You can just diversify yourself into different Yieldmax etfs such as NVDY, MSTY and CONY. Evaluation performance quarterly and make adjustment to cut losers and add winners.
@lordsarmy65747 күн бұрын
Nav erosion is too much for me.
@irenaeusofpensacola17 күн бұрын
Yield Max is coming out with sector ETFs (they snuck them into the prospectus for LGFY) that will allow broad exposure to different market segments. This is exactly what I've been waiting for, and I think there is a good chance that all of the portfolio ETFs that they are coming out with will pay weekly (which is very advantageous if you buy with margin).
@HonorableInvesting14 күн бұрын
Ahh interesting, I know yieldmax has been releasing a few new ETF's lately, I've seen there Dorsey Strategy and Target 12 but ya this new LGFY is a crypto ETF on 15-30 crypto companies, might have to make a video on this.
@autonestegg419518 күн бұрын
Respectfully unlike the S&P 500 YMAX fund only adds positions it doesn't kick out the dogs
@FinBotInsights17 күн бұрын
In a recent interview Jay the yieldmax boss mentioned that there is nothing in the prospectus that would prevent them from getting rid of some funds.
@DerivCapital17 күн бұрын
@@FinBotInsights n yet he still keeps the bs in ...
@ReiShirouOfficial17 күн бұрын
@@FinBotInsightsmrny still in Lots of trash still in They need to cut the bottom X amount of funds out of each week Even if it’s 1 fund removed per schedule
@FinBotInsights17 күн бұрын
@@ReiShirouOfficial I wouldn't mind that. Hopefully the community members with access to the right people can relay the idea.
@ReiShirouOfficial17 күн бұрын
@@FinBotInsights oracle tried Rod doesn’t ask hard questions to jay Doesn’t seem like it will I feel anyone in yieldmax needs to @ jay and their social medias until they change I sure as hell is not buying every new fund they release Fix your previous funds don’t spread out thin 💀
@paradiserelaxation608117 күн бұрын
Like I said many times before, you just have to buy 4-5 shares of $YMAX each day, forever and it will be good!
@BlairJohnsonEmpire17 күн бұрын
I'm curious why do you say every day and why 4 to 5 what's the math behind it?
@averageoptions17 күн бұрын
Thats like averaging down, faster. But the question is how low can you go?
@paradiserelaxation608115 күн бұрын
@@BlairJohnsonEmpire It's only to get the up and down of share price and keep my average close where the price is. It's nothing about maths but just my own ''feeling''
@paradiserelaxation608115 күн бұрын
@@averageoptions I can go low as it goes. It's always about you, your feelings.
@HonorableInvesting14 күн бұрын
365 x 5 x 60 years hmmm....
@uncleteddy7817 күн бұрын
What group is PYPY please?
@HonorableInvesting14 күн бұрын
so PYPY is in Group C and it pays out closer to the middle of the month
@uncleteddy7813 күн бұрын
@ awesome thanks.
@inquirer101617 күн бұрын
You're like SoCal Steve who loves YMAX. I think MSTY is a far better pick. You'll get richer much faster than YMAX. My MSTY position already paid for itself a long time ago.
@HonorableInvesting15 күн бұрын
Inquire I’m very glad to hear that and haha yes i probably am. I will look into MSTY, I understand the underlying stock has had a huge run up and I just wonder where it’s likely to go from here
@kingcoldva18 күн бұрын
Whats a good ymax strategy for investing 10k
@autonestegg419517 күн бұрын
@@kingcoldva amzy is solid, reliable
@juliocs548317 күн бұрын
Buy at DCA, dips and EX date
@thomasd548817 күн бұрын
Buy $100 worth, the day before the ex-div date, and $100 worth the day after the ex-div date. Do that every week, until you have invested all of the $10k. Why do it this way? I believe the market is heading down. Each week, as the YMAX shares are cheaper, you will get more shares for the $200 you invest each week. Also. Re-invest the dividends, DRIP.
@autonestegg419517 күн бұрын
@thomasd5488 like a schizophrenic? I kid, ...but each ex-dividend date the price drops by the amount of the dividend....always on sale then...and the highest price is the declaration date
@HonorableInvesting14 күн бұрын
DCA is the best in my opinion
@GordonA-Jr17 күн бұрын
The fact Jay holds MRNY is and has been pathetic, shoulda been gone a long time ago, ridiculous
@irenaeusofpensacola17 күн бұрын
It's not really Jay's decision.
@24_Delta17 күн бұрын
It was brought up during one of his recent interviews and I got the impression he'd be happy to close MRNY, but so many mathematically challenged people have been scooping it up that he can't justify it. Maybe a 10-to-1 reverse split would push them toward AMDY or ULTY instead.
@HonorableInvesting14 күн бұрын
Ya Gordon I feel like it isn't Jays fault, Jay does a great job but even I agree he would like to close MRNY but as to why they haven't it could be something internal or with regulations