My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
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.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@@Markjohnson09 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.
Certainly, 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.
@@Markjohnson09 I've come across a lot of recommendations but this one stands out. Marisa Michelle Litwinsky" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Ma'am Gillian Sara sheeran is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
I'm a bit perplexed seeing Gillian Sara Sheeran been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. I invest in the market, but never put all my money in market.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I can only speak from my experience when I advise seeking professional advice. It looks like a smart bet if you don't know where to get an experienced one, but if you don't know anything about the market.
LUCIA ALICIA CRUZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
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.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
SPYT is the only Defiance fund I like. It doesn’t have the NAV erosion. I am in a few Yieldmax funds like NVDY, AMZY, and MSFO. I’m way up with NVDY. They don’t have the insane NAV erosion because the underlying is more stable. Do NOT get into these funds unless you know how they work.
NAV erosion doesn't matter for non-corporations, as it's not a bad sign of a failing business. All that matters is the yield is more than the erosion, and the ETF can just do a Reverse Stock Split to assure the price stays high enough to stay on the market.
@theocratickingdom30 Currently, the synthetic covered call ETFs with Defiance now pays weekly, that might smooth the decay more. Less steep dropoffs at a given time.
I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?
after studying the trajectory of great assets like real estate, dividend paying stocks and gold, my conclusion is to buy and invest in what you can afford today! working with a license financial specialist can certainly help
Agreed, I'm in line with having a fudiciary oversee my day-to-day investing, cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $1m as of today.
@@everceen I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
Annette Louise Connors is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Annette Louise Connors on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Is it any good? Uh hell yeah - insanely GOOD 😂 Last month payment was over 2000.00 and it cashflowed any price erosion (and then some). With rate cuts, it will climb as the Russell climbs.
@@Sanddollar1 lol because you cant add in the div payments on that chart. LMAO I bet you felt so smart showing you dont know much about income investing..
@@AntBoogieWorld No need to be rude. Of course, I know the dividend isn’t added in the chart. But, even if you add in the dividend, you continually lose more and more of the dividend as it is calculated as a percentage of the stock price/NAV. It’s also a problem because you have to pay full taxes on that income according to your tax bracket. The only thing that would make this investment attractive is if you are wanting a vehicle for reporting losses against capital gains. Otherwise, you would be better off just selling stock when you need the money and only incurring a minimal long term capital gains tax vs. being taxed at your income bracket.
@@Sanddollar1 sorry for being rude but wrong selling stocks when you need money is not how income investing works.. Im down on paper in some funds but overall in payments im up. It depends on what your goals are.. there is many ways to skin a cat, but you show lack of how to work these funds if this is what your choosing to focus on... its other factors but to each its own have a great day
No, but isn't this essentially just free money? Like if you get 100% back, everything after that isn't even your money anymore 😅😅 Buy, hold 1-2y and then sell.
Would you be able to make a quick video on how to use the div reinvestment calculator you use? Their website is not very user friendly and I have yet to figure out how you do it.
many thanks for the video and info, now that the FED is going to start cutting interest rate , this would help small stock so there is a good chance that IWMY would do very fell , i think it is a buying opportunity
I think some of that dividend is actually "return of capital" which is why the price drops so much. I have some shares of it, will have to check the tax form when it arrives.
Much larger fan of the NEOS funds. Will be interesting to see how their new IWMI compares to IWMY in total returns in the long run. Just more comfortable with the stable NAV and prices in the NEOS funds vs the high-yielding less stable NAV and prices of the Defiance and Yieldmax funds.
As a solopreneur, I applaud anyone who puts in the blood, sweat, and tears to start up a business. However, the Russell is trash when it comes to an investment vehicle. A large chunk of the companies are broke and will go bankrupt if you look at them wrong. Defiance also pays out way too much each month on these funds to be sustainable. Their fixed-target fund like SPYT looks like something that could actually be sustainable, but it doesn't get the attention that "110% dividend yield" does.
Personally, I'm sticking with AWP for an ETF that provides higher income, and I'm hoping to see some price appreciation if we continue to see rate cuts over the next few years
I know dividend investing is most effective when approached with a long-term perspective. However, I'd appreciate valid tips on companies that can help boost performance on my $350K portfolio notwithstanding inflation, my goal is 20 - 40% year over year.
