Ive put $100k into TSLY down to $70k but im getting avg $10k a month so after few years I can recoup my investment and the income will continue to come in and im gonna buy other stocks with this free money
@@theadventurekidz-scienceho843You hedge those two on a daily basis?? Is there any concern of a lack of liquidity to exit positions? Volume is kind of low.
10k in TSLY might replace your McDonald's job income. It's only $500 a month. When get that much TSLY I'm using the div to buy real stocks. I also disagree with some comments about NAV price, when most of these ETFs came out we were entering the downtrend of Sept/Oct, and TSLA hasn't recovered. CONY is doing well, though.
Well … really it all comes down to … are you bullish on Tesla ? If so , this will have a nice slow climb back up while paying you a nice distribution . But remember with a slow climb back up . This is the opposite of what the fund is designed for , less volatility less premiums … so really the bottom line is , how good are you at getting in and out of your tsly position? There’s no free lunch around here. Also another piece of advice is reinvest , you dca and increase your share count . If you do end up breaking even , sell out or don’t . Anyway I digress.
Income etfs are awesome but insanely risky. Don’t use this as your only retirement. Throw it in a Roth IRA and if it goes belly up those dividends are tax free but locked. Use the dividends to buy things like coke, chevron, Exxon, nvidia, or voo.other growth stocks
Sold my 300 shares of TSLY at a $3800 loss to buy CONY. Using a 12 month average of .79 for TSLY dividends if I held I’d earn $948 for the next 12 months per 100 shares. Buying CONY and using a 12 month Div. avg of 2.03 I’ll earn $2,436 per 100 shares. CONY since its inception has rarely dropped below $20 where TSLY has performed badly from the start.
how come capital preservation wasn't mention'd just that its tied to the synthetic position on TSLA? It would have to pay 100% consistently in Divs if you lose all your initial capital
This guy is so completely wrong. Not only will this investment NOT surpass your job income, but it is actually losing money due to nav erosion. Sure the dividends are good, but that does you no good when the etf price falls further than what the dividends are paying. The only way this etf would work is in a prolonged (over a year) sideways trend on tsla. And tsla is extremely volatile, not anywhere near a stable sideways stock. In summary, don't listen to this guy at all, unless you want to take on an additional job. (to make up for the money you will lose over time)
This is misleading, you need to explain the drawback of covered call ETF. There is also capital erosion. The scenarios is not all rainbows and unicorns 🌈
During this down market - these type of dividend ETFS are not a wise investment. They only work in sideways or uptrending markets. Simply put = the dividends will NOT cover the unrealized losses from the downward movement. These type of funds are best for retirees that want income but don't really care about potential longer term drawdowns or unrealized losses. Ask anyone who invested in TSLY from the beginning and see what their overall profit is.....🔻
Are you saying that the YieldMax option traders can only place bullish option trades and not bearish ones? When I traded options on my own, some of my most profitable trades were when the market was trending downwards. I would still be trading options, but I now live on the other side of the world ... and the market hours are also my sleep hours. Much easier for me to simply buy the shares once and let the DRIP handle the rest.
The way you explain dividends are wrong… dividends are paid out per share not the amount of money invested. 10,000 gets your roughly 900 shares and even if that is say 50% that’s only 450 re invested. So no you are in correct on how you think 10000 will surpass you paycheck so quickly.
I've never been to S. Carolina ... but I find it hard to believe that "a typical yearly salary of a full time worker" is 6 Grand. Where in hell is someone with that kind of income gonna get 10 Grand ... let alone eat healthily? If those numbers are indeed correct ... then it will no longer be 900 shares. DRIP will bring it closer to 1200 shares at the end of one year... depending on both the share price and the amount of the dividends.
It seems like in the comments everyone knows the answer to this etf nav erosion this it's garbage yeah then do your self a favor and don't buy it my suggestion is buy the dip always and buy tesla as a hedge if things really go south sell it and buy more tesla
The best investment as long as you pick up shares went Tesla is under 200. I started to DCA slowly and buy a chunk if that happens. Tesla growth has started to slow down so we have to see, remember they need to grow 28 times to keep these actual price range
I think TSLY (and TSLA) prices are suppressed right now due to some issues with the company ... but I do believe that Tesla will eventually get its' house in order and start booming again. That doesn't mean you have to hold until then ... CONY is doing well and will probably do even better going forward. AMDY's first distribution was very nice as well. I've got my toes dipped into several of the funds and hope to add more soon. Also have some QQQY from Defiance.
