Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 22k and I’m up with 138k in a short period of time. Thanks to Loraine Souvenir.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Yep.. it’s my largest position because MSTY requires a lot more space.. while NVDY & TSLY need help from friends to really optimize those weeks yield. CONY is a fickle bitch though. We have an abusive relationship. I fell up some stairs, but she puts out basically.
Or you could put your whole 53k into MSTY and make $6k/mo. TSLY and NVDY are due for a pullback anyway. CONY, who knows? But you could reinvest that MSTY money for a couple months and then split it up again if MSTY starts to falter.
You need to follow the Yieldmax pay schedule for payment dates. You might have bought just after the dividend payment date? I did the same when began investing with Yieldmax.
@@iroc341that’s assuming someone didn’t reinvest back into the fund which most of these clowns are doing. Then ur initial capital is eroding and also the money they reinvested is also eroding. Yikes.
@MAJMMAJ ULTY didn't change their prospectus and trading strategies til last week of October so it's only been 2.5 months of trading and since then it's held nav ok considering market has been down in most sectors these last 2 months as well
@ it did great last year …off to a bad one this year. I got mine at $15.50 and thought it was a good entry point but so far not so much…I’ll just hold and see what happens. I’m getting $330 back from distribution this Friday but down about $1200 😬
Finally.. this is what I’ve been running as my base for about 5 months.. I’m doing $500 a week with less than a 25k account. Now I’m pairing their inverse to give it a little durability kind of..YMAG and YMAX can’t match the yield of these as the anchors.. this is a painful strategy, but it works.
Painful.. as in, mind your buffer and know your limits.. then give it a little more. Don’t scale too fast. It’s super tempting. Things are great sometimes so take the inverse of how good it is and add a deviation.. that’s how bad it can reasonably be. That’s important to understand.
Now these are not enough by themselves and so you need a 2ndary yielder to compliment in each group. An issue I find with stuff like SQY, is while it yields well, it takes up a lot of room (margin).. same with like AIYY.. no, PLTY, AMZY, NFLY, FYBY.. I have 200 shares of SNOY and that’s dumb.. it doesn’t have the liquidity to sell covered calls well.. can’t get out. I won, but I shouldn’t have. Then I have about 50 shares of the inverse in each group.. it does more than 500$ a week and it is less than 25k.. PLTY is a special kind of creature.
Somehow I sold a deep in the money covered call (all the way) well like a tool on SNOY and won on expiration day. I bought a call to offset because I thought it might be a “bad” loss (not really).. nope. It’s funny how a win can shake you more than a loss though. That definitely made me take a step back and go hmm.. 🧐 .. I don’t want to do that again, but don’t be hasty and just buy something to cover.. let things develop.. I guess that’s what I learned there. It allowed me to quickly buy more shares of MSTY, but it was fucking stressful.
If you want durability just get some schd or something similar. At least maintain in an up market and not get wrecked 85% of the time like the inverses 🤷♀️
@ theoretically then buy the day before ex dividend date, sell day after ex dividend date and chill without worrying about the volatility of these ETFs huh
I disagree. A real degenerate would get a job, then get a loan and use a $10,000-$30,000 loan to get started and the dividends to pay back the loan. If it doesn't work out file bankruptcy.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 22k and I’m up with 138k in a short period of time. Thanks to Loraine Souvenir.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
She's really good in studying the market and making a strategy and i am learning so much from her already...
CONY should do well in the next 6-11 months 🤑
@@Senior2020 let’s go 👊🏽
Yep.. it’s my largest position because MSTY requires a lot more space.. while NVDY & TSLY need help from friends to really optimize those weeks yield. CONY is a fickle bitch though. We have an abusive relationship. I fell up some stairs, but she puts out basically.
Love the vids man ❤
Or you could put your whole 53k into MSTY and make $6k/mo. TSLY and NVDY are due for a pullback anyway. CONY, who knows? But you could reinvest that MSTY money for a couple months and then split it up again if MSTY starts to falter.
Looks like I'm going to end up doing 5k in CONY & 5k In MSTY
@@ebaz817 was just thinking this lol
thanks for the video... great info
This was very helpful in estimating potential results. Thank you!
I looked in the web to see the next dividend of Cony. I saw there isn't dividend at all in February. Is it true?
Excellent video🎉🎉🎉🎉❤
Thank you!
I would keep working and compound my dividends + diversify.
How soon do you receive the dividend if you bought it last month? I have received any dividend and I have these four etfs.
Jeez man. Maybe u should stick to index investing.
