Dividends are great. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important.

I agree. Drawing from my own experience with a CFA, I have amassed ~$1 million in a well diversified portfolio that has seen exponential growth. I got ~$48800 divs last year in taxable divs. Q2 taxable divs was ~$17k this year. Investing in stocks requires not just capital but also knowledge, perseverance, and a steadfast approach.

Congrats! I’m trying to get an advlsor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble

Oh very well then, conducting due diligence on Lina Dineikeine should suffice. She has established a notable reputation over time, and her system is acclaimed for its outstanding quality. Good woman!

Ah gotcha. I looked up her name on Google. Found her website. I must say her credentials are truly impressive! Good enough to lay any doubts to rest. I popped her an email.

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional

I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

Impressive can you share more info?

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

I agree. I have a spreadsheet to show how long I will get to zero risk based on the symbol. getting to zero risk is my goal and then will be ok with what ever happens after that.

⁠make sure to include taxes in the rate of return. It may dramatically change payback date. 24 months on Wall Street can be a lifetime. Many people haven’t seen a 1987 or 2000 or 2008. The risk is very real I can assure you. I can’t tell you when it will happen or how only it has happened in the past.

@@brianfruman123 very valid concerns. In my last Job HR came through with a way of thinking I was not used to. They said as you get closer to retirement set aside 5 years of liquid options to live on (in case of a 2008 scenario) and the rest can be more risk investments as history proves that the years you talk about (which I witness each time), that with time the market recovers from any crash. And you have a good point in the so many people have only seen incredible growths in the market and do not know down or sideway action. Mr Market is planning for the next crash to cause as much pain to as many people as possible. We will not know when but it will come.

As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

For retirement assets we all want those blue chip and etfs.

Yes, there are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

May I know the name of the advsor who has been assisting you, please?

She's known as ‘LAUREN MARIE EHLERS’. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

Nvdy Ive done ok for now.

Amzy and cony have been really good for me, huge dividends and capital appreciation.

@@christmas10023 you can say for now about every stock created

Yeah, that's what I did. Bought a few shares of NVDY last year and after the next dividend half of my shares are paid for from the dividends. I'm not doing drip on them... didn't wanna gamble that much haha

And it’s still going ? Smart move on your end huh lol

@@kenpachizaraki8509 way to rub it in, lol i did the same thing with cony.. got $700 divs and turn around and sold for $500.. profit nicely... i can still get in..

Great way to slow progress.

@@KO-gj9ug Hi, how so? If you could explain would be appreciated

Don't listen to haters. That's actually a good strategy for you. Let YIELDMAX pay for your more long-term/stable funds. Good luck!

@@BeDangerousGroup I'm not being a hater, it just mathematically a drag on his performance. It'd be better to just invest directly into those positions. YMAX ETFs have poor overall performance

@@KO-gj9ug Depends. 118% return on NVDY, if NVDA tanks you have made capital gains and do not take that drawdown. You've made your money, the initial investment is paid off. I'd rather have a steady income.

A Lot Of People On Here Right Now Won't Be Around 40 Years From Now.

Good point…just keep track of the total value of each fund…then use some of the income I’m personally using 25% of my dividends to purchase others etfs and reinvesting the rest …

who knows what will be around nobody thought QYLD would be around

I hope you're hedging your position. You could use CRSH which is Yieldsmax but short on Tesla.

ymag is better stop just looking a distro rates

I personally like ymax better because of the number of funds in it vs just 7. Despite how good those companies are ​@@DerivCapital

@@DerivCapital What makes it better? Asking for a friend.

​@@Sue_D_Nymn all ppl look at is dirsto and diversification is a JOKE else everyone would just buy VT which is every stock in the world lol its like betting on all the number on the roulette wheel its a joke,...YMAG recovers after evry dividend pay out or at least it recovers much much better than Ymax does and you want etfs that recover 50% to 100%+ so you dont experience nav erosion plus you can hedge ymag much easier its almost impossible to hedge ymax and as they add to ymax it will continue to become more impossible to add to it ...the weighting in Ymag is better you get way more NVDY in Ymag than you do in ymax after a crash the first stocks to recover you already know are going to me msft aaple nvda etc the fact tha most ppl investing in yeildmax have no idea wtf they are doing should also tell you ymax is what 2 or 3 times more popular than ymag which says the crowd is dumb dont follow the crowd i can go on but like i said YMAG is better everyone in cony n msty etc yet the best fund they have is AMZY !?!? only recently has a couple ppl started to figure that out but no one was investing in amzy

Thanks for your comment. Would you be able to direct me to where you saw the ETF manager statements? Thanks in advance?

