If I had $360k, I would allocate $100k to tech stocks and $260k to dividend stocks with a proven track record-focusing on capital appreciation and year-over-year dividend growth.
In my opinion, adding JEPI and JEPQ is a smart move. When it comes to higher-risk investments, the key is balancing risk tolerance with long-term goals.
The market isn’t necessarily a rollercoaster if you understand how to navigate it. There are numerous opportunities right now to generate good profits. If you’re not deeply familiar with the market, consider buying and holding strong companies with solid earnings, or consulting advisors for insights on ETFs and actively managed funds. That’s the strategy my spouse and I follow, and we've seen over 30% capital growth, not counting dividends.
Finding financial advisors like Rebecca Lynne Buie, who can help shape your portfolio, would be a wise choice. Challenging times are ahead, and solid personal financial management will be crucial.
Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.. Investment should always be on any creative man's heart for success in life .
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken
Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well
Stacey Macken is a retirement manager and investment/savings expert, in ranks with Cathie woods and Warren, has demonstrated expertise in investment strategies and has been involved in managing and providing financial guidance globally
Watching the Market with detailed logical explanations from my coach has been an incredible experience. It's rare to find someone who explains their thought process while in the Market. Here, we have a true expert who thoroughly explains everything-from managing trades and identifying key confluences to understanding what to look for when in the Market. They also teach how to manage emotions during trading. It's truly remarkable to watch you along side during this times . Your efforts are outstanding, and I am now addicted to this channel's content. It's hard to find such high-quality lessons anywhere else. Thank you Sir, for your invaluable teachings. ... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay's, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Francine goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
NVDY has had a total return of 178% since inception. For those who are willing to reinvest 20 - 25% of the 70% yield back in, it should offset any potential nav loss. This ETF is for those looking to live on dividends, not for those looking to grow their capital long term.
Of course you can claim that when you have a stock that ran up nicely since NVDY came out. Imagine your scenario for TSLY for those that thought the same thing that you are thinking now But that said, if you think this strategy works then buying the underlying and selling shares would give you way better results. Just taking NVDA and NVDY (ALL dividends reinvested) your total return since NVDY came out was 101% versus Nvidia's total return of 151% over the same period of time. (from portfolio visualizer June 2023 to end Aug 2024) In order for the spending some of the income and reinvesting the rest to still give you a positive return the underlying has to perform quite well, less the markets are so flat that the option strikes don't hurt the performance of NVDY. Tax situation with NVDY is almost certainly worse after you get into the long-term capital gains period for just trimming the underlying over time.
The returns from NVDY are realized, and have paid back the purchase price, and continue to pay. In order to realize the returns from NVDA, you have to sell it. Needless to say, you can't sell it for that profit again unless you are able to buy it and enjoy the same growth scenario again. It's a fallacy to compare income assets with growth assets on a price performance basis. They aren't designed for the same purpose. Compare NVDY to other Income assets. Then you can judge how well it does what it was intended to do.
I appreciate your views on stocks and ETFs. From an older investor, I see the incredible income as a way to supplement my retirement without selling the asset. NVDY if purchased at inception, would have returned most (or more) of the "NAV". Reinvesting the dividends would about double the value of the holding. Isn't the goal of investors to receive enough money without selling ?
Love your videos, but something I wish you would take into consideration. Regarding this video you showed examples of how the downside is pretty equal but NVDY will vastly underperform NVDA. Dividends were not considered in the chart. Cheaper shares of NVDY would be reinvested on the way down to help hedge the downside, and bump up the upside. It still will not outperform NVDA in the short term but may fair better in the long term if that yield Maintains. Keep up the great videos.
I’m wondering if your negative % has included and captured how the ETF gaps down when it does its monthly dividend payout? I don’t see that you mentioned this in the video and was wondering if it did. The dividend payout has been significant to make a decent gain. All of YieldMaxx does this and NVDY usually is one of the few that tends to recover and cover the gap.
Most of the Yeildmax funds are Yeild traps agreed. However NVDY is probably the only one that that’s has not only yielded 100% but after a year also increased in NAV provided you invested at funds launch. Most of Yeild max however are not good long term Yielding investments. Now ofcourse there is no guarantee that NVDIA will perform as spectacularly as it did last year.