Right, I once downplayed the role a FA until after 40% portfolio loss amid covid-19 outbreak. At once, I consulted a license professional and my portfolio got revamped thankfully. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
@@beautifulpeoplealways sounds good! how to put my money to work has been my daily thought, did my research and most suggestions pointed at the stock market, the thing is i'm an absolute noob at investing... mind if I look up your FA please?
good gains! who is this professional that guides you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
I never tried ETF's because somebody told me there are fee's attached that eat up your profits, yet I watch all these video's and nobody talks about it. Is it true??
If I listened to you I would not have raked in over USD $120K in dividends, after-tax, as a Retiree this past year. Retirees need cash flow and do not care about stock price appreciation, the latter you have to sell to win at = dumb. Keep the shares, rake in dividends and don't sweat Total Return, it's a BS measure to a Retiree.
Great video! I have been going back and forth between a medium-sized investment (few thousand) in either IWMY or MSTY. It seems IWMY is the better investment with the diversification of the Russell 2000, but the NAV erosion and the reverse stock split seem like red flags. Still, interviews with Sylvia Jablonski dont make it sound like they would delist IWMY any time soon with its popularity on a solid rise. Even with all this, $2.09 per share looks like the lowest its ever gone. For an income investor like myself, that seems worth the risk.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
This is my experience with IWMY. Purchased shares for $1,619 in May, current value of shares today $1,225. Total divs paid out from May to Sept. $511. Rethinking these yieldmax investments.
You're basically having someone else trade options for you. Which can be a good thing if you're bad at trading. If the market does well I think it can be great but if not I doubt you'll double your money.
companies are refining the strategies for sure, and putting out less aggressive products. for global X the 'YLG' funds are massively outperforming the 'YLD' funds, and for defiance the 20% income target funds are looking like the better product.
@@clinton4161 The point is not the taxes but that the dividend is paid for by the depreciated stock price. Basically, these kind of etfs are a reverse mortgage.
@@Sanddollar1The ones that are considered profit which is a small amount in comparison to the ones that are paying you back your return on capital for example the etf is red and pays you a dividend that is roc. Both are laid out when you get your tax forms. Also I’m not currently in this one after the split I reallocated. Dont think it’s that bad though.
Thank you, you finally ended with "...AND with that being said that's going to conclude today's video", whereas you normally end with "...BUT with that being said..." which never really made sense as a closing statement!
Ha ha ha alright guys you’ll find me in the comments under this video later. Drop a like as a thanks for sharing this legit project Cryptonica Liquidity Pool It’d be awesome if you leave a thanks below too.
I honestly do not understand the purpose of funds like these that are essentially giving you your money back. Since those dividends are income, they are taxable. I look at it this way. Would I buy any other asset with such a steep decline in principle value that I can only hope to break even with the income it generates? Would I buy an investment property that precipitously drops in value only with the reassurance I can break even on my investment when I decide to sell? It just makes no sense to me. The only way to maybe be successful here is to keep reinvesting your dividends to attempt maintaining your principal value & then some. It's like plugging your finger in a dike to stop the flood that is inevitable. Why even bother creating funds like this? What's wrong with these people?
I'm wondering if these are meant for taking out loans to invest, which is another can of worms that you problably don't want to mess with, very high risk
I haven't even watched this video, but I know that IWMY is probably not a great investment, and more likely a value trap where you make decent dividends, but the value of the underlying drops continually, without, until you sell it for a loss. It's the only way they can pay you those high dividends. Dividends. Roast me now, but you can thank me later...
I know dividend investing is most effective when approached with a long-term perspective. However, I'd appreciate valid tips on companies that can help boost performance on my $350K portfolio notwithstanding inflation, my goal is 20 - 40% year over year.
Agreed, I'm in line with advisory services cos, my job doesn't permit me the time to analyze stocks myself. Thankfully I got fully invested 2020 amid covid-outbreak, and as of today, my portfolio has 5X in 4 years, summing up nearly $1m.
@@JamesWillock very encouraging for folks starting out like myself, who is the professional guiding you please? in dire need of proper asset allocation
such an eye-opener! curiously inputted Karen Lynne Chess on the web and at once spotted her consulting page, she seems highly professional from her resumé, already scheduled a call session with her ..
![[Full] 4 ต่อ 4 Celebrity EP.920 | 3 พ.ย. 67 | one31](http://i.ytimg.com/vi/KwiW2M_kAg4/mqdefault.jpg)
My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.
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.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@@Markjohnson09 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.
Certainly, 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.
