ARE HIGH-YIELD DIVIDENDS TOO GOOD TO BE TRUE? || YIELDMAX DIVIDEND ETFS

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ARE HIGH-YIELD DIVIDENDS TOO GOOD TO BE TRUE? || YIELDMAX DIVIDEND ETFS

Рет қаралды 7,886

Күн бұрын

High-yield dividend Investing, Yieldmax, Defiance, Roundhill, CONY, AMZY, MRNY, FBY, PYPY, TSLY, OARK, APLY, NVDY, GOOY, NFLY, DISO, MSFO, XOMO, JPMO, AMDY, SQY, YMAX, YMAG, MSTY, ULTY, YBIT, CRSH, GDXY, YBIT, FIAT, ROTN DIPS, QQQY, JEPY, IWMY, SPYT, XDTE, QDTE, YBTC, KLIP, SVOL
Khmer's Discord: discord.gg/K4bPMQjmrg
/ @wethekhmers

Пікірлер: 114

@SoCalStevo 2 ай бұрын

Sign up for a RobinHood Gold membership and help me earn their credit card! (not a sponsored link, I receive no revenue): robinhood.com/creditcard?referral_code=50cf1830

@ifern4545 2 ай бұрын

My investment in MSTR is up +191% since Feb/2024. My NVDA investment is up +136%.

@SoCalStevo 2 ай бұрын

Excellent!

@cliffordhussey8549 2 ай бұрын

It is truly too good. Just understand the volatility and the share price decline. One needs to manage your investments among the yield max family. This has been an exceptional income opportunity apparently not for the timid and the nonbelievers.

@CraigBVideos 2 ай бұрын

I have been doing my own synthetic covered calls (PMCC) for years and I can see a high yield with the right underlying stock.

@SoCalStevo 2 ай бұрын

Great job!

@Rroy20 2 ай бұрын

You won't know something is too good to be true until you try it (or at least look into it), I've learned that personally. I've always had that preconceived perception before and I've been proven wrong. Keep up the quality videos mate.

@SoCalStevo 2 ай бұрын

Well said!

@TomJeffreyJr 2 ай бұрын

Steve, I like both the pathway and conversational style of your videos. When you are presenting more complex topics the pathway style is good for walking newcomers (like me) to high yield investments through a topic. The conversational style is great for less complicated topics or opinion pieces. Thanks for all you do for us!

@SoCalStevo 2 ай бұрын

Thanks for the feedback!

@Talkbouit-bh5oh 2 ай бұрын

Yield max Wrung the bell at the stock exchange so nope cant be a scam

@roncraft2042 2 ай бұрын

Rang the bell?

@Talkbouit-bh5oh 2 ай бұрын

@@roncraft2042 kzfaq.info/get/bejne/rq93h69mnsjSqXU.htmlsi=4guirWMMhUIfGr0q

@Lexusdude59 2 ай бұрын

Brah, last Friday they were invited to ring the nyse closing bell. And Jay P. did so.

@Talkbouit-bh5oh 2 ай бұрын

@@Lexusdude59 yes 💰💰💰💰

@michaelgordon3241 Ай бұрын

Lol just like Bernie. .you could've quadrupled your portfolio in NVDL from Jan 1 to today. It's not a matter of à scam..its a matter of whether Yieldmax is sustainable..take profits

@Lexusdude59 2 ай бұрын

Yo Stevo, excellent point(s)! The stigma of something new seems to bring on fear. When most are finally comfortable with the change, the front runners are already smoking cigars and eating caviar.

@bernardclements 2 ай бұрын

Excellent presentation, SteveO💯💯💯 Keep up the amazing work 💯

@SoCalStevo 2 ай бұрын

Thanks Bernard!

@patrickgallardo5998 Ай бұрын

First time I listened to you and learned about YieldMax 2 and a half weeks ago. Thank you for your isight. I am soaking up all the info I can.

@SoCalStevo Ай бұрын

Great to hear!

@JG-DivMan 2 ай бұрын

Good video, Stevo! Thanks for all that you do.

@SoCalStevo 2 ай бұрын

I appreciate that!