Loved this video. I'm on a passive income journey primarily through CC ETFs, and this video beautifully summarized my assumptions on single-stock covered calls, it just doesn't make sense. Thank you!
What you fail to realize is that NVDY has already paid out over 100% ROI since inception and now people own that stock free and clear and receive the dividend every month to buy more assets or to withdraw and enjoy. NVDY has also appreciated over $5 in value since inception. Not all of these funds will suffer NAV depreciation as you describe
I've owned NVDY since summer of 2023 and none of this is news to me. Viktoriya does a great job explaining the pitfalls of cc strategy on a hot stock. I complemented my NVDY with NVDL, to compensate for the upside being capped. But her suggestion to instead sell puts is a good idea. NVDY has averaged about $1.25/month dividend. About 5% on an average share price of $25. Currently, one month out ATM puts on NVDA are selling for almost $10 for the $138 strike price. That's a 7% return. So it's obvious, you just need to polish your crystal ball and go bullish (sell puts) or neutral (cc) as appropriate. I'd like to see an ETF try that. If options work at all, you certainly wouldn't want to limit yourself to the same strategy under all circumstances. I got CRUSHED selling cc's on NVDL this spring during NVDA's record breaking rally. I should have used stop loss orders.
Answered my own question using Etrade's Option Income Backtester feature. Over a time period where NVDA was up 1055%, the best cc strategy returned just 714% with a similar drawdown. Selling cash secured puts best strategy returned only 181% but with a drawdown of less than half the stocks.
Very good video. We owned NVDY at 27.95 and 24.75 a thousand shares each with a break even of 26.35. We collected 2500 dollars on the dividend last month but never recovered to 27.95 or the 26.35 break even NAV. We sold at 25.95 losing 800 but ahead 1700 from the dividends. The folks that bought in early around 20 have had good dividends and an increase in NAV. We will wait again for the ETF to drop lower than 24 before we consider getting back in. We do own NVDA so still riding that wave. God Bless America
@@sunlite9759We are still on the sidelines. Not feeling the buy yet. Behind on NVDA also. We had SPYI and sold. Big mistake on that sale. Holding our JEPQ. God Bless America
@@reasonableaudiophile2377 every stock that pays dividends you'll lose principle on payout. But as long as the payout and the growth is higher than he principle taken away you're still in good hands.
I owned TSLY for a long time, and I definitely DO NOT RECOMMAND those kind of product. This EFT capture all the downside of the underlying stock (nvda), but will capture only a small portion of the upside. In the end, my money was at great risk in this kind of ETF for a very small redemption. Buy the stock and sell yourself some covered call. Definitely better.
@@maximumoverload5134 there are many training you can find on google. You can probably have some training on line from your bank or brooker. You can also google : tht capitalist academy and clic the link Teachable. You will find free training on the market and the option market.
Last summer I bought TSLY and it remains the single worst investment decision of my life. It's in my Roth so can't tax loss harvest either. I wouldn't touch any of the Yieldmax etfs with a 100 foot pole.
NVDY is neither a scam nor free money. It all comes down to what you think the probability is of volatility continuing. If Nvidia vol goes down, etf could outperform the stock. If it stays high, then better to be in the stock. I think Nvidia itself is overvalued, so I wouldn't invest in either.
Late to the party! NVDY is going down. I've owned it for many months... value and dividend keeps dropping especially after company financials announcement. Dividend is projected to drop to around 52%in Sept 2024 so it not at 68% yield starting this month. Be aware people, this one is not as good as she is saying (right now). It was a few months ago and likely will be again some day.
Ok now.. I like the sound of nvdy but Sell Put requires collateral right? So it still needs cash as collateral and then Buy Call also need to pay in advance. But that if the play is really good by the manager. I'd also do Sell Put at low strike to get premium with less collateral plus Buy Leap Call with not so high Strike Price so play less to open option expires 2026. But if the Sell Put got assigned then switch to Sell Call at higher strike price with 3 weeks expiry for good premium. So it becomes the wheelie strategy. 😅
I am not sure if you compared (1) just buying nvdy and 1 yr results (2) buy 100 shares of nvdl and sell 1 week out ATM calls? Option 2 is much better imho
I tried (2) [ 10% OTM] and got CRUSHED this spring when NVDL shot up. Like 2-300% losses on the weeklies. If you try it, you must use stop loss orders. 🤕
That's alot of supposing. Good rule of thumb to not losing all your assets is anything losing more than 10% in a month you sell it. Put a trailing stop on it.
