What I Wish I Knew: My High-Yield Investing Mistakes

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What I Wish I Knew: My High-Yield Investing Mistakes

Рет қаралды 4,344

Күн бұрын

In this video, I share the crucial mistakes I made when I first ventured into high-yield income investing. Learn from my experience as I highlight what went wrong and the valuable lessons that can help you avoid similar pitfalls. Whether you're new to high-yield investing or looking to refine your strategy, this video offers insights to help you make smarter investment decisions and achieve more consistent results.
I’m a 42 year old American expat that’s been living in China for 14 years. I recently decided that I'd like to retire early abroad and I created this channel to share my journey of investing in high yield income stocks, ETFs, Closed end funds and other methods of creating passive income in order to be able to retire early abroad. I hope that in sharing my journey it may help you in some way achieve your passive income investing goals. Nothing on this channel is meant to be financial advice. This just my own personal retirement journey.
"Disclaimer: The content provided on this financial channel is for informational purposes only. It should not be construed as financial advice, investment recommendations, or endorsement of any specific financial products or services. Viewers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information presented, and we shall not be held liable for any actions taken based on the content herein. Investing involves risk, and past performance is not indicative of future results. Always consider your individual financial situation and risk tolerance before making any investment decisions."

Пікірлер: 53

@bandzzman1224 Ай бұрын

I hate when people bring up taxes like taxes isn’t being paid every time you buy anything.

@TheDividendNomad Ай бұрын

Yeah it’s kinda annoying. So many Tax “experts”. I’d rather pay taxes and million dollars than pay no taxes on 0 dollars

@Dividend-Shark90 Ай бұрын

Not personally invested into Yieldmax, as a Canadian trying to avoid the U.S. with holding taxes, but we have some pretty good high yield options over here now as well. I like your strategy "Dont quit the dayjob" sort of. Keeping real estate, side hustles, businesses etc. going while travelling. Same strategy I will be doing to experiment living off the dividend income within the next year or 2, still currently at dayjob to add rocket fuel to the portfolio. Pretty soon it will have lift off to self-sustain let the dividends flow as well as a bit of my real estate and do some travelling :). Subscribed!

@rangerbob42 Ай бұрын

I’m just going to be getting my feet wet!

@scsu300 2 ай бұрын

I like the background and naturalness of the video. Keep it up. You do you. 谢谢

@TheDividendNomad 2 ай бұрын

Thanks 🙏

@goldenforge12 2 ай бұрын

Dont listen to the haters , been doing this for 1.5 years , if you manage it properly, you can make tons of money

@Alphahydro 2 ай бұрын

I never understood why people scoff at paying 0.30% for an ETF they're making 15% in total returns, but feel comfortable with an ETF that charges 0.05% and they're only making 6%.

@TheDividendNomad 2 ай бұрын

Yeah , I’m not concerned about expense ratios and all that. I ain’t that petty

@tabbott429 Ай бұрын

Good points. thanks for sharing!

@TheDividendNomad Ай бұрын

Thanks

@may-maytanymaytany_s3417 2 ай бұрын

Thank you 🙏 ooh great no music lol

@bennyjetsaroundtheworld9047 2 ай бұрын

I bounce a dice off my ballsack and if it lands above 3 I go long. If it lands below 3 I go short. Up 89% since December

@TheDividendNomad 2 ай бұрын

Nice strategy!

@juliovilla5246 2 ай бұрын

I'm an options trader, I can tell you how these will perform. The ones that are doing bad , it's just an example of how they will perform in a bear market.

@skyl4rk 2 ай бұрын

I want to diversify into high yield types: covered call eqities, covered call treasuries, reits, bdrs and mystery etfs (svol). Right now I like reits and svol.

@TheDividendNomad 2 ай бұрын

I think SVOL is one of the best. Longer track record and very consistent for living off of

@Lbbdavis 2 ай бұрын

You’re improving on your investment! That is the important objective. Trial and error is how we learn. I can wait to see what you do next! It will be exciting!

@TheDividendNomad 2 ай бұрын

Honestly I’m not sure yet either. I’m kinda torn between 1-2 of them

@rangerbob42 Ай бұрын

Cool video! I just started watching some of yours. 😊

@TheDividendNomad Ай бұрын

Thanks

@eddiedelzer8823 2 ай бұрын

I set up a computer program that shows what a 1000 invested in each fund returns. Remember it's not just yield it's also the price and how many shares you can buy of each ETF. Last month CONY paid the most per share. I also took the top 2x top 3x top 4x top 5x funds to see how many shares and interest paid. Add up your total average yield I found you only drop the monthly return with more funds you have.

