How To Make $1,000 Per Week in YMAX Dividends!

  Рет қаралды 12,865

Entrepreneur Investor

Entrepreneur Investor

Күн бұрын

Пікірлер: 132
@skynet000001
@skynet000001 Ай бұрын
ive got 40k in YMax.. and love it
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Its awesome!
@killerrush77
@killerrush77 Ай бұрын
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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@killerrush77 around 2k a month i assume
@darthtitan8315
@darthtitan8315 Ай бұрын
52,000 a year. There are 52 weeks a year
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@darthtitan8315 yes you are right, i was just going quick, should have double checked
@darthtitan8315
@darthtitan8315 Ай 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
@conrusco
@conrusco Ай 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.
@mandamus777
@mandamus777 Ай бұрын
Don't drip if the stock price is above your original purchase price. Only add if the price is below.
@TheVonWeasel
@TheVonWeasel Ай 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
@peaceful4you408
@peaceful4you408 Ай 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.
@mandamus777
@mandamus777 Ай 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
@juliocs5483
@juliocs5483 Ай 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!
@zoranzarkovic3344
@zoranzarkovic3344 Ай бұрын
A better strategy is to buy manually on Thursdays. That’s the ex-div date.
@audacesfortunaiuvat-m3q
@audacesfortunaiuvat-m3q Ай 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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
looking at the current holdings PLTY was added already, they still need MARO, which i forgot to mention in the video. Thanks!
@lordsarmy6574
@lordsarmy6574 Ай бұрын
@@audacesfortunaiuvat-m3q how much does 1500 of shares pay out?
@zinnburban
@zinnburban Ай бұрын
I have 6440 shares of Ymax and 2340 shares of Ymag. Big money.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@zinnburban that is big money!
@JUANGARCIA-bs6ev
@JUANGARCIA-bs6ev Ай бұрын
looking like 90k to make 1000 a week
@henrim9348
@henrim9348 Ай бұрын
@@JUANGARCIA-bs6ev that is over 2000 shares. Which pays you roughly $2,000 per month?
@torturetuesday5191
@torturetuesday5191 Ай бұрын
That's a rip off.
@kirmani619
@kirmani619 Ай 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. 👍🏾
@kirmani619
@kirmani619 Ай 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.
@iamwinstonpslack
@iamwinstonpslack Ай бұрын
@@torturetuesday5191its 52 weeks in a year
@Panguinguy
@Panguinguy Ай 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!
@johnandlukestube6405
@johnandlukestube6405 Ай бұрын
YMAX 💯 👍
@DrMediterranean
@DrMediterranean Ай бұрын
Really interested to see how the new FEAT and FIVY do
@ArdentLion
@ArdentLion Ай бұрын
there are 52 weeks a year, not 48
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
you are right!
@darkminer71
@darkminer71 Ай бұрын
Love YMAX man....Trying to get on your level still (this is dividend executive btw). Lets stack those shares!
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Today I bought a bunch more!
@darkminer71
@darkminer71 Ай бұрын
@@EntrepreneurInvestor let’s go!!!
@MarioLuigi-vb3rp
@MarioLuigi-vb3rp 14 күн бұрын
Get a loan on your holdings and buy more take some out for the loan and drip the rest.
@henrim9348
@henrim9348 Ай бұрын
Great job. How many shares are needed MSTY to pay $10k per month?
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
I'll be making more videos like this in the future thank you for watching!
@UrbanLoft1
@UrbanLoft1 Ай бұрын
2500 to 3000
@henrim9348
@henrim9348 Ай 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.
@Misterbsnshee
@Misterbsnshee Ай 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.
@slprn67
@slprn67 Ай бұрын
At 37.78/share, you need $121,000 to make $10K/month. Average distribution $3.12 since inception.
@jonny777bike
@jonny777bike Ай бұрын
For the weekly I use an additional sheet and put the sum of the months for ymax in my monthly dividend sheet
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Nice! how much is it paying you per week?
@Valente_Quintero
@Valente_Quintero Ай бұрын
0 is my current holding of YMAX. I cut ties with it and shifted to RDTE
@iroc341
@iroc341 Ай бұрын
YMAX ! Sitting on 3562 shares and still dripping to 5k!
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
wow should get there soon!
@Blairportfolio
@Blairportfolio Ай бұрын
Dropped 100k in it. Thats how i get 1k per week own 5k shares
@lordsarmy6574
@lordsarmy6574 Ай бұрын
I currently hold 779 shares of ymax 🎉
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
woohoo!
@darthtitan8315
@darthtitan8315 Ай 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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@darthtitan8315 definitely cheaper finding one etf for each week, but you open yourself up for single stock risk
@bethhynes787
@bethhynes787 Ай бұрын
Calculate the yield-on-cost & you can pick the highest yield for the lowest price- ULTY, NVDY, CONY, TSLY….
@peaceful4you408
@peaceful4you408 Ай 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
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
how awesome is that!
@wolfe5047
@wolfe5047 Ай бұрын
628 shares so far it is one of my smaller positions but growing it every week.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@wolfe5047 its a cash flow machine
@rell9161