The highest it was in June was $31 and its current price is $26. 1000 shares would be $5000 down on principal, but since June it has paid out around $8.50 per share. 1000 x $8.50 = $8500. That's $3500 gain
From what i can gather, as an investment rookie, one can benefit on a short term basis. But it's even risky in that timeline, much less long term. What I'm looking for is the highest yielding etf that's safe for long term growth, aren't we all?
Agree, these are yield traps. It’s borderline scammy how they advertise huge yields which are meaningless as NAV/distributions decline over time so in most cases investors will lose money or make a fraction of what they expected.
Beware the dividend fallacy. Share prices go down when dividend is paid. Dividends are not free money. You are just moving money from one place (share price) to another place (dividend). Beware anything offering high dividends like yield max does. Any monetary instrument offering dividends like yield max does is a sign to run away.
Such a smart and beautiful woman. Recently yield max put a reverse split on QQQY and JEPY, a one - three reverse split. Where can we find out when an announcement like this is made so we can sell before it reverses.
@@SEnricoPIndiogine you are correct. QQQY and JEPY are Defiance ETFs. But the bank for both Defiance and Yield max is the Tidal Financial Group that announced the reverse split. Hope that clarifies. So I check now every week to see if there are any reverse splits and try to sell before that happens.
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If I had $360k, I would allocate $100k to tech stocks and $260k to dividend stocks with a proven track record-focusing on capital appreciation and year-over-year dividend growth.
In my opinion, adding JEPI and JEPQ is a smart move. When it comes to higher-risk investments, the key is balancing risk tolerance with long-term goals.
The market isn’t necessarily a rollercoaster if you understand how to navigate it. There are numerous opportunities right now to generate good profits. If you’re not deeply familiar with the market, consider buying and holding strong companies with solid earnings, or consulting advisors for insights on ETFs and actively managed funds. That’s the strategy my spouse and I follow, and we've seen over 30% capital growth, not counting dividends.
I’ve been considering getting a financial advisor, but I’ve been a bit relaxed about it. Could you recommend yours? I could use some guidance.
Finding financial advisors like Rebecca Lynne Buie, who can help shape your portfolio, would be a wise choice. Challenging times are ahead, and solid personal financial management will be crucial.
I just researched her online, and she has a really impressive background in investing. I’ll be sending her an email shortly.
Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.. Investment should always be on any creative man's heart for success in life .
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners?
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken
Honestly, I'm surprised that this mrs Stacey Macken is mentioned here, came across a testimony about her from one of the beneficiaries on the CNBC news, she seems to be doing extremely well
Stacey Macken is a retirement manager and investment/savings expert, in ranks with Cathie woods and Warren, has demonstrated expertise in investment strategies and has been involved in managing and providing financial guidance globally
Watching the Market with detailed logical explanations from my coach has been an incredible experience. It's rare to find someone who explains their thought process while in the Market. Here, we have a true expert who thoroughly explains everything-from managing trades and identifying key confluences to understanding what to look for when in the Market. They also teach how to manage emotions during trading. It's truly remarkable to watch you along side during this times . Your efforts are outstanding, and I am now addicted to this channel's content. It's hard to find such high-quality lessons anywhere else. Thank you Sir, for your invaluable teachings. ... I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay's, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Francine duguay program is widely available online..
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
I appreciate the professionalism and dedication of the team behind Francine's trade signal service.
Francine goes deeper than just looking at surface-level trends. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..
The clarity and precision in Francine market predictions are astounding. I'm so grateful to have found her reviews here on UA-cam as well.
NVDY has had a total return of 178% since inception. For those who are willing to reinvest 20 - 25% of the 70% yield back in, it should offset any potential nav loss. This ETF is for those looking to live on dividends, not for those looking to grow their capital long term.
