what is the pay out on that? i have about that much between JEPI and SCHD and its about 130 a month and 375 a quarter.
@EntrepreneurInvestorАй бұрын
@@killerrush77 around 2k a month i assume
@darthtitan8315Ай бұрын
52,000 a year. There are 52 weeks a year
@EntrepreneurInvestorАй бұрын
@@darthtitan8315 yes you are right, i was just going quick, should have double checked
@darthtitan8315Ай бұрын
@EntrepreneurInvestor lol. I for get how a year breaks down. I was doing my time sheet while watch and TS said week 50. Took me a minute to math it out. Lol
@conruscoАй бұрын
Odd conclusion, 90000 gets you about 3k shares of MSTY at a dividend of between 2 and 4 dollars a month which is 1500 to 3000 dollars a week.
@mandamus777Ай бұрын
Don't drip if the stock price is above your original purchase price. Only add if the price is below.
@TheVonWeaselАй бұрын
I guess? But then you miss out on further growth and all the dividends. I honestly don't think that's the best strat
@peaceful4you408Ай бұрын
Terrible idea. You will miss out on all the market appreciation if you do that. You will miss spikes in the market that could take your YMAX position into new highs. Always leave DRIP on to grow your sacking overtime and get the most benefit. DRIP increases both the dividend income and portfolio value overtime. The only ideal reason that would make sense to turn DRIP off is if you’re in desperate need of income.
@mandamus777Ай бұрын
@@peaceful4you408 I didn't say sell your position don't add to it unless it's below your original purchase price otherwise you will dilute you do it your way you'll see what I mean over time
@juliocs5483Ай бұрын
@@peaceful4you408I thought the whole idea of these types of ETFs is to use the income? I use it currently to pay my monthly car note. Most of the time I have funds left over from the dividends and buy more. Working so far and honestly is helping so much!
@zoranzarkovic3344Ай бұрын
A better strategy is to buy manually on Thursdays. That’s the ex-div date.
@audacesfortunaiuvat-m3qАй бұрын
I have 1500 shares of YMAX and 2100 of YMAG. Soon YMAX will have PLTY and MARO so the divy should get even better.
@EntrepreneurInvestorАй бұрын
looking at the current holdings PLTY was added already, they still need MARO, which i forgot to mention in the video. Thanks!
@lordsarmy6574Ай бұрын
@@audacesfortunaiuvat-m3q how much does 1500 of shares pay out?
@zinnburbanАй бұрын
I have 6440 shares of Ymax and 2340 shares of Ymag. Big money.
@EntrepreneurInvestorАй бұрын
@@zinnburban that is big money!
@JUANGARCIA-bs6evАй бұрын
looking like 90k to make 1000 a week
@henrim9348Ай бұрын
@@JUANGARCIA-bs6ev that is over 2000 shares. Which pays you roughly $2,000 per month?
@torturetuesday5191Ай бұрын
That's a rip off.
@kirmani619Ай бұрын
@@torturetuesday5191 is it though? A 90k house won’t give a 4k a month. No maintenance, no late rent payments etc. well worth it if you ask me. 👍🏾
@kirmani619Ай бұрын
@@torturetuesday5191is it though? A 90k house does not pay 4k a month. No late rent, no maintenance, no hoping that someone will rent, no bills. Just receiving 4k a month. You make your investment + back in 2years not mentioning if the stock goes up and you decide to sell. Great investment if you ask me.
@iamwinstonpslackАй бұрын
@@torturetuesday5191its 52 weeks in a year
@PanguinguyАй бұрын
728 YMAX, 201 YMAG and 477 NVDY. I have columns on my Weekly ETF spreadsheet for shares 1K/Month and cost 1K/Month. I own 5 of the 8 weeklies, soon to be 6 of the 9!
@johnandlukestube6405Ай бұрын
YMAX 💯 👍
@DrMediterraneanАй бұрын
Really interested to see how the new FEAT and FIVY do
@ArdentLionАй бұрын
there are 52 weeks a year, not 48
@EntrepreneurInvestorАй бұрын
you are right!
@darkminer71Ай бұрын
Love YMAX man....Trying to get on your level still (this is dividend executive btw). Lets stack those shares!
@EntrepreneurInvestorАй бұрын
Today I bought a bunch more!
@darkminer71Ай бұрын
@@EntrepreneurInvestor let’s go!!!
@MarioLuigi-vb3rp14 күн бұрын
Get a loan on your holdings and buy more take some out for the loan and drip the rest.
@henrim9348Ай бұрын
Great job. How many shares are needed MSTY to pay $10k per month?
@EntrepreneurInvestorАй бұрын
I'll be making more videos like this in the future thank you for watching!
@UrbanLoft1Ай бұрын
2500 to 3000
@henrim9348Ай бұрын
@@UrbanLoft1 3000 shares would cost roughly $35x3,000 = $105k. Let's say I only have $75k. Can Robinhood allow me to borrow $30k via margin to achieve my goal? Just curious. I do understand the risks of using margin.
