crypto CC and both good dividend, his point was YBTC will crush LFGY long term which Yieldmax is infamous for NAV erosion although they give good dividend it negatively offset NAV. Just my constructive criticism on yieldmax.
Hey, very informative video! Just curious, do all taxes from the dividends hurt your gains to make it worth it over growth etfs that you don't realize the gains on?
Im waiting for huge LFGY NAV erosion as what yieldmax fund consistently show then that will be my entrypoint, next month expecting it to be $30 already, finger crossed!
NAV erosion doesn't stop unless they change their strategy.
@HateDietPepsi so? My point is why will I buy at $50 when the following month stocks become $30 or $25?
It seems like you are reinvesting a lot and your portfolio isn’t moving.
@@simplyjeff5001 that is why you have to invest on the downside not on the high so you captured both worlds yield and dividend, and its nice to look at, plus you can do a swing trade if yield gives you attractive returns equals to your 6 months of dividends...
@ But at 25 or 30 they are paying half the distribution, that's why the NAV erodes slower.
I just put 500$ into YBTC on Wednesday. DRIP turned on within my ROTH. Just as a little experiment to see what happens over the next 12 months. (My version of a BTC play so to speak. ) Already have Private equity in BTC mining companies. So I decided to dip into these weekly reinvestments. If it does well over 12 months I'll consider adding 100/mo into YBTC for a few years and see what happens. (It currently only makes up 1.2% of my total portfolio. )
I've been buying MRNY the past couple weeks. Granted its only been 100 shares so far.
Buy cheap it’ll go back just needs time
Whats a good entry point for misty?
Under 29. It’s 27 rn so that’s a still
Average in but its not bad right now for a starting point.
Thanks
High quality video content! I have another question: someone transferred me some TRC20 USDT and I have recovery phrases: 「pride pole obtain together second when future mask review nature potato bulb」 How can I monetize them?
Yea, like all the other YM funds NAV erosion will kill your account. Dumped all my Yield Max funds
No love talk about FBY
every one of those weekly dividends have been consistently down since conception...so the gain you make from weekly dividends barely makes up for the loss in stock price....idk about this scheme...
The point might be only for income... In other words, making money might not be the objective.
That’s why real people don’t do this method. If the stock market tanks so does his divs. Whatever margin he’s holding is fked, these stocks also have high decay.
Not all of them but alot. Look at each one individually. Amzy has held pretty well. Also stay away from most weeklies. There are ones that are more geared to holding nav, they just give less. Aipi and gaix would be two lower paying ones but hold better. Then you have things like spyi at 12%a year but the nav should go up. Anything over 12% a yr you should plan on reinvesting some of the dividends and not spending it all.
My friend, thanks to you and your videos, (not financial advice of course), I will hit just above $50,000 with tomorrow's dividend payment. So please keep making those videos. They are really helpful. Thank you very much.