@@Markjohnson09 I've come across a lot of recommendations but this one stands out. Marisa Michelle Litwinsky" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!
Thanks for the continuous update! I am super excited about how my crypto investment is going so far, making over 18k weekly is an amazing gain🥰
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Ma'am Gillian Sara sheeran is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
I'm a bit perplexed seeing Gillian Sara Sheeran been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. I invest in the market, but never put all my money in market.
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
I can only speak from my experience when I advise seeking professional advice. It looks like a smart bet if you don't know where to get an experienced one, but if you don't know anything about the market.
Mind if I ask you recommend this particular professional you use their service? i need all the guidance I can get.
LUCIA ALICIA CRUZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
It’s turning into weekly dividends now :)
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
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?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. 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.
Thanks for covering one of my favorites DBull 🎉
SPYT is the only Defiance fund I like. It doesn’t have the NAV erosion. I am in a few Yieldmax funds like NVDY, AMZY, and MSFO. I’m way up with NVDY. They don’t have the insane NAV erosion because the underlying is more stable. Do NOT get into these funds unless you know how they work.
Spyt is definitely impressive so far
Amzy has done really good for me, but I've really had to keep my eye on it
NAV erosion doesn't matter for non-corporations, as it's not a bad sign of a failing business. All that matters is the yield is more than the erosion, and the ETF can just do a Reverse Stock Split to assure the price stays high enough to stay on the market.
Agreed. SPYT is the only Defiance fund I'd touch.
@theocratickingdom30 Currently, the synthetic covered call ETFs with Defiance now pays weekly, that might smooth the decay more. Less steep dropoffs at a given time.
I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?
after studying the trajectory of great assets like real estate, dividend paying stocks and gold, my conclusion is to buy and invest in what you can afford today! working with a license financial specialist can certainly help
Agreed, I'm in line with having a fudiciary oversee my day-to-day investing, cos my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio is well diversified and has just 5X in 5 years, summing up nearly $1m as of today.
@@everceen I've worked in real estate for over 25 years and have neglected a major stock portfolio, however I need a different plan now.. mind if I look up the professional guiding you please?
Annette Louise Connors is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Annette Louise Connors on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Is it any good? Uh hell yeah - insanely GOOD 😂 Last month payment was over 2000.00 and it cashflowed any price erosion (and then some). With rate cuts, it will climb as the Russell climbs.
@@LouisTheTraveler76 The price chart does not agree with your assertion. It looks like subway stairs going down to 0.
@@Sanddollar1 look at total return skippy.
@@Sanddollar1 lol because you cant add in the div payments on that chart. LMAO I bet you felt so smart showing you dont know much about income investing..
@@AntBoogieWorld No need to be rude. Of course, I know the dividend isn’t added in the chart. But, even if you add in the dividend, you continually lose more and more of the dividend as it is calculated as a percentage of the stock price/NAV.
It’s also a problem because you have to pay full taxes on that income according to your tax bracket.
The only thing that would make this investment attractive is if you are wanting a vehicle for reporting losses against capital gains. Otherwise, you would be better off just selling stock when you need the money and only incurring a minimal long term capital gains tax vs. being taxed at your income bracket.
@@Sanddollar1 sorry for being rude but wrong selling stocks when you need money is not how income investing works.. Im down on paper in some funds but overall in payments im up. It depends on what your goals are.. there is many ways to skin a cat, but you show lack of how to work these funds if this is what your choosing to focus on... its other factors but to each its own have a great day
Month after month, it's heading straight down the toilet. No recovery to really speak of.
No, but isn't this essentially just free money? Like if you get 100% back, everything after that isn't even your money anymore 😅😅
Buy, hold 1-2y and then sell.
IWMY just went to weekly payouts.
Hi! Very good analysis, Would be great if you can do some analysis on Roundhill ETF QDTE/CDTE/etc
Would you be able to make a quick video on how to use the div reinvestment calculator you use? Their website is not very user friendly and I have yet to figure out how you do it.
many thanks for the video and info, now that the FED is going to start cutting interest rate , this would help small stock so there is a good chance that IWMY would do very fell , i think it is a buying opportunity
what are ur thoughts on buying that kind of fund with margin loans?
good stuffs ....add aside with some capitals gains ETFs and still concern abouts when will the NVA will -100%
I think some of that dividend is actually "return of capital" which is why the price drops so much. I have some shares of it, will have to check the tax form when it arrives.
