AMZY ETF - Other people's money ($6500) to generate SAVAGE PASSIVE INCOME - The Plan! - Core Number

Using $6500 of other peoples money to generate future passive income by using other streams of passive income and core number compounding inside the AMZY high yield ETF by YieldMax.
I'm doing this for your entertainment only. I'm Not a financial advisor.
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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.

[@eljuancho2]

390 shares oooooh yes baby! I get pumped when i see friends making money! 💪👑💰✈

[@joangusman8479]

Great analogy Scott.

[@bandy32]

I took my savings and transferred the to my robinhood account then margin it to the tits. Now I have 3900 shares of AMZY. I also take some from the top and I end up with more than what I make at my full time job. Thanks Oracle!

[@CFH298]

I do the same with Frec. Put everything in the S&P 500 direct index, take out a line of credit at 6.33% and rinse+repeat.

[@jayeseay6289]

Great concept! I will be following your channel to watch your progress.

[@ontravelmode]

Love it! Especially because its for us poor people. Go Oracle!

[@CFH298]

Also as a tip: I always buy the amount of shares to double what I owe on the interest by calculating the monthly dividend from the LOWEST paid out. For AMZY, this would be 0.36. I now know I’m good for any drops.

[@dorotheeumana5002]

I have binge watched the Oracle and all related videos on maximizing passive income with AMZY and am now proud owner of 986 shares in a rollover 401k. Bought them this morning and am up more than $250.00. Projected yearly income is $11k. Can’t beat that. I now have set up a margin account with Robinhood to play with other peoples money. The intetest rates are fairly low. Will buy about $5k of AMZY tomorrow. I noticed that AMZY shoots up first thing after the bell, for the most part. Will try to get in early to skim some money off the top!

[@ScottsPC]

BOOM! Awesome...make some money my friend!

[@dorotheeumana5002]

@@ScottsPC Thank you for making these videos, this definitely gave me the final push to get going with this!!!

[@ScottsPC]

@@dorotheeumana5002 I went in with 2k on May 8th....said the heck with it and took out a $6500 personal loan. Will put that in next ex div date around June 8th. You might want to wait too with your 5k? All good if you don't. I will keep posting updates. Thanks for watching! ⚡️

[@GentleBrawl]

I'm interested in those tiny houses 👀. I'm in CA as well

[@unclelong213]

all looks good and all but one big issue would be if amzy price drop your dividend will be lower. so if you have 390 amzy this month with .90c dividend, maybe next month if amzy goes down your 390 shares might only get pay with .50c per share.

[@ScottsPC]

Specifically covered what would happen with my "PLAN" if AMZY only paid out .50 for the next 8-10 months using other peoples money....it's a longer video....but everything is covered, even NAV erosion. Core number compounding also play its part.

[@bernardclements]

Excellent 💯💯💯

[@f.w.1318]

Im going to do this with three neighborhoods at 2k each,

[@ScottsPC]

Hell yeah! ⚡️

[@CarlosContreras-yi5jn]

Why not supercharge it with margin triple your position

[@ScottsPC]

Because I'm new... Don't have the knowledge yet.... Near future....

[@CarlosContreras-yi5jn]

@@ScottsPC margin is only charging 6.5 % a year

[@Whiskydanger]

@@CarlosContreras-yi5jn only on robinhood

[@cliffdariff74]

What haps when price drops next day after amzy declares dividend?

[@ScottsPC]

Whatever I've ripped off the top using core number compounding during the month I can always buy back at a lower price or AMZY will recover and keep on going. So not only dividends, but also core number compounding as profit/income. AMZY showing no signs of NAV erosion. I believe the underlying stock of Amazon is solid. There's always risk.

[@icamefromspacexD]

Where did you get a personal loan?

[@ScottsPC]

My local credit Union

[@ninjatoys7266]

Where are these tiny houses located???

[@ScottsPC]

They're analogies

[@ASM8171]

Oracle will now be referred to as chef because he's cooking these 🤡 😂😂😂