This assumes this is done in a retirement account that you don't pull money out early. If it is done in a brokerage account, you have taxes due for all that income you earn!
@@samsilva1864 sure it looses value overtime, this is the cheap version of an iron condor option strategy, it will lose value due to the daily compound effect if you keep it for a long period of time, it will be force eventually to a split by the NASDAQ or it will be delisted, on the other hand if you are able to buy it at the bottom of a market crash it will be great since the compound effect on the bull market will provide great returns , just like proshares that provides that juice leverage. I like your videos , you only need more experience as a professional investor that is all.
Worst investment ever however perfect investment for young investors to make their first mistake and jump directly for yield in this certified yield trap
misleading. Was a TSLY investor, NAV erosion causes price drop, and cannot recover back, and it couldn't maintain the upside movement sustainability. Capped upside by synthetic covered call strategy + 90% follow downside of TSLY + NAV erosion by high dividend = $ keep dropping. Don't sell the dream.
Ive put $100k into TSLY down to $70k but im getting avg $10k a month so after few years I can recoup my investment and the income will continue to come in and im gonna buy other stocks with this free money
As a tsly holder: I’m just hoping it doesn’t go belly up in the next two years.
A 20 year drip plan is a little ambitious lmao
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Hedge with tslq (bearish etf)
2 years? Under 1 year and it will be a complete wash, feel bad for the suckers reinvesting divies into worthless yield trap
@@theadventurekidz-scienceho843You hedge those two on a daily basis?? Is there any concern of a lack of liquidity to exit positions? Volume is kind of low.
10k in TSLY might replace your McDonald's job income. It's only $500 a month. When get that much TSLY I'm using the div to buy real stocks. I also disagree with some comments about NAV price, when most of these ETFs came out we were entering the downtrend of Sept/Oct, and TSLA hasn't recovered. CONY is doing well, though.
Well … really it all comes down to … are you bullish on Tesla ? If so , this will have a nice slow climb back up while paying you a nice distribution . But remember with a slow climb back up . This is the opposite of what the fund is designed for , less volatility less premiums … so really the bottom line is , how good are you at getting in and out of your tsly position? There’s no free lunch around here. Also another piece of advice is reinvest , you dca and increase your share count . If you do end up breaking even , sell out or don’t . Anyway I digress.
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I made a recap since inception and it gives 16.88% gain for 21 months
Assuming the yield stays at 48% over 20 years which is slim to none, & slim left town.
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Income etfs are awesome but insanely risky. Don’t use this as your only retirement. Throw it in a Roth IRA and if it goes belly up those dividends are tax free but locked. Use the dividends to buy things like coke, chevron, Exxon, nvidia, or voo.other growth stocks
I can assure you that this is not risk free. While I'm hopeful for a bright future so far nav erosion has cut returns substantially.
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This is cool. But nav erosion has already shown that the etf cost is dropping like a rock.
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It’s not so much nav erosion as it’s been an extremely volatile market. The ETF was introduced right before a massive correction in TSLA.
It tracks TSLA, which has dropped like a rock.
don't ever quit your job!
Sold my 300 shares of TSLY at a $3800 loss to buy CONY. Using a 12 month average of .79 for TSLY dividends if I held I’d earn $948 for the next 12 months per 100 shares. Buying CONY and using a 12 month Div. avg of 2.03 I’ll earn $2,436 per 100 shares. CONY since its inception has rarely dropped below $20 where TSLY has performed badly from the start.
..it's $12 now
@@Nicogambino2 Yeah, second guessing investing in yieldmax entirely.
how come capital preservation wasn't mention'd just that its tied to the synthetic position on TSLA? It would have to pay 100% consistently in Divs if you lose all your initial capital
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Haha this aged well! Rofl, give it another year and it will be worthless
Brokers have told me that investments (such as Treasuries) can’t be used as collateral-only cash can used as collateral.
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What about tax government will take each year? Please include this calculation and provide this information in your new video?
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I have my QQQY shares in a roth ira. Tax free baby!
Do it yourself!
I like TSLY a lot. I am doing well in TSLL, and plan to build a side hustle out of TSLY.
Except you'd never be able to put that full $4,844 back into it because you'd be taxed the first year.
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Qualified dividend is taxed at 0%
This guy is so completely wrong. Not only will this investment NOT surpass your job income, but it is actually losing money due to nav erosion. Sure the dividends are good, but that does you no good when the etf price falls further than what the dividends are paying. The only way this etf would work is in a prolonged (over a year) sideways trend on tsla. And tsla is extremely volatile, not anywhere near a stable sideways stock. In summary, don't listen to this guy at all, unless you want to take on an additional job. (to make up for the money you will lose over time)
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tsly + crsh = Income means
Can someone update me on TSLY today? These are about 2-3 month old comments.
