Investing $50 A DAY Into YMAX! How Much Will My Income Increase?

[@Returnofthejedi2000]

Great job love your strategy…I did some rebalancing today and purchased 500 shares of Ymax at $17 absolutely amazing price… take care

[@EntrepreneurInvestor]

Nice work!

[@RB-hl3ux]

😊 I purchased shares of YMAX yesterday (1/2/25) at $17.🎉

[@Illuminutty2023]

The nav erosion is pretty silly in these lately, ending of year sell off, happens every year at new years lol don't panic folks

[@EntrepreneurInvestor]

yes tax loss harvesting usually at this time of year

[@SoCalStevo]

YMAX to the max! My favorite fund!

[@EntrepreneurInvestor]

@@SoCalStevo it really is great! Even on a day like today it held up pretty well!

[@lordsarmy6574]

@@SoCalStevo how many shares do you hold?

[@haggyhag]

What website did you use there to compare YMAX and QDTE total return?

[@EntrepreneurInvestor]

@@haggyhag dividend channel

[@haggyhag]

@@EntrepreneurInvestorThanks. Just curious I see youre down $1400/14%. Have you broke even or went positive yet when accounting for dividends or are you still trying to break even from the NAV erosion/loss from price decline?

[@EntrepreneurInvestor]

@@haggyhag I am up over 10% when i show my dividend spreadsheet including dividends!

[@UnstoppableYou1991]

How long do you think ymax will be staying around?

[@EntrepreneurInvestor]

as long as the fund managers are makin money haha

[@ChuckDavis360]

Nice. They really improved the fund. Looks like I better get back in. Thanks for the hard work you do.👌👏😊👍

[@GK2023BBQ]

My YMAX dividend is a little over 11k tonight, I know the NAV decays but not like the other single stock etfs, also ever since yield max started their credit spreads YMAX is much more stable

[@EntrepreneurInvestor]

@@GK2023BBQ wow! 11,000 per week!?

[@GK2023BBQ]

@ depending on the week obviously but yeah let’s just say I’m all in on YMAX lol

[@EntrepreneurInvestor]

@ what are you doing with the distributions?

[@GK2023BBQ]

@@EntrepreneurInvestorI’ve been buying shares of CONY, TSLY, APLY, AMZY I’ve gotten those 4 up to 500 shares I also have been buying SPYT that one is up to 520 shares goal there is to get to 5000 SPYT The others I think I want to get to 1000 each That being said I also want to pay down my debt of 470k margin this 2025 but not sure how much I will pay down if I’m trying to reinvest at the same time I do pull out about 1k a week cash from the Robinhood spending account from a ATM also

[@GK2023BBQ]

@@EntrepreneurInvestor Have bought 500 shares of CONY AMZY TSLY APLY Have bought SPYT 520 shares going to get that to 5000 shares maybe Pulling out 1k from ATM through Robinhood spending account Need to start paying down the 470k margins debt in 2025

[@Waynetempleton]

Just watched a video about how the yield after taxes and nav erosion is just under 30% which is good but not 100% site accurate

[@EntrepreneurInvestor]

True thats still great, any time you make some income it gets taxed, its the way of life.

[@shaneomack5018]

First off excellent job brother, we just hit 1000 shares of WinMAX last week and got $227 in distribution today. On average we’re putting $20 every single day in a Waymacks it just rolling and rolling and rolling it until we’re up to $1000 a weekand distributions.

[@RB-hl3ux]

😊Great Video😊

[@thatoneguy4646]

Why not do a % instead of a $, that way you share count grows too.

[@IKEBULLTV]

You think Ymax is long term ?

[@EntrepreneurInvestor]

Yes

[@IKEBULLTV]

@ bet putting in 10000

[@acem3129]

quality video, thanks for uploading I'm only buying YMAX and MRNY atm

[@EntrepreneurInvestor]

MRNY is risky in my opinion

[@lordsarmy6574]

Can you retire off ymax? I currently have 860 shares.

[@EntrepreneurInvestor]

Yes you can! Just figure out how much you need to live off and how much you can reinvest and find the right balance.

[@jon8than]

Everything is dropping, anyone getting worried. I got a lot in cony and it’s going down quick. Hopefully comes back up.

