WILL $50,000 in YMAX Pay Your BILLS with Weekly Dividend Income?

Рет қаралды 6,782

Күн бұрын

Пікірлер: 68

@fanxia3100 6 күн бұрын

YMAX have a few stinkers dragging it down. You could just buy the top performers yourself and evaluate performance quarterly to cut losers and add winners.

@wzcfd3 Ай бұрын

Thanks for the vdo. I just realized that I should move my money from A to YMAX for better earnings. Time to dine out!!! Btw, I also hit a subscribe button for you. 👌

@DrumStopTV Ай бұрын

Short answer. Yes, yes it will. I have $60k in ymax and is one of my largest holdings. The trick is to use margin to your advantage and have the dividends pay back the margin while your drip grows

@TheRealDouglasJOlson Ай бұрын

How are your dividends both paying back the margin AND DRIPing?

@brandongerofsky4817 Ай бұрын

Probably half and half. Half Reinvested half into margin.

@ophirmayer1 Ай бұрын

Until a downturn get you a margin call pretty quickly

@deekon3994 Ай бұрын

you should be using the average, not the latest. about .20

@tanisharbaap Ай бұрын

And you need to take into account NAV erosion. YTD return on YMAX is around 26% - not 70% or whatever you are calculating. This includes all dividends and NAV adjustments. Of course, 26% return is still pretty decent.

@Tensai_Trades Ай бұрын

Even less, I'd say .15 per share. There are days where it's as low as .12

@youngfarang1 20 күн бұрын

“Nav erosion” only exists if you sell These are income funds Generally people don’t sell

@DhirajDedhia-z8v Ай бұрын

Appreciate your video 😊 . Keep them coming. However few pointers- 1. Take an avg of .18 or so weekly 2. Take 52 weeks and divide the amount by 12 3. Need to factor in withholding taxes and income taxes. 4. If you keep withdrawing & paying your bills, with the NAV erosion, # of shares remain constant, & Distributions might decline in the long run if you don't DRIP and DCA. Just my thoughts. Correct me if I'm wrong. 🤙

@HonorableInvesting Ай бұрын

Ya anytime🙂. Yes yes, ahhh ya haha that’s a better way to divide it. Ya absolutely, we could take of 15-30% from that monthly income. Absolutely agree, Dhiraj I totally see your point and I appreciate them, nah your absolutely right

@DhirajDedhia-z8v Ай бұрын

@@HonorableInvesting🙂

@Blairportfolio Ай бұрын

You need at least 100k invested imo because you gonna get those days of $0.10 so that way you'll always make at least $500 a week at a low and 1k on average

@robertmyers8409 Ай бұрын

Keep the day job, while using the drip with YMAx. The snowball affect is well worth it

@HonorableInvesting Ай бұрын

Oh Robert absolutely, that’s what I’m doing right now and continuing to add cash with that

@alefillman 24 күн бұрын

Good to know, thanks for the vid. How many shares do you have?

@jasoncohen9484 Ай бұрын

just sold 900 shares of QYLD and put it into Ymax. Brings me up to 3400 shares. My goal is $1000 a week using the minimum payment of .18 cents per share. I have some ways to go.

@oracleSD Ай бұрын

With the price constanly going down over time a person would need to reinvest a certain percentage of their dividends in order to keep the initial investment amount.

@azuar1 18 күн бұрын

This is good

@HonorableInvesting 14 күн бұрын

gooood

@simplyjeff5001 4 күн бұрын

How has YMAX been going? I have JEPQ, but I am looking at doing this ETF as well.

@HonorableInvesting 4 күн бұрын

So far so good, overall I'm still up about 8% from my previous position but its really all over the place because of how the market has been preforming lately. When we have a stabler market then it will be easier to see the consistent growth from YMAX :)

@thebes118 Ай бұрын

I am getting in a lot of Yieldmax ETF'S. One Defiance ETF. Still putting a small amount into BDC'S, one REIT and one tax free. I just hope there are no troubles for Yeidmax.

@JimMoore 24 күн бұрын

Look closely at the ROC charts. It seems that the FULL dividend should reflect this, but it doesn't.