Need to buy more $nvdy on ExDate June 6 .... June 7th $ Nvda stock splits ...fyi

@@sicarguy4478 I’m still 50/50 since I will just roll all divs into svol from Nvdy

You ain't lying .Last year made 7-8k per month .now 23-25 k per month

@@Nicogambino2 You're growing like a beast! My goal is 10k monthly by December - skies the limit!

if nvidia keeps this it for years like 10, nvdy will blow nvidia away because of the power of the dividend. in the last year with the nvdy with dividend return its 1.46% and nvidia is 1.8% not far off from each other.

@@bunkeyscow Agreed. Also, another benefit with the YieldMax funds is that they are on options chains. Personally, I sell put options with strike prices below the current market price so if the price falls, I happily get assigned 100 shares...and if it doesn't fall, I still keep the premium from selling the contract. It's how I fortunately acquired 100 shares of NVDY earlier this year.

@@mlwilliams4407 I have been playing with amc with selling calls and puts. If i lose my shares this week on amc, they can keep my shares. Ill be up 70%. Pot stocks are a great too for cover calls.

Agreed! Kurv investments have very very high yields and they seem to maintain their NAVs even going up some in value. If you could at some point review these KURV funds that would be great!

This. And although it’s only 20 companies but it’s the companies that move the S and P.

MSFO is DOWN 10% in last 60 days - bad investment and no information from YieldMax

let me ask you a question... if it took you 2 years to make back your money, that means for 2 years you were red.. after 2 years Youa are now break even. its like you did nothing for 2 years... if i have 100000 same as if i was invested in YM, i put that in money market, i get back $14K in 2 years while you broke even..?

@@josephsaeteurn9158 Well don't invest 100k ever into something you don't believe in. If you buy in one of these with 2-3k at it trends down the whole year maybe it wasn't a great idea. (Like $Klip) But if you invest in say $nvdy which is currently paying 100% that is on top of what you bought. You like hypotheticals 100% yield on cost means your 100k would be 200k. Minus tax of course. Yes a bit over 10k a month? Even if your risk tolerance is a lot lower or worried these funds will get slaughtered on a bear market. You could go $clm or $gof and get 16-18%

too not to, break not brake

I sold NVDY for hugh profit last month you are right

There isn't, another problem with those "Safe" dividend companies is that their yields are lower than the real inflation.

Perhaps then consider YMax. As time goes on, they will add more funds, which will get captured under YMax. It’s hard to argue with a 43%?(approx..) yield, and that’s what YMax offers). Best of luck!

Hey thank you for sharing Ecat and Bcat, I’m interested. I’m also in XDTE and QDTE and hedge TSLY with CRSH….equal dollar amount, only way to play

I’ll be taking positions in E and B cat Monday!

@@kevinrcaim more invested in crsh than tsly since economic enviorment is poor for a car company. im %55 in crsh and %45 in tsly. i also like gold but i rather have the new yieldmax GDXY goldminers fund and BITO bitcoin fund

Can you please explain how you hedge tsly with crsh? Would this be considered risk free type of thing? Given the fact that has bullish outlook and the other is bearish?

Nothing is “risk free”. I have equal dollar amounts of TSLY, TSLP, and CRSH…..that’s how I play it.

Well said and I agree!! Amazon, Microsoft, Nvidia (for example), are not going to fade away, and these are the types of YieldMax funds you want to hold, and not just for the short or medium term.

And YMAG maybe perhaps CRSH

correct

and in 5 years your comment will be so wrong. Option cc etfs are not going anywhere same way QYLD was getting dumped

@@AntBoogieWorld I was refering to the yieldmax funds, not covered call funds in general. It still also depends on your purpose and age group as well. In general diversication into multiple different funds is safer than concentrating into one

@@Truck--kun I totally understand

Just invest in the safer equities and not take capital losses and be taxed to get there.

@@KO-gj9ug I have no capital loss YMAX MSFO AMZY i SOLD NVDY last month for a hugh profit learn how to play these funds.

@@KO-gj9ug my current HY portfolio is down 13% but my YOC is 60%. Do the math. Beats 12% in the “riskier” Div funds.