Of course you can claim that when you have a stock that ran up nicely since NVDY came out.
Imagine your scenario for TSLY for those that thought the same thing that you are thinking now
But that said, if you think this strategy works then buying the underlying and selling shares would give you way better results. Just taking NVDA and NVDY (ALL dividends reinvested) your total return since NVDY came out was 101% versus Nvidia's total return of 151% over the same period of time. (from portfolio visualizer June 2023 to end Aug 2024)
In order for the spending some of the income and reinvesting the rest to still give you a positive return the underlying has to perform quite well, less the markets are so flat that the option strikes don't hurt the performance of NVDY.
Tax situation with NVDY is almost certainly worse after you get into the long-term capital gains period for just trimming the underlying over time.
The returns from NVDY are realized, and have paid back the purchase price, and continue to pay.
In order to realize the returns from NVDA, you have to sell it. Needless to say, you can't sell it for that profit again unless you are able to buy it and enjoy the same growth scenario again.
It's a fallacy to compare income assets with growth assets on a price performance basis. They aren't designed for the same purpose.
Compare NVDY to other Income assets. Then you can judge how well it does what it was intended to do.
I appreciate your views on stocks and ETFs. From an older investor, I see the incredible income as a way to supplement my retirement without selling the asset. NVDY if purchased at inception, would have returned most (or more) of the "NAV". Reinvesting the dividends would about double the value of the holding. Isn't the goal of investors to receive enough money without selling ?
Hi, I'm like you. But the numbers don't lie. It's very hard to part with NVDA shares. :-)
Love your videos, but something I wish you would take into consideration. Regarding this video you showed examples of how the downside is pretty equal but NVDY will vastly underperform NVDA. Dividends were not considered in the chart. Cheaper shares of NVDY would be reinvested on the way down to help hedge the downside, and bump up the upside. It still will not outperform NVDA in the short term but may fair better in the long term if that yield Maintains. Keep up the great videos.
Hey Viktoriya are you able to make a video covering QDTE?
and XDTE please
Question: Why not trade in and out before ex dividend date
I’m wondering if your negative % has included and captured how the ETF gaps down when it does its monthly dividend payout? I don’t see that you mentioned this in the video and was wondering if it did. The dividend payout has been significant to make a decent gain. All of YieldMaxx does this and NVDY usually is one of the few that tends to recover and cover the gap.
Yes exactly, when you adjust for the dividends NVDY returns is only 2/3rds of NVDA but its volatility is also only 2/3rds of NVDAs
Nvdy has never gapped down any more then amazon or google or Nvidia it self
This happens every time a stock or ETF pays an expected dividend.
See above. Loss 10 pts. since June. You have two things going against NVDY. The market loss via NVDA and the div. drop. Check out NVDL.
Excellent & transparent explanation of the good the bad & the ugly
Most of the Yeildmax funds are Yeild traps agreed. However NVDY is probably the only one that that’s has not only yielded 100% but after a year also increased in NAV provided you invested at funds launch. Most of Yeild max however are not good long term Yielding investments. Now ofcourse there is no guarantee that NVDIA will perform as spectacularly as it did last year.
I wonder how reinvesting dividends improves the outcome
Loved this video. I'm on a passive income journey primarily through CC ETFs, and this video beautifully summarized my assumptions on single-stock covered calls, it just doesn't make sense. Thank you!
What you fail to realize is that NVDY has already paid out over 100% ROI since inception and now people own that stock free and clear and receive the dividend every month to buy more assets or to withdraw and enjoy. NVDY has also appreciated over $5 in value since inception. Not all of these funds will suffer NAV depreciation as you describe
Exactly, some of us play the ROÍ game so everything after is 🧃
@@jorgitodes8703 exactly. They are known as income funds for a reason.
Bought Nvdy at 24.80 and plan to buy it again when it dips under 25… sept distribution is looking to be in the 1.05 to 1.40 range
Curious how you know what the sept distribution range is looking to be.