@MisterbsnsheeАй бұрын
@@EntrepreneurInvestor100k in Msty should get u to 10k month. Just its kind of risky if Msty tanks for what ever reason you will lose a lot.
@slprn67Ай бұрын
At 37.78/share, you need $121,000 to make $10K/month. Average distribution $3.12 since inception.
@jonny777bikeАй бұрын
For the weekly I use an additional sheet and put the sum of the months for ymax in my monthly dividend sheet
@EntrepreneurInvestorАй бұрын
Nice! how much is it paying you per week?
@Valente_QuinteroАй бұрын
0 is my current holding of YMAX. I cut ties with it and shifted to RDTE
@iroc341Ай бұрын
YMAX ! Sitting on 3562 shares and still dripping to 5k!
@EntrepreneurInvestorАй бұрын
wow should get there soon!
@BlairportfolioАй бұрын
Dropped 100k in it. Thats how i get 1k per week own 5k shares
@lordsarmy6574Ай бұрын
I currently hold 779 shares of ymax 🎉
@EntrepreneurInvestorАй бұрын
woohoo!
@darthtitan8315Ай бұрын
Wonder if it is cheaper to find 1 etf from each group to make 1000 per week. Currently at 1150 NVDY. Not sure if I want to aim for 5000 shares, Or find 3 others to reach that 1000 a month.
@EntrepreneurInvestorАй бұрын
@@darthtitan8315 definitely cheaper finding one etf for each week, but you open yourself up for single stock risk
@bethhynes787Ай бұрын
Calculate the yield-on-cost & you can pick the highest yield for the lowest price- ULTY, NVDY, CONY, TSLY….
@peaceful4you408Ай бұрын
I dont make any additional out of pocket contributions into my YMAX investment. I just let the dividends automatically compound 100%. I make enough in YMAX dividends to just let the dividends grow the investment on its own
@EntrepreneurInvestorАй бұрын
how awesome is that!
@wolfe5047Ай бұрын
628 shares so far it is one of my smaller positions but growing it every week.
@EntrepreneurInvestorАй бұрын
@@wolfe5047 its a cash flow machine
@rell9161Ай бұрын
Fire bro !
@praneeldatt4790Ай бұрын
My goal is to get 1000 shares
@deancitroni4447Ай бұрын
Are these payments really weekly? I mean uploaded to your account weekly dividends? And obviously if you were buying more of the stock your dividend total would increase.
@EntrepreneurInvestorАй бұрын
Yes weekly, payment every friday
@deancitroni4447Ай бұрын
@EntrepreneurInvestor incredible! I have three grand to put into it. And it's only three cents above my cost of 35 shares right now. I can probably get another 163 if it dips. Thank you I have subscribed I'm definitely interested in your approach
@avongsathianАй бұрын
Yup, I can confirm as well. They pay out every Friday but after the market closes at 6PM PST time.
@MB031Ай бұрын
If I have 100K I would rather spread it through all those etf's inside YMAX and getting 4x more ! If I have money I would buy all Yieldmax ETF's 😀
@TP-bc2ptАй бұрын
Scenario based q: 1000 shares of JEPI, JEPQ and SCHD. What would you do? Let them DRIP and grow the ETF buckets or take cash to add to portfolio or take cash to buy other positions or different option?
@EntrepreneurInvestorАй бұрын
I would reinvest 100% till you need the income, then withdraw 50-75% dividends and reinvest the rest.
@nyseat21Ай бұрын
Got 5000sh of ymax, 2500 ulty, 2000sh ybit and 2000 cony. Looking to buy another 5000 after the dividend in a few days.
@EntrepreneurInvestorАй бұрын
wow that would be 2k per week!
@nyseat21Ай бұрын
@EntrepreneurInvestor To start! Watching FEAT, but it is too thin now. Not sure about MARO yet. What I am watching XOM (XOMO) as oil breaks down. Stock blew through 108. I can either buy 1000sh of xom for $100k+ or get 9000sh of xomo...play the stock and get the dividend when oil bottoms out. That 66 to 65 level is important as it got rejected the last two days. Good stuff buddy!
@nyseat21Ай бұрын
@EntrepreneurInvestor Building in buddy. Keep up the good work.
@mattk5858Ай бұрын
so an over 50% yield? I want to believe this... but somehow the math ain't mathin'...
@Peter_4rm_greenlandАй бұрын
Wouldn't you do 1000 times 52 ( weeks in a year) = 52000 not 48000
@EntrepreneurInvestorАй бұрын
yes I made a mistake!
@lanav9679Ай бұрын
Super Cool ! Wow !
@bradanderson1024Ай бұрын
If all YIELDMAX funds tend to have sinking NAV , would YMAX TEND TO FOLLOW ? I hold about 900 of tsly but this fund has been terrific. But tsly can't support all the funds
@EntrepreneurInvestorАй бұрын
Yes it can sink in nav eventually
@jonny777bikeАй бұрын
I just like the price of ymax going down. Looking at its full history it had started at 20 per share highest at 21 and lowest at 16. I think I will try to keep it at up to 6 percent of portfolio. I’ll keep on increasing my portfolio.