@rell9161 Ай бұрын
Fire bro !
@praneeldatt4790
@praneeldatt4790 Ай бұрын
My goal is to get 1000 shares
@deancitroni4447
@deancitroni4447 Ай 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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Yes weekly, payment every friday
@deancitroni4447
@deancitroni4447 Ай 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
@avongsathian
@avongsathian Ай бұрын
Yup, I can confirm as well. They pay out every Friday but after the market closes at 6PM PST time.
@MB031
@MB031 Ай 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-bc2pt
@TP-bc2pt Ай 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?
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
I would reinvest 100% till you need the income, then withdraw 50-75% dividends and reinvest the rest.
@nyseat21
@nyseat21 Ай бұрын
Got 5000sh of ymax, 2500 ulty, 2000sh ybit and 2000 cony. Looking to buy another 5000 after the dividend in a few days.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
wow that would be 2k per week!
@nyseat21
@nyseat21 Ай 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!
@nyseat21
@nyseat21 Ай бұрын
@EntrepreneurInvestor Building in buddy. Keep up the good work.
@mattk5858
@mattk5858 Ай бұрын
so an over 50% yield? I want to believe this... but somehow the math ain't mathin'...
@Peter_4rm_greenland
@Peter_4rm_greenland Ай бұрын
Wouldn't you do 1000 times 52 ( weeks in a year) = 52000 not 48000
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
yes I made a mistake!
@lanav9679
@lanav9679 Ай бұрын
Super Cool ! Wow !
@bradanderson1024
@bradanderson1024 Ай 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
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Yes it can sink in nav eventually
@jonny777bike
@jonny777bike Ай 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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Yes they all eventually go down in price, YMAX will probably be the slowest
@juliocs5483
@juliocs5483 Ай бұрын
You think CONY will ever pay weekly?
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
No it wont
@juliocs5483
@juliocs5483 Ай бұрын
@ Ty
@TP-bc2pt
@TP-bc2pt Ай бұрын
Just got in 501 shares. Will DRIP or use the cash to buy JEPQ.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
@@TP-bc2pt awesome!
@joshua7999
@joshua7999 Ай бұрын
Jepq nav moves like pond water
@kooreh4998
@kooreh4998 Ай бұрын
How long will this go on for?
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
years i would assume
@kooreh4998
@kooreh4998 Ай бұрын
@ let’s says the price drops below $0 , will i still receive the same amount of dividends?
@torturetuesday5191
@torturetuesday5191 Ай бұрын
​@kooreh4998 no. They will do a reverse split and you will lose half your shares.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай 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
@kooreh4998
@kooreh4998 Ай бұрын
@@EntrepreneurInvestor yes the same with Cony?
@BryanBear5050
@BryanBear5050 28 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_investor
@the_humble_investor Ай бұрын
Love the video bro 🤟
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Thank you! Crankin them out in December!
@texmexbbq7085
@texmexbbq7085 Ай 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.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай 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
@BrianTX409
@BrianTX409 Ай бұрын
I have 4K shares and adding on any dips when share price drops below my average.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Awesome!
@cliffdariff74
@cliffdariff74 Ай бұрын
Good video, more like this
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Thank you!
@zoranzarkovic3344
@zoranzarkovic3344 Ай бұрын
3950 shares of YMAX. 3257 shares of YMAG. 13700 shares of BITX.
@michaelyoung2188
@michaelyoung2188 Ай бұрын
I think the new YM ETFs will be the big story of the week. You should deep dive into FEAT and FIVY.
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Yes i need to do research on them
@brianh9014
@brianh9014 Ай бұрын
Can you show an ulty breakdown. Thnks❤
@pl95984
@pl95984 Ай бұрын
Yield Max FEAT comming soon🎉
@nyseat21
@nyseat21 Ай бұрын
It is trading now
@firozlilani458
@firozlilani458 Ай бұрын
There are 52 weeks in the year
@jaiant21
@jaiant21 Ай бұрын
$1000 per week is 52k a year not 48k but great video
@shaneomack5018
@shaneomack5018 Ай бұрын
990 shares 🙋‍♂️ can we put $350 every Friday morning into it
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
awesome! Almost at 1k!
@GhostyMIA
@GhostyMIA Ай бұрын
you need about 80k
@fjr8329
@fjr8329 Ай бұрын
52 weeks in a year
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Yes
@URKlewless
@URKlewless Ай 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 🤣🤣🤣🤣
@fullauto1125
@fullauto1125 Ай бұрын
U need to, what your saying is wrong
@fullauto1125
@fullauto1125 Ай бұрын
Total return YTD is 33% versus 29% for S&P beating the market by 4% so spreading BS and you actually lean
@fullauto1125
@fullauto1125 Ай бұрын
Keep driving for uber kiddo
@natepitts3231
@natepitts3231 Ай 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-hl3ux
@RB-hl3ux Ай бұрын
😊
@NYCjohnDoe
@NYCjohnDoe Ай бұрын
This weeks Drip added 19 shares to YMAX 2887. shares. which is 28% of my portfolio
@EntrepreneurInvestor
@EntrepreneurInvestor Ай бұрын
Keep it rollin!
@iggy8848
@iggy8848 Ай бұрын
52 weeks in a year
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