YieldMax Fund of Funds YMAX, YMAG, & ULTY August 2024 Distribution Estimate of the Estimate v2

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Retire on Dividends

Күн бұрын

Пікірлер: 42

@RetireonDividends 2 ай бұрын

Take 1: kzbin.info/www/bejne/kIKUn5SGjdSibMU

@dhale751 2 ай бұрын

I honestly think they will turn ULTY around. I keep hearing all these rumblings (with no basis), about reverse splits, blah blah. This traded down to 9.74 and bounced back with the market. The reasons I believe they turn this around: 1. Flexibility. They can remove and add whatever they see fit to help the fund. 2. They OWN the underlying shares. So for example, if a short call blows through the strike, they buy back that call, at a loss yes, but they can sell some REAL stock (which would have increased), to offset the call loss. Again, they have the flexibility to do that. 3. Diversity. Yes, the fund is comprised of volatility. But look at the different industries it holds. Very diverse as compared to just one single stock. If it does split, that sucks of course. But based on my reasons I think they get a hold of this!

@rodreddick 2 ай бұрын

Thank you my friend trying to increase my ulty to 1,000 almost there took a margin loss to do so 😢😅

@mytrueserenity5666 2 ай бұрын

Appreciate the work on this! I was hoping for more from ULTY, but till okay, especially after the few weeks we've had.

@BWilliams757 2 ай бұрын

Thank you Mark!

@jairosambula3707 2 ай бұрын

I love it! I don’t want to be taken out of the market!

@mikedee4540 2 ай бұрын

Like the ULTY move , 15-18 sweet spot

@mengkham 2 ай бұрын

Anyone buying more ULTY before the Reverse Split? ULTY have such a high Yield

@lt9398 2 ай бұрын

That would be nice to have more stability with the NAV. Thanks

@markbaeten4734 2 ай бұрын

I like the adding of the Q's and AVGO! NAV has been crashing very fast here!

@MuzixMaker 2 ай бұрын

IMO the monthly announced "yield" is a mostly pointless and probably misleading metric since the SP changes constantly (mostly down). I prefer to keep track of my average YOC; Gives a truer picture of how my investments are performing.

@Vnix 2 ай бұрын

Could you do a quick update on YBIT? Plz.

@ConundrumProductions 2 ай бұрын

I agree, good stuff ❤! Thanks for the video 🎉

@aaronchen3196 2 ай бұрын

❤❤❤thank you ROD❤❤❤

@indydawson 2 ай бұрын

Final word

@Martmi29 2 ай бұрын

A lot of people must have sold out on or after the August 5 crash so the net-amount of shares did not increase.

@erickkillian5590 2 ай бұрын

Awesome content as always! I am glad that YMAG appears to beat YMAX for the first time. In case you do decide to do the weighted average, I use the SUMPRODUCT formula divided by 1 to get my weighted average (I’m sure that you knew this though). Thank you again for your awesome content!

@misterringer 2 ай бұрын

I think the recent market shakeout has people hesitant to buy anything. Might get less last minute buys this month. I am happy with anything over 35% honestly.

@mengkham 2 ай бұрын

I think it was dumb for yieldmax priced YMAG starting price at $20. It would have been a better fund if it was started at $40-$50 per share

@CoffeeHolic4Life 2 ай бұрын

👍👍👍

@needlemiejer143 2 ай бұрын

at what threshold will ym have to do a split on ulty if the shares price keeps dropping?

@ThomasClementsRVA 2 ай бұрын

Thanks for your hard work 💪💯💪💯 Greatly appreciated 💯💯💯

@MuzixMaker 2 ай бұрын

ULTY if correct is poor.

@HoneyStoneFarm 2 ай бұрын

Is this the first month YMAG beats YMAX? I think it is.

@jeffreystevens4129 2 ай бұрын

Ulty I bought at 13 and 14 so this and previous divident don't make up for nav erosion, so loosing in 1.5 months

@mmmyeahh 2 ай бұрын

It’s a risky play , it’s a fund where you “hope” those high volatility stocks pump . I don’t like it . They’ve talked about adjusting how they manage it , because they realize it’s not working. That being said I have 500 shares at $14 because I’m a dumbass.

@jeffreystevens4129 2 ай бұрын

@@mmmyeahh I have 1000 much dumber!

@Yieldthief 2 ай бұрын

Good stuff brother 👊

@frankvullo-f3g 2 ай бұрын

Rod isn't ulty 1.30 away from a reverse split? I thought when these funds hit 10 they reverse split?

@Martmi29 2 ай бұрын

They need to do it before it hits $5. That's when it can get de-listed from certain exchanges.

@frankvullo-f3g 2 ай бұрын

@@Martmi29 ok great thanks for info. So tsly went to 5 before its split? Do you know if tsly was the only one to split so far?

@Martmi29 2 ай бұрын

@@frankvullo-f3g No TSLY was at $8 and change before the split. Only TSLY has done the split so far in yieldmax but Jay said they don't want the funds to hit $5 so they will do the split BEFORE it hits $5.

@frankvullo-f3g 2 ай бұрын

@@Martmi29 @Martmi29 so if you take into effect all the downside you really need to commit to holding these for over a year to make financial sence do you agree?

@Martmi29 2 ай бұрын

@@frankvullo-f3g I agree, but the way that I do it is to buy my initial position let's say that's 100 shares, then I harvest the income until the fund is down by 80% (I price in the downside) then I will buy 5x the shares at 80% drawdown. This will cost the same dollar amount to buy 500 shares as it did the first 100. The dividend you received should be slightly more than when you got in for the first 100 shares, but your cost basis will be a lot less because you will have been receiving dividends the whole time on the way down. That's the only way I find these make sense. Also, do these with many funds simultaneously instead of all in one or two.