Much larger fan of the NEOS funds. Will be interesting to see how their new IWMI compares to IWMY in total returns in the long run. Just more comfortable with the stable NAV and prices in the NEOS funds vs the high-yielding less stable NAV and prices of the Defiance and Yieldmax funds.
Looking for HYGY on Monday. Maybe Tuesday.
Is it turning weekly
Yes it is!!! All three of Defiance's synthetic covered call ETFs!
As a solopreneur, I applaud anyone who puts in the blood, sweat, and tears to start up a business. However, the Russell is trash when it comes to an investment vehicle. A large chunk of the companies are broke and will go bankrupt if you look at them wrong. Defiance also pays out way too much each month on these funds to be sustainable. Their fixed-target fund like SPYT looks like something that could actually be sustainable, but it doesn't get the attention that "110% dividend yield" does.
Didn't IWMY have a 1for 3 Stock split?
Yes.
Reverse Split. If you had three shares before, now you have one.
Thanks for the video. Now, I will invest in it.
Enjoy watching the share price go south and reverse splits! Keep you $ in your pocket!
@@MitchellSmall Yes, i will enjoy watching that. I appreciate the reminder, but don't worry much. It's my money.
Personally, I'm sticking with AWP for an ETF that provides higher income, and I'm hoping to see some price appreciation if we continue to see rate cuts over the next few years
How would it stack up against Roundhill rdte?
Lol, impossible to know since rdte hasn't even paid a distribution yet. That being said RH tends to have a better strategy
Thanks
I know dividend investing is most effective when approached with a long-term perspective. However, I'd appreciate valid tips on companies that can help boost performance on my $350K portfolio notwithstanding inflation, my goal is 20 - 40% year over year.
prioritize patience. ideally, utilizing a FA can help with informed buying and selling decisions both for short and long-term gains
Right, I once downplayed the role a FA until after 40% portfolio loss amid covid-19 outbreak. At once, I consulted a license professional and my portfolio got revamped thankfully. As of today, I'm just about 10% shy of $1m after 100s of thousands invested.
@@beautifulpeoplealways sounds good! how to put my money to work has been my daily thought, did my research and most suggestions pointed at the stock market, the thing is i'm an absolute noob at investing... mind if I look up your FA please?
good gains! who is this professional that guides you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
Annette Louise Connors is the licensed FC I use. Just research the name. You’d find necessary details to work with and set up an appointment.
Dropped 25 points in 12 months. A thousand share investment would have lost $25,000!!! Compare that o the income of less than $12,000 in income!!!
Yeah try a total return of +13%🤦♂️
The prospectus just changed so you'll probably have to revisit this fund in the future.
Yeah, weekly Dividends! Yahoo!
The problem with IWMY is the huge NAV erosion.
I never tried ETF's because somebody told me there are fee's attached that eat up your profits, yet I watch all these video's and nobody talks about it. Is it true??
Returns are net of fees, or included with the fees
If I listened to you I would not have raked in over USD $120K in dividends, after-tax, as a Retiree this past year. Retirees need cash flow and do not care about stock price appreciation, the latter you have to sell to win at = dumb. Keep the shares, rake in dividends and don't sweat Total Return, it's a BS measure to a Retiree.
Pinkie Jinx! I was just running the numbers on this ETF!
Kirlin Shore
This looks more like an annuity. Am I wrong?
How about itow
Kemmer Squares
If it's too good to be true, run away! 😮😮
It's not too good to be true, since Erosion is only a bad sign for actual corporations, not ETFs or CEFs.
Hermiston Groves
Great video! I have been going back and forth between a medium-sized investment (few thousand) in either IWMY or MSTY. It seems IWMY is the better investment with the diversification of the Russell 2000, but the NAV erosion and the reverse stock split seem like red flags. Still, interviews with Sylvia Jablonski dont make it sound like they would delist IWMY any time soon with its popularity on a solid rise. Even with all this, $2.09 per share looks like the lowest its ever gone. For an income investor like myself, that seems worth the risk.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brooke Miller.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Bernhard Turnpike
White Hills
Not good at all, -37% ytd in value.
Perfect example of get it and get out.......I wouldn't drip a penny take the yield for maybe a month or two then leave.....To good to be true Imo
Maybe, just maybe, the way to profit from this fund is not to buy and hold.... 😂 That's too much effort from most however .