Nah you should buy around 20.50
I've owned NVDY since summer of 2023 and none of this is news to me. Viktoriya does a great job explaining the pitfalls of cc strategy on a hot stock. I complemented my NVDY with NVDL, to compensate for the upside being capped. But her suggestion to instead sell puts is a good idea. NVDY has averaged about $1.25/month dividend. About 5% on an average share price of $25. Currently, one month out ATM puts on NVDA are selling for almost $10 for the $138 strike price. That's a 7% return. So it's obvious, you just need to polish your crystal ball and go bullish (sell puts) or neutral (cc) as appropriate. I'd like to see an ETF try that. If options work at all, you certainly wouldn't want to limit yourself to the same strategy under all circumstances. I got CRUSHED selling cc's on NVDL this spring during NVDA's record breaking rally. I should have used stop loss orders.
Answered my own question using Etrade's Option Income Backtester feature. Over a time period where NVDA was up 1055%, the best cc strategy returned just 714% with a similar drawdown. Selling cash secured puts best strategy returned only 181% but with a drawdown of less than half the stocks.
A 70% yield is insane! 😲 But are we sacrificing too much growth potential?
Hi there! LOVE your content. Thanks sooo much. Wondering if you have heard of KLIP covered call ETF and your thoughts on it? Thanks!
Is it too late to buy now as NVDA seems overpriced.
if NVDA dropped 10%, what would be happening for NVDY ?
Love that mic❤
given past 12 months history, if i invested $100k on NVDY, how much dividend payout would I have received per month, for past 12 months?
Very good video. We owned NVDY at 27.95 and 24.75 a thousand shares each with a break even of 26.35. We collected 2500 dollars on the dividend last month but never recovered to 27.95 or the 26.35 break even NAV. We sold at 25.95 losing 800 but ahead 1700 from the dividends. The folks that bought in early around 20 have had good dividends and an increase in NAV. We will wait again for the ETF to drop lower than 24 before we consider getting back in. We do own NVDA so still riding that wave.
God Bless America
Well it is less than 22 now but you will assume the same risk. Good luck with it.
@@sunlite9759We are still on the sidelines. Not feeling the buy yet. Behind on NVDA also. We had SPYI and sold. Big mistake on that sale. Holding our JEPQ. God Bless America
I dont view this as buy and hold. Everytime there is a dividend payout you lose principle. Put in a stop.
@@reasonableaudiophile2377 every stock that pays dividends you'll lose principle on payout. But as long as the payout and the growth is higher than he principle taken away you're still in good hands.
% dividend after tax?
I owned TSLY for a long time, and I definitely DO NOT RECOMMAND those kind of product.
This EFT capture all the downside of the underlying stock (nvda), but will capture only a small portion of the upside. In the end, my money was at great risk in this kind of ETF for a very small redemption. Buy the stock and sell yourself some covered call. Definitely better.
Same here. Buy NVDA instead.
Where do you learn to buy and sell options ?
@@maximumoverload5134 there are many training you can find on google. You can probably have some training on line from your bank or brooker. You can also google : tht capitalist academy and clic the link Teachable. You will find free training on the market and the option market.
@@maximumoverload5134 The internet
No way... check all stats on yieldmax nvdy msty and cony... also qdte and xdte from roundhill.
Last summer I bought TSLY and it remains the single worst investment decision of my life. It's in my Roth so can't tax loss harvest either. I wouldn't touch any of the Yieldmax etfs with a 100 foot pole.
good job you bought the absolute worst underlying for their strategy and blame it on the product
@@6laka. Yup. Elon's a lying mess. Tesla lost it's exclusivity. It was an obvious poor choice since 2022.
NVDY is neither a scam nor free money. It all comes down to what you think the probability is of volatility continuing. If Nvidia vol goes down, etf could outperform the stock. If it stays high, then better to be in the stock. I think Nvidia itself is overvalued, so I wouldn't invest in either.
"...could..."
That should not be part of an investment analysis.
Late to the party! NVDY is going down. I've owned it for many months... value and dividend keeps dropping especially after company financials announcement. Dividend is projected to drop to around 52%in Sept 2024 so it not at 68% yield starting this month. Be aware people, this one is not as good as she is saying (right now). It was a few months ago and likely will be again some day.
