$2400 Core Number Compounding with YieldMax AMZY ETF for Passive Income - Update - Fidelity

Amzy with down a little today. I'm down about $30 from my core number of $2400. At this number, it's probably not beneficial to buy the dip or rip until at least the $80-$100 range. So holding. Reminding myself that I trying to build easy passive income with the dividends. (combined with core number compounding)
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[@2ryan_X0]

What’s a good number to rip at ? And what’s a good number to buy back in ? Is it around the amount to buy a whole share ?

[@StormSeeker007]

What if it's a bear market, wouldn't all your profits need to be re-invested back into the asset, to bring you back to your core number?

[@ScottsPC]

Yes. The underlying stock is Amazon. This AMZY ETF will go where Amazon goes.

[@StormSeeker007]

@@ScottsPC sounds good, but why not just buy and hold? And if you keep bringing your balance back to your core number, it seems like your investment stays the same. The money you took off the top for bills will need to be reinvested. Unless of course you have a guaranteed uptrend. Sorry I’m just confused and don’t understand the strategy. Unless this is strictly for KZbin content and entertainment. If it is then I understand.

[@cryptojohnny7781]

Thats why this ETF isn't worth it, the spread isn't high or low enough