@edbrandt8972 2 ай бұрын

Yield Max ETFs and the others are the real deal. Like any investment, there are always risks. So it is important to understand the risk vs. rewards of these funds. It is also very important to understand how these ETFs will perform after a significant market correction. And what is your plan after a market correction? There is no way to know what your monthly dividends will be after the next big correction. My approach will be diversification so I will have the opportunity to buy more at the bottom and or reallocation from other investments/cash. I would not want to allocate 100% of my brokerage assets into YM and other HY ETFs....but I think they are the real deal.

@petediaz9310 2 ай бұрын

I’ve made the most money in the shortest amount of time selling options so I know it can be done especially by pros

@AntBoogieWorld Ай бұрын

I have been in YM for a year now love it. Im doing way better with these then growth that is my personal journey. I was happy years ago getting 10 cent a share and 15 to 20 cent was huge

@oliverpazdry1750 Ай бұрын

Started adding ymax, let's see where it goes

@SoCalStevo Ай бұрын

I like YMAX!

@edbrandt8972 Ай бұрын

@SoCalStevo , What is your approach to reinvestments of dividends? To what extent are you spending all the dividends, doing direct DRIP, or pooling the dividends and reallocating as you see fit? I think you have to reinvest to some degree if you want your dividends to stay stable and or grow over time.

@scottv1977 Ай бұрын

I watched a video where they were saying the manager of Yieldmax says that you need to reinvest 2/3 of the dividend to help with the NAV and dividend payout.

@edbrandt8972 Ай бұрын

@@scottv1977 This is not a set it and forget it investment. I have some small positions in YM and I am in no hurry to make it a major holding in my portfolio. Time will tell....

@SoCalStevo Ай бұрын

I'm focused firstly on 100% return on investment, so I'm reinvesting the majority of the distributions back into YM funds. I don't direct DRIP, no benefit really, I actively reinvest. Once I grow my distributions to a level I'm satisfied with, I'll reinvest is more stable but lower yielding funds, and see how consistent the payouts will be.

@edbrandt8972 Ай бұрын

@@SoCalStevo sounds like you have a solid plan.

@edbrandt8972 Ай бұрын

@@SoCalStevo so I mostly focused on a covered call strategy on the small caps. I use a 3x leveraged ETF. I am will use some of the proceeds to buy some YM ETFs and maybe some others. I also like BITX for it's dividends and covered call premium.

@bikerman53452 2 ай бұрын

Just like you said in the video you can see all the trades they make. They are working to make everyone money.

@SoCalStevo 2 ай бұрын

I for one appreciate all their hard work!

@user-jb1qt2cf8x 2 ай бұрын

You know i had question in my head. If they can print money from option trading why they need us? They can do it fot themselvs no?

@SoCalStevo 2 ай бұрын

The use the money we invest when we buy shares to do their options trading.

@deadpurple 2 ай бұрын

New to Yieldmax, thanks for the great information. Only thing I have is 1000 shares of MSTY. Should I sell to diversify or use the dividends to buy other more stable etf’s such as AMZY?

@SoCalStevo 2 ай бұрын

Diversification is always a good thing since some months MSTY/bitcoin will be down.

@normancarbajal5154 2 ай бұрын

Good video and presentation style 👍…

@SoCalStevo 2 ай бұрын

Thank you! 👍

@JPWild1 Ай бұрын

Recognizing that you aren’t a financial advisor, what might you advise someone starting out in high dividend investing? For this example let’s say they are comfortable with above average risk and are already doing a lot of their own covered calls and selling puts. What do you think are appropriate percentage ranges for selling premium, buy and hold and high dividend investing for a portfolio of someone who has many years to retirement and someone with just a few years to retirement? I’m guessing you have other types of investments. Many thanks for chewing on this on and all of your great content!

@SoCalStevo Ай бұрын

I don't do options trading myself, I've done swing and day trading. In Khmer's discord there are options traders who incorporate high-yield dividend investing, check it out, ask questions there. For options for starting getting into high yield dividend investing, check out my MAUI video or this one kzfaq.info/get/bejne/qstyntiSs8yudJc.html

@jonnya6738 Ай бұрын

I'm in these for the income. Great video brother

@SoCalStevo Ай бұрын

Thanks! And keep up the good work on your channel!