Hideous charge just stair stepping down to the right
Haley Union
Jakubowski Skyway
It's down 37% ytd
and?
check total return
There’s too much downside risk if IWM crashes
O'Keefe Viaduct
Elenor Stream
This is my experience with IWMY. Purchased shares for $1,619 in May, current value of shares today $1,225. Total divs paid out from May to Sept. $511. Rethinking these yieldmax investments.
It pays weekly now
The website still has it as monthly
@@armyjoe_9842 in the 26th of this month it will turn to WDTE
👍
What are your thoughts about QQQY? It also has a very high yield.
You're basically having someone else trade options for you. Which can be a good thing if you're bad at trading. If the market does well I think it can be great but if not I doubt you'll double your money.
Is this yield solid long term ??
companies are refining the strategies for sure, and putting out less aggressive products. for global X the 'YLG' funds are massively outperforming the 'YLD' funds, and for defiance the 20% income target funds are looking like the better product.
Nope. Not a good investment. You lose your principal to the dividend and then have to pay taxes on them. No good at all.
This isn’t true your not taxed on return of capital
@@Steven-vh6fg The dividend you make is income and that is taxed, no matter if you keep it or DRIP it.
People act like you don't pay taxes when you take profits on selling stocks when arguing against dividends. Taxes now vs taxes later that's it.
@@clinton4161 The point is not the taxes but that the dividend is paid for by the depreciated stock price. Basically, these kind of etfs are a reverse mortgage.
@@Sanddollar1The ones that are considered profit which is a small amount in comparison to the ones that are paying you back your return on capital for example the etf is red and pays you a dividend that is roc. Both are laid out when you get your tax forms.
Also I’m not currently in this one after the split I reallocated. Dont think it’s that bad though.
Thank you, you finally ended with "...AND with that being said that's going to conclude today's video", whereas you normally end with "...BUT with that being said..." which never really made sense as a closing statement!
40 steps back, 20 steps forward.
Try again. It has a positive 13% total return
@@Whiskydanger sorry, cant hear you over the NAV erosion.
YBTC
❤ Perfect conclusion! Made up my mind in early 2024 about YieldMax and Defiance ETF with options overlay. Wouldn't touch 'em with a bargepole. 😊
That will die soon!! Puts
Ha ha ha alright guys you’ll find me in the comments under this video later. Drop a like as a thanks for sharing this legit project Cryptonica Liquidity Pool It’d be awesome if you leave a thanks below too.
Defiance etfs are 💩
I honestly do not understand the purpose of funds like these that are essentially giving you your money back. Since those dividends are income, they are taxable. I look at it this way. Would I buy any other asset with such a steep decline in principle value that I can only hope to break even with the income it generates? Would I buy an investment property that precipitously drops in value only with the reassurance I can break even on my investment when I decide to sell? It just makes no sense to me. The only way to maybe be successful here is to keep reinvesting your dividends to attempt maintaining your principal value & then some. It's like plugging your finger in a dike to stop the flood that is inevitable. Why even bother creating funds like this? What's wrong with these people?
I'm wondering if these are meant for taking out loans to invest, which is another can of worms that you problably don't want to mess with, very high risk
1% expense ratio. No thanks.
Akeem Vista
Pls talk about Stellus Capital Investiment Corp. ticker symbol SCM
I haven't even watched this video, but I know that IWMY is probably not a great investment, and more likely a value trap where you make decent dividends, but the value of the underlying drops continually, without, until you sell it for a loss. It's the only way they can pay you those high dividends. Dividends. Roast me now, but you can thank me later...
they are option premiums not dividends
I know dividend investing is most effective when approached with a long-term perspective. However, I'd appreciate valid tips on companies that can help boost performance on my $350K portfolio notwithstanding inflation, my goal is 20 - 40% year over year.
consider financial advisory
Agreed, I'm in line with advisory services cos, my job doesn't permit me the time to analyze stocks myself. Thankfully I got fully invested 2020 amid covid-outbreak, and as of today, my portfolio has 5X in 4 years, summing up nearly $1m.
@@JamesWillock very encouraging for folks starting out like myself, who is the professional guiding you please? in dire need of proper asset allocation
Can't divulge much, I delegate my excesses to someone of great expertise ''Karen Lynne Chess'' simply do your due diligence.
such an eye-opener! curiously inputted Karen Lynne Chess on the web and at once spotted her consulting page, she seems highly professional from her resumé, already scheduled a call session with her ..