@EntrepreneurInvestorАй бұрын
Yes they all eventually go down in price, YMAX will probably be the slowest
@juliocs5483Ай бұрын
You think CONY will ever pay weekly?
@EntrepreneurInvestorАй бұрын
No it wont
@juliocs5483Ай бұрын
@ Ty
@TP-bc2ptАй бұрын
Just got in 501 shares. Will DRIP or use the cash to buy JEPQ.
@EntrepreneurInvestorАй бұрын
@@TP-bc2pt awesome!
@joshua7999Ай бұрын
Jepq nav moves like pond water
@kooreh4998Ай бұрын
How long will this go on for?
@EntrepreneurInvestorАй бұрын
years i would assume
@kooreh4998Ай бұрын
@ let’s says the price drops below $0 , will i still receive the same amount of dividends?
@torturetuesday5191Ай бұрын
@kooreh4998 no. They will do a reverse split and you will lose half your shares.
@EntrepreneurInvestorАй бұрын
@ as long as all 20+ underlying etfs dont hit 0 which i assume they won’t let happen YMAX shouldn’t go to 0
@kooreh4998Ай бұрын
@@EntrepreneurInvestor yes the same with Cony?
@BryanBear505028 күн бұрын
I sold my entire YMAX position for the following: 1. YMAX charges 1.29% fee, as well as the underlying funds it owns. So, you are really paying ~2.5% in fees. Of course, most people are lazy and do not want to buy the individual funds so they are eager to give up an extra 1+% fee to YMAX for this work. One way fund managers stay rich. 2. NAV erosion - how much will the price drop in the next 12 months. The dividend should remain stable for 12 months but will eventually decrease. Why? Because covered calls have no bottom in losses and cap upward movements. The only natural way for any covered call ETF to move is downward - just depends on the slope of the downward curve. I have not looked into figuring out the slope of the line. What I am looking into is borrowing $50,000, buying both YMAX and RDTE and using the dividends to pay off the credit card balance until fully paid. At that point, any dividends that I receive would be "free money" since I invested none of my own money. I am searching for KZbin videos that actually have an intelligent argument for or against this idea and this is just the first video I have found. No matter your strategy, good luck.
@the_humble_investorАй бұрын
Love the video bro 🤟
@EntrepreneurInvestorАй бұрын
Thank you! Crankin them out in December!
@texmexbbq7085Ай бұрын
TSLY coming back with the TSLA rocketship...I would love to make all my money back next year sometime if this continues... not getting my hopes up but who knows.
@EntrepreneurInvestorАй бұрын
TSLY has been a great investment for me in my m1 finance portfolio, been holding almost a year with an avg share cost of 19.95
@BrianTX409Ай бұрын
I have 4K shares and adding on any dips when share price drops below my average.
@EntrepreneurInvestorАй бұрын
Awesome!
@cliffdariff74Ай бұрын
Good video, more like this
@EntrepreneurInvestorАй бұрын
Thank you!
@zoranzarkovic3344Ай бұрын
3950 shares of YMAX. 3257 shares of YMAG. 13700 shares of BITX.
@michaelyoung2188Ай бұрын
I think the new YM ETFs will be the big story of the week. You should deep dive into FEAT and FIVY.
@EntrepreneurInvestorАй бұрын
Yes i need to do research on them
@brianh9014Ай бұрын
Can you show an ulty breakdown. Thnks❤
@pl95984Ай бұрын
Yield Max FEAT comming soon🎉
@nyseat21Ай бұрын
It is trading now
@firozlilani458Ай бұрын
There are 52 weeks in the year
@jaiant21Ай бұрын
$1000 per week is 52k a year not 48k but great video
@shaneomack5018Ай бұрын
990 shares 🙋♂️ can we put $350 every Friday morning into it
@EntrepreneurInvestorАй бұрын
awesome! Almost at 1k!
@GhostyMIAАй бұрын
you need about 80k
@fjr8329Ай бұрын
52 weeks in a year
@EntrepreneurInvestorАй бұрын
Yes
@URKlewlessАй бұрын
Maybe all you wanna be investment brokers need to take a look at the long range chart….yes you get dividends….most of it from your loss in capital 🤣🤣🤣🤣
@fullauto1125Ай бұрын
U need to, what your saying is wrong
@fullauto1125Ай бұрын
Total return YTD is 33% versus 29% for S&P beating the market by 4% so spreading BS and you actually lean
@fullauto1125Ай бұрын
Keep driving for uber kiddo
@natepitts3231Ай бұрын
Not true with all of them, you have to probably look at things different I'm in MSTY I purchased at $31 they paid out 4.42 so if you don't drip imagine your cost basis subtracting by the payment which brings me to $26.52 and they are trading at $38+ right now with another payment on Friday. Hope this helps somebody
@RB-hl3uxАй бұрын
😊
@NYCjohnDoeАй бұрын
This weeks Drip added 19 shares to YMAX 2887. shares. which is 28% of my portfolio