@kabinovskorner7205 Ай бұрын

I just started buying Yield Max ETFs. My plan is to get a decent amount of shares of some of them and then use it to buy ETFs and stocks from fortune 500 companies.

@SoCalStevo Ай бұрын

Sounds good!

@Robsstuff 2 ай бұрын

Great video! Thanks for making it!

@SoCalStevo 2 ай бұрын

Thanks Rob!

@MonteHoopla Ай бұрын

one cannot just throw every yeildmax fund in a bag and say how good or bad they are.... One needs to take etf by etf....ULTY is a dividend trap

@kennethlucas6731 Ай бұрын

Hey, what do you think about yield boost etfs? They sure look very awesome!! Please do a video on these! Thanks!!

@SoCalStevo Ай бұрын

I think yieldboost has potential... but to be honest it'll be hard to out-do yieldmax.

@Talkbouit-bh5oh 2 ай бұрын

Add unit stock too its great on divdends”s

@tylerbitcoinstacker 2 ай бұрын

You sound like a Bitcoiner...Or a closet Bitcoiner....😂 Either way, great channel and keep it rolling!

@SoCalStevo Ай бұрын

Thanks!

@barlew520 2 ай бұрын

Another interesting video!

@SoCalStevo 2 ай бұрын

Thanks!

@SummitMan165 2 ай бұрын

Good video! I started recently following your channel, and like it to date. Do you show what’s in your portfolio in one of your video ?

@Kinosis79 2 ай бұрын

He doesn't share his portfolio.

@SummitMan165 2 ай бұрын

@@Kinosis79 so what’s the point of all his channel ??

@SoCalStevo 2 ай бұрын

I'm one of the few high yield divdend channels that does not share my portfolio (though I update on dividends) nor do I do any spreadsheets. What the point is of my channel since I don't do either, you decide.

@SummitMan165 2 ай бұрын

@@SoCalStevo ok, I see and understand your point. English is my second language so please excuse maybe my harsh words. Because your 100% yield, I suppose your into some high flying Yieldmax and Defiance ETF. It makes just more difficult to embrace your style if not seeing what your invested in. I’ll go through your channel more in depth so I can figure more of you’re strategy.

@ericvillalobos7751 Ай бұрын

great video!

@SoCalStevo Ай бұрын

Thanks!

@deanrotering879 Ай бұрын

Wondering how you feel now?

@SoCalStevo Ай бұрын

I don't understand

@deanrotering879 Ай бұрын

@@SoCalStevo Sorry how do you feel about it after the current price drop. Buying opportunity or wait to see if the market corrects.

@DriftoMunkeE 2 ай бұрын

Well said

@SoCalStevo 2 ай бұрын

Thanks!

@michaelgordon3241 Ай бұрын

Just think of how these etfs would react in a Covid like event. In my general experience,if it sounds too good to be true,it usually ends up imploding. Yieldmax is not a scam but high risk.

@SoCalStevo Ай бұрын

They would act like any other stock in a bear market. They would dip, like all the rest. But historically, all bear markets end eventually and the market trends upwards again.

