ULTY splits I’m out. All those stocks within the fund to play with and they can’t keep it together. I have 3000 shares and I’ll still be out. There’s no reason for them to split. They need to figure their shit out.
@taylorkaat-nn3nr21 күн бұрын
Drop that yield to 20 cents for all I care, do not split ulty
@the_humble_investor21 күн бұрын
I will make $9100 this week.
@juliocs548321 күн бұрын
This will be my first CONY distribution…was expecting a little bit more but $330 not bad for my first payment…meanwhile my SCHD is literally like watching grass grow. 😂
@moresugartradercc274421 күн бұрын
@@juliocs5483 and only paying once every 3 months
@EntrepreneurInvestor21 күн бұрын
and paint dry
@HungryGirlWorld20 күн бұрын
😂😂😂😂
@MB03121 күн бұрын
Good video ! I built my own YMAX out of Yeildmax etf's, I just picked those which pay the most 5 out of each group.This dividend snow ball is insane. Also I throw little bit of left over cash into Ymax every week. Tidal and Zega merged, so that's a good news which can predict longevity.
@joaquinalonsoperezaguirre63720 күн бұрын
Which did You pick?
@JeffNix19 күн бұрын
Hello thanks for your videos so if products like ulty continue to erode in value to the point they reverse split I'm wondering have you ever calculated your total gain assuming that this one is already down by 50% since they pay non-qualified dividends to tax rate is higher and you have significant slippage with the value erosion I wonder if you calculated what your net gain is after these considerations
@russellbee31121 күн бұрын
I don't think ULTY is that good of a fund. They sell out-of-the-money covered calls for income and then buy another call further out for more upside potential. But these secondary calls they purchase rarely get used. So you see the full downside of the investments and the upside is limited by the covered call. I think they need a Wheel Strategy fund similar to WEEL. Sell Puts and then sell covered calls to generate the income. I'm looking to do that myself on MSTU. High premiums and no NAV erosion. People who can trade the options themselves are much better off, but I guess people who can't or don't want to then ULTY is the next best thing. Right?
@EntrepreneurInvestor21 күн бұрын
Yes ULTY does the work for people, learning options is difficult and complex, some brokers don't even have the feature for their investors like m1 finance.
@Returnofthejedi200021 күн бұрын
Great job … you are correct on ulty and ybit is the same they set their strikes very close to the money for maximum yield but almost equal nav erosion you half to take the dividends then subtract the appreciation and that’s you real distribution rate same for ybit … take care
@Timsinkovitz2.020 күн бұрын
The volatility has sunk lately which lessens the premiums collected. Group B payments sucked, Group C has sucked and next week MSTY and group D will declare..... It will also suck compared to the norm. This happened in the summer, can't recall the month or months but I do remember 2 months that kinda sucked before a record high in dividends in November. The volatility will return to normal and payments should go back to the norm.