Thank You for this podcast. You gave me an idea to buy this ETF, while holding some NVDA. I think i will feel better holding both..
Ok now.. I like the sound of nvdy but Sell Put requires collateral right? So it still needs cash as collateral and then Buy Call also need to pay in advance. But that if the play is really good by the manager. I'd also do Sell Put at low strike to get premium with less collateral plus Buy Leap Call with not so high Strike Price so play less to open option expires 2026. But if the Sell Put got assigned then switch to Sell Call at higher strike price with 3 weeks expiry for good premium. So it becomes the wheelie strategy. 😅
I agree 100%..
Also, I am currently watching you on the big screen TV and Wow, you are So Beautiful❤💐
tuesday im selling all yeild max.... seeee ya!
Ty sell me your 10 shares
Is this your opinion for all Yield Max ETF's?
I bought NVDY and NVDA about the same time and both are doing well. Thanks, good video
Awesome video.
You are not taking into account that you are getting more shares.
I am not sure if you compared (1) just buying nvdy and 1 yr results (2) buy 100 shares of nvdl and sell 1 week out ATM calls? Option 2 is much better imho
Keep on wheeling weekly
I tried (2) [ 10% OTM] and got CRUSHED this spring when NVDL shot up. Like 2-300% losses on the weeklies. If you try it, you must use stop loss orders. 🤕
Or are you just accepting and hoping to get called out?
NVDL is the better choice.
I have chosen NVDX is a 2x to NVDA
All depends how to play the game
That's alot of supposing. Good rule of thumb to not losing all your assets is anything losing more than 10% in a month you sell it. Put a trailing stop on it.
Total return on Nvdy since inception 175% at the same time SP500 39 % …mic drop …good night everybody 😂😂😂
That tells you nothing.
But ok, you ignore risk because short-term results compared to another investment that is not even related to the first one.
Nvdl all day sell options
WHAT ARE YOU THINKING? From June to the present NVDY lost 10 points! A thousand share investment would lose $10,000 vs the dividend.
The highest it was in June was $31 and its current price is $26. 1000 shares would be $5000 down on principal, but since June it has paid out around $8.50 per share. 1000 x $8.50 = $8500. That's $3500 gain
Finance men of culture we meet again.
plis gpix vs jepi vs ivvw
There are too many ETFs in existence.
theres actually not enough
Way over my head!
The strategy doesn’t work but AMZY total return beats AMZN?
Thanks
Your stock will drop 70% to pay you those yields. It’s not free money
I was lost after the first 5 minutes...
From what i can gather, as an investment rookie, one can benefit on a short term basis. But it's even risky in that timeline, much less long term.
What I'm looking for is the highest yielding etf that's safe for long term growth, aren't we all?
Growth peak? Come on. 😆
No ty.
dividend trap be careful
Warning : ⛔️ do not ever buy any higher yield yieldmax or defiance ETFs. You will erode and decay
Agree, these are yield traps. It’s borderline scammy how they advertise huge yields which are meaningless as NAV/distributions decline over time so in most cases investors will lose money or make a fraction of what they expected.
Exactly!
Ok, I do not get it, nvdy has returned more than 100%,..... you have got your full investment back and from now on who gives a toss how much it decays
NVDY dividends are monstrous. You wish you owned a thousand shares
Look like y don't have a idea what are y talking about
It could be trap devident 😮
Beware the dividend fallacy. Share prices go down when dividend is paid.
Dividends are not free money. You are just moving money from one place (share price) to another place (dividend).
Beware anything offering high dividends like yield max does. Any monetary instrument offering dividends like yield max does is a sign to run away.
Such a smart and beautiful woman. Recently yield max put a reverse split on QQQY and JEPY, a one - three reverse split. Where can we find out when an announcement like this is made so we can sell before it reverses.
The fund's website
QQQY and JEPY are not YieldMax ETFs. Correct?
@@SEnricoPIndiogine you are correct. QQQY and JEPY are Defiance ETFs. But the bank for both Defiance and Yield max is the Tidal Financial Group that announced the reverse split. Hope that clarifies. So I check now every week to see if there are any reverse splits and try to sell before that happens.
That blouse ☺