@michaelgordon3241 Ай бұрын

@SoCalStevo not necessarily. Remember, all the downside,capped upside. Options are a form of leverage. Volatility decay is real. For example, I used to maintain a highly leveraged Etracs income etn portfolio last year. Everything was great until September and October 2023 when they started dropping 30-45% in 7 weeks. The etns I own(ed)were(are) relatively rangebound until that correction happened. They were the only ones that didn't go to 0 during Covid. If you look at the chart on SMHB, for example you can see it dropped from $16-19/share to $1.99. It's right in the prospectus they can go to 0,so at -28% from the high I cut loose. There's often a fine line between risk management and panic selling. I had no idea that after most of the etns I held went to new all time lows or near Covid lows, they would end up retesting or exceeding July 2023 highs by the end of December. On the other hand, options etfs like TSLY and OARK never recovered. TSLA might be popping today but for anyone that purchased pre-reverse split at 20/share aren't very happy. The leverage - momentum-of the upside and downside- is why the etns were able to overcome their July 2023 highs before dropping 25%+ again in January. While AMZY,APLY,MSFO,NVDY,even CONY and MSTY have all maintained their nav, I don't consider these passive income investments if you're in big. I recently purchased some MSTY and CONY, GDXY, AMDY but I have every intention of exiting after they've made their move. My other Yieldmax positions are negligible so they cant do too much damage. Some positions are worth buying,accumulating at the lows while holding high whereas others should be cut loose. I know what to sell before the usual September meltdown and what to hold. The truth is they could all become TSLYs and OARKS. I consider myself too heavily immersed in these etfs right now. Unless you understand technical analysis, you'd never know MSTR could drop another 50% and still be considered in a bull trend. How will this impact the nav with large monthly premiums coming out? What about 5 year crypto winters? I picked MSFO,AMZY,NVDY,APLY as my core Yieldmax positions because they've shown the ability to retain their nav and withstand market corrections. Even CONY and MSTY have-SO FAR -but I regard them as short term holds to collect 1 to 3 monthly options premiums and capitalize on a 20-30% move. The same goes for AMDY. The jury isn't out on GDXY. The key I think is to monitor the technicals on the underlying and if you have large positions, cut loose after the move is made. And then you have Defiance etfs like QQQy in raging bull market on a downward spiral in share price. I've decided to allocate 5% core never sell Yieldmax APLY,AMZY,NVDY,MSFO positions to boost my income to 5k to 7k/month , but I could just as easily structure my portfolio to generate 20k/month if I wanted to I know ECC will probably drop below 10 before rebounding above 10. I know OXLC will probably drop to the 4 range before it rebounds to 5.50. I prefer more share price predictability for less taxable income. I can almost guess on a single day what the price of ECC will be or SVOL. I prefer à sleep well at night portfolio-otherwise it becomes more of a job than passive income to maintain principal. There's a difference between having a dividend portfolio and living off a dividend portfolio. QQQy year to date total return is over +10%..its significantly down in share price and if you've spent the income-well you're left with less capital-not very rewarding if all the returns are spent,eating into principal,not to mention the severe underperformance compared to holding TQQQ or QQQ. I actually reduced my MSTY position because I see more potential downside before upside. I'd rather allocate a large portion of my capital to NVDL,TQQQ,UPRO,SOXL on the next dips and recover my remaining principal -forfeited profits-so that it's like Ive never spent a dime these past 2 years and I can do it in about a month or less under the right circumstances. Then, I'll eventually cut them loose-withdraw what I need to live on and buy back 15 to 22% yield cefs at their lows. 10% allocated to 3x long/inverse /leveraged Etracs income etns make the dividend portfolio sexier and can offset nav erosion

@michaelgordon3241 Ай бұрын

@@SoCalStevo capped upside with all the downside of the underlying =nav erosion I like my Yieldmax etfs but when it's time to cut loose its time to cut loose. Big difference between living off portfolio and letting portfolio accumulate dividends/premiums. When I'm down 30%, a monthly payment doesn't make me sleep better at night. It just makes me want to spend less Theoretically they could all become TSLYs so I keep exposure to a minimum. Some like MSFO,AMZY,NVDY,APLY are long term holds whereas AMDY,MSTY,and CONY I'm just looking for a 20-30% pop while I collect 1 to 3 monthly options premiums As far as upside, thus far BITO and EETH put YBIT to shame

@Motherofcharts Ай бұрын

i am just scared when the market fall how they will react , the brokers keep raising the margin on them

@SoCalStevo Ай бұрын

Rasing margin rates out of nowhere without your consent is pretty scary.

@TheSoaphippo 2 ай бұрын

Are these funds like reits where they can keep 10% tax-free if they give out 90%?

@SoCalStevo 2 ай бұрын

Not sure about the tax free part, but they are required to give out 90% of their income by year's end.

@thorasguardselectrician2013 Ай бұрын

*NVDY laughs in +177% ytd returns and +48% share cost 😂

@Omega_thehusky 2 ай бұрын

what if i told you i could double your money in one week too 2 weeks lol game stop did that multiple times this month hell if you bought mstr last year you 10xed your money in a year

@SoCalStevo 2 ай бұрын

Exactly, so many examples of exceptional events in stocks!