I bought ULTY, YMAX and YMAG cheap, and I'm giving them some time. I have high hopes they'll do what we want them to do. Capital erosion is a HUGE problem with these funds. While I respect our Cambodian Marine and appreciate what he's doing for the community, I do think he's missing this component of these funds. Esp on margin, we MUST have capital stability or else our accounts will shrink over time. You're wise to wait thru the election to wait for a shakeout. We have plenty of time to get back in.
Yes, I'm all about maintaining my capital. Just trying to find a way to play these YieldMax funds without getting decimated. We all have our different strategies. I'm not convinced on ULTY. Seems like it's having a challenging time recovering from the last dividend even with the new prospectus/strategy. Good luck to you brother!💰💰💰
YieldMax NAV erosion has been horrible with most of their funds. Currently holding ULTY for now but if there is a split I'm out!
I’m out of all YM too. RDTE, TSPY, TSLP, XPAY now
I bought ULTY, YMAX and YMAG cheap, and I'm giving them some time. I have high hopes they'll do what we want them to do. Capital erosion is a HUGE problem with these funds. While I respect our Cambodian Marine and appreciate what he's doing for the community, I do think he's missing this component of these funds. Esp on margin, we MUST have capital stability or else our accounts will shrink over time. You're wise to wait thru the election to wait for a shakeout. We have plenty of time to get back in.
Yes, I'm all about maintaining my capital. Just trying to find a way to play these YieldMax funds without getting decimated. We all have our different strategies. I'm not convinced on ULTY. Seems like it's having a challenging time recovering from the last dividend even with the new prospectus/strategy. Good luck to you brother!💰💰💰