** I have not received the dividend...
You need to follow the Yieldmax pay schedule for payment dates. You might have bought just after the dividend payment date? I did the same when began investing with Yieldmax.
Depending on your brokerage account you should be getting paid every Friday. (Fidelity)
Is ulty still worth it? It did drop below 9. Thoughts on this doing a reverse split and if so should we wait?
ULTY is down 35% in the last 6 months and div payouts are down 50% in the last 6 months.
@@MJ_MAJ But when you're playing with house money who cares. They keep paying.
@@iroc341 Its a sinking ship. Any money you have in it now, will be worth less in 6 months regrdless of where it came from.
@@iroc341that’s assuming someone didn’t reinvest back into the fund which most of these clowns are doing. Then ur initial capital is eroding and also the money they reinvested is also eroding. Yikes.
@MAJMMAJ ULTY didn't change their prospectus and trading strategies til last week of October so it's only been 2.5 months of trading and since then it's held nav ok considering market has been down in most sectors these last 2 months as well
Great video! Thank you for sharing and breaking down with the top weekly yieldmax etfs. People don’t need millions in the bank to retire these days.
Great info 👍🏾
Are you worried about cony dropping recently?
i don't have any
@@EntrepreneurInvestorany thoughts who carry CONY?
Cony is worst etf ..why is it sucking so bad
@ it did great last year …off to a bad one this year. I got mine at $15.50 and thought it was a good entry point but so far not so much…I’ll just hold and see what happens. I’m getting $330 back from distribution this Friday but down about $1200 😬
whenever the market does a rally it has to pull back. Thats all this is
Finally.. this is what I’ve been running as my base for about 5 months.. I’m doing $500 a week with less than a 25k account. Now I’m pairing their inverse to give it a little durability kind of..YMAG and YMAX can’t match the yield of these as the anchors.. this is a painful strategy, but it works.
Painful.. as in, mind your buffer and know your limits.. then give it a little more. Don’t scale too fast. It’s super tempting. Things are great sometimes so take the inverse of how good it is and add a deviation.. that’s how bad it can reasonably be. That’s important to understand.
Now these are not enough by themselves and so you need a 2ndary yielder to compliment in each group. An issue I find with stuff like SQY, is while it yields well, it takes up a lot of room (margin).. same with like AIYY.. no, PLTY, AMZY, NFLY, FYBY.. I have 200 shares of SNOY and that’s dumb.. it doesn’t have the liquidity to sell covered calls well.. can’t get out. I won, but I shouldn’t have. Then I have about 50 shares of the inverse in each group.. it does more than 500$ a week and it is less than 25k.. PLTY is a special kind of creature.
Somehow I sold a deep in the money covered call (all the way) well like a tool on SNOY and won on expiration day. I bought a call to offset because I thought it might be a “bad” loss (not really).. nope. It’s funny how a win can shake you more than a loss though. That definitely made me take a step back and go hmm.. 🧐 .. I don’t want to do that again, but don’t be hasty and just buy something to cover.. let things develop.. I guess that’s what I learned there. It allowed me to quickly buy more shares of MSTY, but it was fucking stressful.
If you want durability just get some schd or something similar. At least maintain in an up market and not get wrecked 85% of the time like the inverses 🤷♀️
As long as you own it on ex dividend date, you will receive the dividend. Yea?
A day before for safety
@ theoretically then buy the day before ex dividend date, sell day after ex dividend date and chill without worrying about the volatility of these ETFs huh
What was this sudden huge drop from YMAX today? Will it ever gain back the 18 mark?
@@DhirajDedhia-z8v underlying etfs went down
@EntrepreneurInvestor Thank you. Is it an opportunity to buy more or just wait and watch while it regains 18 mark again?
The problem is that msty and nvdy are expensive. It would be a bad time to start. It is important for beginners to know this.
Expensive is realtive
Good strategy for peace of mind
Kurvs tslp outperformed along with all their other single stock etfs
This is the combo I am most interested in, so thanks! Would like to see YBTC & QDTE added in to get to $5k/month
Maybe $100 every month to begin with might be more practical for beginners.
I disagree. A real degenerate would get a job, then get a loan and use a $10,000-$30,000 loan to get started and the dividends to pay back the loan. If it doesn't work out file bankruptcy.
Jesus you are hardcore 😂
👌👏🙂👍
Cony last dividend was small. Just 0.8 dollar. Maybe the celebrations is about to end ?
This depends greatly on bitcoin. Long-term betting against bitcoin may be bad for your health. Don't bet against bitcoin.