QYLD in a Bear Market...Only you can prevent Forest Fires (LIKE if you get it...) Videos to check out next: QYLD Taxes: ua-cam.com/video/JqC05NxVhQU/v-deo.html Overall QYLD Overview: ua-cam.com/video/Palvh3a3D7I/v-deo.html QQQ ETF: ua-cam.com/video/cJihi75Vcok/v-deo.html
Have a larger QYLD account that is reinvested into more QYLD, RYLD and/or FXAIX while it’s low. ~ $500/month reinvested. Smaller QYLD account pays between $170-$200 /month. Pays my bills, or reinvested. Doesn’t pay as much as when the market is up…but it’s still paying…like a part time job when I sleep. Just wish I had known about this method earlier…
Thank Bob as a senior citizen I'm glad I found Qyld, Ill be investing in it till I go off to the cosmos with Buzz lightyear 17.77% and a bonius sometimes .49 cents. I'm there---
“Knock on wood” QYLD is the first thing I bought from coworkers suggesting. I don’t regret buying this stock even at it’s peek. My whole mindset has changed owning this ETF. I was going to slow down putting in once I hit 500 a month, and I was almost there. It’s just dropped a bit,, but I’m not worried as long as they pay something.
@@crs11becausecrs10wastaken since 2014 they have not miss a div payment by looking at it I would say usually between .14 cents to .25 cents it hit .09 cents once and its usually average .19 cents.
Good video, lots of good information. However, I would like to see one additional comparison, which would be comparing QYLD & QQQ, if both were being used in retirement for income. Meaning one person would be selling shares of QQQ to pay for their expenses and the other would be collecting dividends from QYLD, to pay their expenses. If you are selling QQQ shares every month, you would have to sell more and more shares, as the price drops. So far, the Dividend from QYLD has held up very well, with July's dividend coming in at .1809. Where do the 2 positions sit, if the bear market last a couple of years before recovering? Another good comparison for the bear market, would be to see how they compare if you aren't in retirement and are reinvesting the dividends every month. As QQQ is moving down in one portfolio, the person with the QYLD position, would be accumulating more and more shares every month. The price drop would actually benefit them in the long run.
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this
NIce! You get a good discount. I was almost up to 500 a month before the “crash”, but it’s dipped just a bit. I don’t regret owning this stock even at it’s peek. Keep putting in and reinvest it!
I have QYLD in my regular portfolio AND my Roth IRA. I love it. I use it to get a good base of income set up then I use the monthly to augment buying more growth stocks. Helps me dollar cost average my little accounts easier because I always put money in from my paychecks but I always have extra to buy in from my dividends
The "V" recovery was due to the FED not the stimulus checks! A lot of people like to float that idea like it is true and not mention the FED buying all the cooperate debt at the level they did.
How about tracking the velocity of QQQ's 50-day moving average, and when increasingly negative for the month, then apply QYLD's monthly distribution to SQQQ?
When people are running out of the building on fire, I'm running into it to pick up what they dropped lol. I recently increased my globalX positions rather than selling them, loving that monthly dividend payout, taxes weren't nearly as bad as people make them out to be (not that I enjoy paying them, but still), especially if you know how to tax loss harvest...
The only scenario where the dividend could be an issue is if the implied volatility of the index options declines substantially to 2016 (below 10 percent levels)
Much prefer following through on Bogle's advice on simply capitalizing on broad market ETFs / indexes versus this QYLD play... Especially while the market is where it is... the growth opps within a VTI will deliver more in the long-term!
Also it also exposes itself to full index risk (from 30 minutes before the close on the Thursday before the 3rd Friday of the month until two hours into the trading day the next day.
The covered call strategy will cap the gain for that given 28 or 35 day cycle, this month (after the roughly 17 cent dividend) comes out to 45 to 50 cents, if the index stays above the strike price they sold.
Seems like covered calls ETF’s are good for whales who need to offset gains for tax purposes while getting a nice monthly payout but for an average joe like myself I’ll stick with dividend growth etfs
I'm all in on QYLD. I always buy more every month. I am not worried about this stock. My goal is to get 100 plus grand in it and use it to fun my little girls college.
What I wonder: Covered calls in these funds are based off an underlying index right? Is there a point where the total return of the covered call etf is so far off in its total return from the underlying index that the whole thing "breaks" and becomes unsustainable?
QYLD, the NDX index historical implied volatility is roughly about 20 percent. Currently the implied volatility is about 32 percent, which means its premium collection is running about SIXTY percent ABOVE its historical levels BUT it is choosing to keep the higher premium which is helping with the down market performance compared to QQQ
Be aware at 3:30 PM EDT, $QYLD will be buying back the calls they sold which will resume its index risk, when completed $QYLD will have FULL INDEX RISK, one penny per share for each 6.55 $NDX points, FULL INDEX RISK will remain until 10:30 AM EDT on Friday when they begin selling the August calls over a two hour period per index rules
QYLD might be an excellent play later. Today I view recession as likely. By definition of a depression, we are in one now as economic conditions deteriorate year after year for America. So no, I will avoid QYLD for now. Our total portfolio is half sfr and half stock market. We anticipate QYLD will penetrate the single digit share price threshold by 2023.