[@EntrepreneurInvestor]

Cony is very volatile. Single stock risk

[@GK2023BBQ]

🙋🏻‍♂️🙋🏻‍♂️🙋🏻‍♂️ worried

[@xterra4hire]

It will be fine it’s end of the year bs

[@jon8than]

@@xterra4hire good, that’s what I have been thinking. Any idea the dividend payment this month?

[@xterra4hire]

@ honestly I just wait till the day of announcement

[@SaintLaurent9269]

@EntrepreneurInvestor Keep feeding the content man ...Lets go !!

[@EntrepreneurInvestor]

will do! I've really been enjoying it!

[@danottow487]

I’m retired with 32K shares working towards 40K by next year more money then I’ll ever need. I drip half and collect the other half your thoughts?

[@EntrepreneurInvestor]

Yes the 50/50 is working well so far

[@briant5135]

40k of ymax holy cow lol.

[@Daniyoyo]

I’m doing the same with FEAT

[@EntrepreneurInvestor]

awesome, FEAT should pay well

[@su0019]

whats your take on misty

[@EntrepreneurInvestor]

@@su0019 could be time to buy

[@Not_Sure_]

Just picked up 100 more @17.00 Looks like the market is reacting to the price of bitcoin. I expect bitcoin to drop lower. I will wait for the drop.

[@EntrepreneurInvestor]

nice! going to pick up more shares with my $50 a day now

[@davidv.388]

i'm doing 10 a day for the next 6 months.

[@the_humble_investor]

Black Monday 😢

[@EntrepreneurInvestor]

indeed!

[@rickmeade6057]

rock on

[@Thebrokeragemoneymachine]

Are you accounting for the 1.28% expense ratio compared to SPY .0945and QDTE .95%?

[@EntrepreneurInvestor]

that was not accounted for in the calculation

[@CNYP10]

Man I watch every video, but I don’t think it fair to sell this div tracker for 20. dollars when it’s just a duplicate you got from another KZbinr for free. Minus a couple taps. At least give your version away for free too since it’s just narrowed down.

[@EntrepreneurInvestor]

@@CNYP10 its not the same, i created it with features that are relevant to dividend investing. Using formatting and functions i learned from tutorials online. Started with a blank document

[@MB031]

What did you sell to get $29K buying power ? You have buying power $0.00 usually..but you r doing so well w yr portfolio👍

[@EntrepreneurInvestor]

@@MB031 i enabled margin, they give you basically your account value, i try to use very little of it to not get in trouble

[@EntrepreneurInvestor]

@@MB031 if i went full margin today would be ugly

[@MB031]

@@EntrepreneurInvestor ohh ok, I'm scared of margin, I can't afford to lose.Barelly making a living now.

[@MB031]

@@EntrepreneurInvestor just curious what interest RH gives on that margin loan?

[@EntrepreneurInvestor]

@ 5.75% for me

[@EmirBabic-st2yp]

AI can make a dividend tracker spreadsheet for free

[@sirnubenegra]

You are losing money bro. Stop giving money away

[@EntrepreneurInvestor]

I am not

[@extremecarpetcleaning-wvwi86]

After taxes and nav erosion maybe, depending on tax bracket you are in.

[@extremecarpetcleaning-wvwi86]

​@@EntrepreneurInvestor if you are actually retired and taking dividends, nav erosion is a really big deal because you can dwindle it away with 14 percent nav erosion every year. Hopefully that stops eventually. Its definitely to good to be true. I could move 100 percent of my money in ymax and retire tomorrow but if it seems to good to be true it probably is. I'm buying very little at a time to see what happens.

[@EntrepreneurInvestor]

@ you can withdraw 50% and reinvest 50% seems to work well as of now

[@kiddkuru]

YMAX has been beating QQQ and SPY

[@darthtitan8315]

What do you think about RoundHill MAGS?

[@EntrepreneurInvestor]

i'll check it out thanks!

[@MrCentinel]

Good morning, please I’m having difficulty to locate the download link. 14.99 deducted from my account since yesterday and I have the confirmation #. Please email me now. Thanks

[@EntrepreneurInvestor]

Yes I will email you thank you