@michaelliati1515 18 күн бұрын

YMAX’s dividend per share payout is way too small and there’s dozens and dozens of other ETFs like it that will give you a much higher payout. MSTY, TSLY and AIYY are much better and higher

@HonorableInvesting 14 күн бұрын

Michael that is true, just YMAX holds 28 underlying ETFs where as something like MSTY or TSLY only hold 1 so we can argue MSTY and TSLY are more risky

@iptvclub1575 Ай бұрын

That last dividend was higher than normal. Shouldn’t take that. Should take the average

@HonorableInvesting Ай бұрын

That’s true, I heard the average is about .18 but I know YMAX is all over the place even paying .30 sometimes so I just did I it with .24🙂

@iptvclub1575 Ай бұрын

@ it’s paid 0.30 only 1 time. It’s also paid .12 and .14 a few times as well. With these type of funds it’s better to be conservative because you’re also not factoring in NAV erosion.

@michaelgordon3241 Ай бұрын

I'm sure it can,depending on whether it's a bull or bear market. I'm hedging all my bets on APLY,AMZY,MSFO,NVDY,MSTY,SQYTSMY,YMAX,ULTY. JPMO,ABNY,MRNY. The ugly forgotten ducklings always end up turning out to be mega

@Schultzman Ай бұрын

Please split your screen with calculator on one side and table on the other to minimize jumping around. And stop moving your mouse so much

@LeeMullins-b3b Ай бұрын

Is it better to buy NVDA or NVDY I have $57,000??

@HonorableInvesting Ай бұрын

Lee I can’t answer that question for you but one thing I would say is what are you looking for? Do you want capital appreciation or dividends. As well why only NVDA & NVDY, have you looked at other stocks too?

@optionfinder3663 Ай бұрын

You should take the average of one month.

@00dsrtfrmr49 23 күн бұрын

2500 will become 50,000 in no time with YMAX. Set and forget.

@62ndcombatengineerSpecialist Ай бұрын

I can't invest in anything lower than $2 per share ,, smcy till it pops

@averageoptions Ай бұрын

Didnt you get like taxed for the dividend?

@thebl1ndbat Ай бұрын

Yes

@ARIN4UK Ай бұрын

No one ever factors that in….

@averageoptions 23 күн бұрын

@@BuyAssets it matters to me because i pay 30% dividend tax on any amount. No threshold, no limit. My country has no tax treaty with US so yeah, it matters to me. And no one's crying.

@averageoptions 6 күн бұрын

@@BuyAssets lol. i was crying? a question about tax was deemed as crying? which school thought you that? did you see any cry emoticon in my comment? when did I mention I speak for everyone? Wasn't it my comment that you replied? Did I mention anything about cash flow? lol. so many assumptions. worry about yourself. the audacity. lol

@averageoptions 6 күн бұрын

@averageoptions apparently someone tried to point out spelling issue when theres no point to argue. lol. Park this comment for my forever win.

@austinfarrell2874 Ай бұрын

The dividend is not 24 cents each week it fluctuates too much. You need to do an average on the dividend

@DrumStopTV Ай бұрын

The average is .20 cents

@Blairportfolio Ай бұрын

You guys are correct. I know because I invested 100k in ymax

@simplelogic2458 Ай бұрын

Let's Goooop!!!

@gugustoy6208 Ай бұрын

Let see i pay my bills what happens if the price doesn't recovers ???

@iptvclub1575 Ай бұрын

@@gugustoy6208 agreed that’s why you have to be able to reinvest a portion of the dividend in order to maintain total return over time.

@FightcadeMatchups Ай бұрын

use half to pay bills and other half to buy the dip

@gugustoy6208 Ай бұрын

You think half will do to even ?? Did you do your numbers@FightcadeMatchups

@mikezim0001 Ай бұрын

I see that over the past year the price has consistently fallen from roughly $22 down to $17. Is this something I should be concerned about? Thank you for your responses!

@jager6863 Ай бұрын

Your math is off. Multiply the weekly income by 52 weeks, then divide by 12 to get the monthly income. All your estimates are low. Thanks for the video.

@JimMoore 24 күн бұрын

Shouldn't you factor in the ROC on these dividends? They are significant.