@@shawn47240 Employment rate. Is not relevant. Depression is long term decline in economic condition. America was higher in the past than now. Look it up!
Right now, it sold the July 15th $NDX 11150 calls against the stock (indexed to $NDX) it holds, they will be BUYING them back during the last THIRTY minutes THIS THURSDAY.
I have both of those, they are two different types of racehorse, so you can't really measure one against the other. It's like trying to compare the aerodynamics of an airplane with a submarine and conclude that the airplane is the best locomotive of the two...
QYLD in a Bear Market...Only you can prevent Forest Fires (LIKE if you get it...)
Videos to check out next:
QYLD Taxes: ua-cam.com/video/JqC05NxVhQU/v-deo.html
Overall QYLD Overview: ua-cam.com/video/Palvh3a3D7I/v-deo.html
QQQ ETF: ua-cam.com/video/cJihi75Vcok/v-deo.html
Have a larger QYLD account that is reinvested into more QYLD, RYLD and/or FXAIX while it’s low. ~ $500/month reinvested. Smaller QYLD account pays between $170-$200 /month. Pays my bills, or reinvested. Doesn’t pay as much as when the market is up…but it’s still paying…like a part time job when I sleep. Just wish I had known about this method earlier…
Thank Bob as a senior citizen I'm glad I found Qyld, Ill be investing in it till I go off to the cosmos with Buzz lightyear 17.77% and a bonius sometimes .49 cents. I'm there---
“Knock on wood” QYLD is the first thing I bought from coworkers suggesting. I don’t regret buying this stock even at it’s peek. My whole mindset has changed owning this ETF. I was going to slow down putting in once I hit 500 a month, and I was almost there. It’s just dropped a bit,, but I’m not worried as long as they pay something.
Same boat
July dividend just announced today.$0.1809 vs $0.174 in June
I held off on investing as I hadn't seen any of the dividend dates updated since June.
Good to know it's still paying out dividends.
@@crs11becausecrs10wastaken since 2014 they have not miss a div payment by looking at it I would say usually between .14 cents to .25 cents it hit .09 cents once and its usually average .19 cents.
THX Bob i learn more Nice weekend from Belgium...Ciao , Guy.....
Thanks, you too!
Good video, lots of good information. However, I would like to see one additional comparison, which would be comparing QYLD & QQQ, if both were being used in retirement for income. Meaning one person would be selling shares of QQQ to pay for their expenses and the other would be collecting dividends from QYLD, to pay their expenses. If you are selling QQQ shares every month, you would have to sell more and more shares, as the price drops. So far, the Dividend from QYLD has held up very well, with July's dividend coming in at .1809. Where do the 2 positions sit, if the bear market last a couple of years before recovering?
Another good comparison for the bear market, would be to see how they compare if you aren't in retirement and are reinvesting the dividends every month. As QQQ is moving down in one portfolio, the person with the QYLD position, would be accumulating more and more shares every month. The price drop would actually benefit them in the long run.
This is an INCREDIBLE question. Tomorrow - I'm going to have a video posted addressing your question!! Do you mind if I give you a shout out?
I wasnt financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this
I just started buying QYLD in the last month. Don't have a lot just yet but buy a couple shares a week along with others. Currently at 50 shares.
NIce! You get a good discount. I was almost up to 500 a month before the “crash”, but it’s dipped just a bit. I don’t regret owning this stock even at it’s peek. Keep putting in and reinvest it!
i dont have qyld but still holding the others. use them to invest in schd, vym, and others
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
I would be interested to see what amount of your qyld dividends do you need to add back into qyld repurchases to keep it from drawing down.
I've personally seen about 20% dividend reinvestment eliminate almost all my losses even in this bear market.
I believe the Roth IRA is the one to have with these distribution type funds, as the entire Roth is tax free.
Seeing as how you won't be able to withdraw from a Roth IRA till you are 59&1/2, wouldn't it make more sense to invest in growth there?
@@sebastianlucas704 sure, growth in the mean time and then dividends when you withdraw. I prefer dividends the whole way though.
I have QYLD in my regular portfolio AND my Roth IRA. I love it. I use it to get a good base of income set up then I use the monthly to augment buying more growth stocks. Helps me dollar cost average my little accounts easier because I always put money in from my paychecks but I always have extra to buy in from my dividends
The "V" recovery was due to the FED not the stimulus checks! A lot of people like to float that idea like it is true and not mention the FED buying all the cooperate debt at the level they did.
I still love my qyld just recently hit 12$/month from them I can’t wait to see 120+ I also hold some qqq ryld and a few others
How much do you invest?
How about tracking the velocity of QQQ's 50-day moving average, and when increasingly negative for the month, then apply QYLD's monthly distribution to SQQQ?
Why is yahoo finance reporting a dividend yield of 0.32% for QYLD?
Whoa that is way off!
Can you do a video analysing JEPI and comparing it to other similar ETF's?
I think Jepi will do better in terms of growth in the long term compared to qyld... I'm just waiting to get into jepi myself.