@TheDividendNomad 2 ай бұрын

So you’re saying cony ,nvdy msty,ulty. Those seem to have the highest yields. I know everyone hates ulty but I was thinking on it since it’s cheap and has 100% consistent return. The past performance wasn’t good though but 100% rate of return will return all money in a year if it can continue to stay stable like it has. I like cony because the high yield it moves up in big percentages often 2% per day or more. Gives a chance to grab some profit off the top but still get a nice dividend also.

@billshaw7462 2 ай бұрын

Thanks for the sharing! I’m in the same boat!

@traveling_contigone2529 11 күн бұрын

hi this how we learn,thank you for being honest. What do you think about JEPQ ETF.

@TheDividendNomad 11 күн бұрын

Jepq is good but it don’t support my current goal. I would invest in it if it helped reach my goal. In future I’ll invest in it , but not anytime soon.

@JG-DivMan 2 ай бұрын

Thanks for sharing -- really enjoying the journey! Learning and course corrections are a natural part of any experiment and often more valuable than the end result. Keep up the good work, and I'm eager to see what your next step will be.

@TheDividendNomad 2 ай бұрын

Thanks a lot. Let’s see what happens.

@flybeta 2 ай бұрын

Mine are all doing alright I'm with you on the overdiversification invest in your winners then spread it out to other ones slowly. If you throw your whole bag at a random one that is not the way to go at all starting out. I personally like buying deep itm options & leaps but they don't always work out but if its money from dividends well no big deal.

@Veganisbadhunter-wx5nt 2 ай бұрын

GSBD. Goldman Sachs Business Development company. Trading at $15.20 positive earnings $1.93 EPS with a dividend yield of 11.7%. They have a good 10 year track record.

@unclelong213 2 ай бұрын

it have drop over 22% since inception. i'm not sure if that's a good track record.

@brandonw-zj5ch 2 ай бұрын

What are your thoughts on fepi

@TheDividendNomad 2 ай бұрын

I think FEPI is great. I like it a lot , it just don’t support my current goal to build up the amount I want as fast as possible. I do believe it’s great I will buy it again in the future. I’m just not ready for it yet. I need to get my income back up first.

@Wiilly51 2 ай бұрын

Whats 2 or 3 good ETFS you have found ?

@TheDividendNomad 2 ай бұрын

From yieldmax, YMAX seems to be the best , but a few others are performing well now but I’m thinking it’s short term performance. As far as higher yielding ones go , FEPI also seems to be a good one

@ramastarchild6804 2 ай бұрын

MSTY, CONY & NVDY

@disco4535 2 ай бұрын

@@ramastarchild6804 You wouldve made far more just buying COIN, MSTR and NVDA

@williamarbelaez5382 2 ай бұрын

I am invested and reinvesting on msty cony and nvdy i get about $1200 monthly dividend.

@TheDividendNomad 2 ай бұрын

@@williamarbelaez5382 nice. I like those but a bit worried about how long they can sustain what they’ve been doing since we’re in the middle of a crypto run.

@gamergamesmanship6448 2 ай бұрын

I enjoy your approaching content personality real cool chill laid-back 👍 I made similar mistakes invested in o a r k and I'm down$800 down about $2,000 invested in TSLY. I've been investing more on single stocks and bdc's nowadays

@TheDividendNomad 2 ай бұрын

Nothing wrong with making mistakes. It’s happens to the best of em. Don’t beat yourself up about and keep going 💪

@thomasatlantis5982 2 ай бұрын

Have any of you used stop loss or trailing stop loss to protect agains big downturns on investments?

@TheDividendNomad 2 ай бұрын

Yes of course , I use them all the time on certain things but not everything

@jamesfrancis7284 27 күн бұрын

Waste of time

@JohnEButton 2 ай бұрын

Living in China?! Suspect....

@TheDividendNomad 2 ай бұрын

Living in in a place where the cost of living is cheap , the infrastructure and daily conveniences are great. I love it. I love being a nomad and being able to go anywhere.

@cnzuig 2 ай бұрын

Apart from the numerous political restrictions in China, particularly internet control, everything else is quite good. For example, food is abundant and affordable, transportation is convenient, and there are many places to shop and have fun. However, with the recent economic downturn, the average person is under a lot of pressure. It is advisable not to provoke strangers casually to avoid becoming a target for others to vent their frustrations.

@TheDividendNomad 2 ай бұрын

@@cnzuig yes very true. There are both many pros and cons to living China 🇨🇳. Just because I live abroad don’t mean I don’t love my home. I just love travel and culture. Embrace the world 🌎