AMZY ARMY - My Dividend Goals and Strategies - NVDY - Tesla Sandwich - Plus Roth IRA?

Still getting my feet wet Amzy Army - learning as I go so to speak. I thought it was time to set some realistic monthly dividend goals for myself and set expectation on what this working dude can really achieve. All of our financial situations are different, so every strategy is always personal. Good luck to you all out there and as always, a shoutout to the Oracle for getting me out into the world to try and make some MONEY! What are your dividend goals?
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The content of these videos is provided for entertainment purposes only and does not constitute financial advice. Viewers should obtain adequate trading knowledge and seek guidance from qualified professionals before engaging in any trading activities. The trading strategies demonstrated herein are purely illustrative and should not be interpreted as investment recommendations. The cryptocurrency markets are notably unpredictable and carry significant risks.
I am not a licensed financial advisor; the views and information I provide in these videos are based on my personal opinions and experiences only. Reliance on this content for making investment decisions is at your sole risk. Past performance of any trading strategies does not guarantee future results. By accessing this content or participating in a consultation, you agree to these terms.

[@primetimeperformance]

Covered call distributions are NOT dividends. You need to know the difference or the next bear market will rip you a new asshole.

[@ScottsPC]

My Fidelity brokerage statements are classifying these monthly payouts as dividends....Is Fidelity wrong? I don't even know what a covered call is and if I never learn how to do a covered call, I will die a happy man! I let the fund managers of these high yield etfs do the work for me. To make passive income.

[@alamerican2115]

@@ScottsPC Please Scott, stop wasting your time with this passive income unicorn Find a 2nd and 3rd job and work as much overtime as possible. There's only one way to make it, for real, in this life and that's to spend as little time with your family and feel yourself slowly rotting away as your dreams painfully die inside of you. Praying you see the light buddy 🙏

[@ChuckDavis360]

Very impressive for the amount of time you been doing this👍👌 I been doing these dividends ETFs for a few years. Just added AMZY 2 weeks ago, plus I added CRSH. Other ETFs I have is BITO, BITX BITU, BETH, EETH, ETHT, Total shares almost 11,000. NVDY, TSLY MSTY. Total shares 2500. Love the channel. I subbed. Keep them videos coming.👍🙂

[@ScottsPC]

Thanks for the kind words brother! ⚡️ you have an impressive portfolio!

[@ChuckDavis360]

@@ScottsPC ty👍🙂

[@FourLowFun]

I though CRSH was to offset TSLY, when one goes up the other goes down. This is way out of my comfort zone as well. It's called the "tsly sandwich", youtube it. It's pretty interesting. There is another one coming out called FIAT and does the same thing with CONY (I believe)...

[@Eddie_freeflow504]

I like this video straight forward

[@Burntwaffle9699]

Fidelity does not count dividends towards total returns. I have the same issue with my nvdy and qqqy. You have to add that in to figure your net profit or loss.

[@ScottsPC]

Yes... Always set money aside for taxes. Thanks for the comment and good luck to you!

[@desertfisherman11]

Would you buy in a recession or wait until a bull market

[@TheHolymadrix]

I mean you do you but I would spread it around a little bit, maybe some nvdy, cony, or some of the others just so it isn't all in amazon. It's fine to have a good size position in amzy, but I wouldn't have like 95% of it in one of anything, especially with the leverage and loan.

[@ScottsPC]

I hear you. In the video I explain I will probably take some from amzy out after next payout to other positions.

[@spooler24]

I say do you. I have 50K in QQQY.. and I'm not worried at all... No rest for the weary. I still SWAN.

[@M224.7]

It really doesn’t matter if you are vested in a good underlying if the market crashes they all will. Nvdy wouldn’t be considered a hedge cause it’s not inverse if markets crash so will nvdy.