Scammers ⬆️
Thank you great video
Glad you enjoyed it
What will happen to the call option premiums in long bear market?
You should put some sound deadening boards on the walls opposite you and behind you there is an echo effect
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
I put 7 grand in jepi sems like it pays more on dividents
I put 15k in at 22.00 🤷♀️ I guess we wait and see now lol.
@Bob Sharpe - can you do one on RYLD?
Would it make sense for me to open a new position now in QYLD since the price is so low? that way I can get more shares for income
Yes. It's a buyer market for most stocks and funds right now.
Bob, whats your take on XYLD, RYLD paying similar dividend & don’t lose much value over time like QYLD?
I actually do xyld
Why don't you invest in all of them? Better to not put all your eggs in one basket.
Once again a very interesting video
Lots to think about
Thanks again!
You can't really go wrong buying at this level
LIVE YOUR SWEET LIFE!
Always and forever!
When people are running out of the building on fire, I'm running into it to pick up what they dropped lol. I recently increased my globalX positions rather than selling them, loving that monthly dividend payout, taxes weren't nearly as bad as people make them out to be (not that I enjoy paying them, but still), especially if you know how to tax loss harvest...
Great video! Thank you so much for doing this review on qyld. I should've kept my qyld. Too bad I sold it off. Could you do a video on SVOL.
The only scenario where the dividend could be an issue is if the implied volatility of the index options declines substantially to 2016 (below 10 percent levels)
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Amazing info. Thanks for your time.
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Hey Bob You once reviewed QYLD in a video and you said that QYLG was an alternative for QYLD. what do you think now this time?
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
BTW XYLD is the SPX equivalent of this
Much prefer following through on Bogle's advice on simply capitalizing on broad market ETFs / indexes versus this QYLD play... Especially while the market is where it is... the growth opps within a VTI will deliver more in the long-term!
I have an s&p 500 fund, I'm adding schd in this draw down.
Also it also exposes itself to full index risk (from 30 minutes before the close on the Thursday before the 3rd Friday of the month until two hours into the trading day the next day.
The covered call strategy will cap the gain for that given 28 or 35 day cycle, this month (after the roughly 17 cent dividend) comes out to 45 to 50 cents, if the index stays above the strike price they sold.
Seems like covered calls ETF’s are good for whales who need to offset gains for tax purposes while getting a nice monthly payout but for an average joe like myself I’ll stick with dividend growth etfs
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
WHAT'S A GOOD STRIKE PRICE FOR QYLD
Just buy Palantir and get a 5-10x over 40 years
I'm all in on QYLD. I always buy more every month. I am not worried about this stock. My goal is to get 100 plus grand in it and use it to fun my little girls college.
What I wonder: Covered calls in these funds are based off an underlying index right? Is there a point where the total return of the covered call etf is so far off in its total return from the underlying index that the whole thing "breaks" and becomes unsustainable?
QYLD, the NDX index historical implied volatility is roughly about 20 percent. Currently the implied volatility is about 32 percent, which means its premium collection is running about SIXTY percent ABOVE its historical levels BUT it is choosing to keep the higher premium which is helping with the down market performance compared to QQQ
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
I've had Qyld for over a year and have lost thousands! I've had it, I'm out!!
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Dude should have kept it and its not a growth fund its an income fund.
Pbr pays a 37% div...crazy I'm sure I'm missing something.
@@richrancy true
However, $QYLD as $NDX declines the IV and with it its premium collected will rise (as a percent of its value)
They better unless they want a storm brewing at their head quarters.
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Holding QYLD and have orders on the table for accumulating more.
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Be aware at 3:30 PM EDT, $QYLD will be buying back the calls they sold which will resume its index risk, when completed $QYLD will have FULL INDEX RISK, one penny per share for each 6.55 $NDX points, FULL INDEX RISK will remain until 10:30 AM EDT on Friday when they begin selling the August calls over a two hour period per index rules
RYLD is the RUT equivalent of this
QYLD might be an excellent play later. Today I view recession as likely. By definition of a depression, we are in one now as economic conditions deteriorate year after year for America. So no, I will avoid QYLD for now. Our total portfolio is half sfr and half stock market. We anticipate QYLD will penetrate the single digit share price threshold by 2023.
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
America is not in a depression🙄 The unemployment rate is 3.6%, dude.
@@shawn47240 Employment rate. Is not relevant. Depression is long term decline in economic condition. America was higher in the past than now. Look it up!
I bought this at like $24. It will take me forever to make that back on dividends
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
Right now, it sold the July 15th $NDX 11150 calls against the stock (indexed to $NDX) it holds, they will be BUYING them back during the last THIRTY minutes THIS THURSDAY.
The lisp is cute
JEPI
@@user-zn9fh1ic3v the comment talking about WhatsApp is a scam. Do not contact them 🚨
you speak with too many s's. chill the tongue
Sssssorry
It seems JEPI is a better one than QYLD
I have both of those, they are two different types of racehorse, so you can't really measure one against the other. It's like trying to compare the aerodynamics of an airplane with a submarine and conclude that the airplane is the best locomotive of the two...