Has nav erosion taken place?
Buuhhaaaa
Reverse stock split coming…. This didn’t age well …
I remembering this happening. Like doesn't this mean less stock to get dividends on and then the price has been dropping, could another one be coming?
These are daily options, this is not for holding long term
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Horrible investment advice
Can we start at $100🤷♂️
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This is misleading, you need to explain the drawback of covered call ETF. There is also capital erosion. The scenarios is not all rainbows and unicorns 🌈
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During this down market - these type of dividend ETFS are not a wise investment. They only work in sideways or uptrending markets. Simply put = the dividends will NOT cover the unrealized losses from the downward movement. These type of funds are best for retirees that want income but don't really care about potential longer term drawdowns or unrealized losses. Ask anyone who invested in TSLY from the beginning and see what their overall profit is.....🔻
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Could you please share which investment is your number one for growth n dividend combined?! Greatly appreciated 🙏
Use the divs to drip more shares and/or buy growth funds.
Are you saying that the YieldMax option traders can only place bullish option trades and not bearish ones? When I traded options on my own, some of my most profitable trades were when the market was trending downwards. I would still be trading options, but I now live on the other side of the world ... and the market hours are also my sleep hours. Much easier for me to simply buy the shares once and let the DRIP handle the rest.
The way you explain dividends are wrong… dividends are paid out per share not the amount of money invested. 10,000 gets your roughly 900 shares and even if that is say 50% that’s only 450 re invested. So no you are in correct on how you think 10000 will surpass you paycheck so quickly.
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I've never been to S. Carolina ... but I find it hard to believe that "a typical yearly salary of a full time worker" is 6 Grand. Where in hell is someone with that kind of income gonna get 10 Grand ... let alone eat healthily? If those numbers are indeed correct ... then it will no longer be 900 shares. DRIP will bring it closer to 1200 shares at the end of one year... depending on both the share price and the amount of the dividends.
Now you have to worry about a possible reverse split. Not doing so great huh?
It seems like in the comments everyone knows the answer to this etf nav erosion this it's garbage yeah then do your self a favor and don't buy it my suggestion is buy the dip always and buy tesla as a hedge if things really go south sell it and buy more tesla
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The best investment as long as you pick up shares went Tesla is under 200. I started to DCA slowly and buy a chunk if that happens. Tesla growth has started to slow down so we have to see, remember they need to grow 28 times to keep these actual price range
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This video aged like spoiled milk 😁
Tsly is the reason im retired 🤑
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I like most of yield max funds better than this one.
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I think TSLY (and TSLA) prices are suppressed right now due to some issues with the company ... but I do believe that Tesla will eventually get its' house in order and start booming again. That doesn't mean you have to hold until then ... CONY is doing well and will probably do even better going forward. AMDY's first distribution was very nice as well. I've got my toes dipped into several of the funds and hope to add more soon. Also have some QQQY from Defiance.
i got 25k in tsly .. i guess im ok
How you doing?
im good.. keep buying more while its down @@NecessaryJerry
I own 800 shares and it does not pay this much on avg. its more like 500 a month
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@financialrecap no that's a thumbs down. That's bad!
@@Memoreism😂😂😂
Guess He Never Heard That TSLY Done CRASHED Man.Ha Ha.
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This didn’t age well……
This assumes this is done in a retirement account that you don't pull money out early. If it is done in a brokerage account, you have taxes due for all that income you earn!
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Tsly etf and tesla stock is different
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The worst investment ever😂😂😂🎉
Do you care to elaborate on that uneducated blanket statement?
@@samsilva1864 sure it looses value overtime, this is the cheap version of an iron condor option strategy, it will lose value due to the daily compound effect if you keep it for a long period of time, it will be force eventually to a split by the NASDAQ or it will be delisted, on the other hand if you are able to buy it at the bottom of a market crash it will be great since the compound effect on the bull market will provide great returns , just like proshares that provides that juice leverage. I like your videos , you only need more experience as a professional investor that is all.
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Loser
It's crazy the worst investment ever but is still paying me good
Worst investment ever however perfect investment for young investors to make their first mistake and jump directly for yield in this certified yield trap
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Update looks like TSLY is down 55% year-to-date looks like it's going to zero 100K investment is now only worth $45,000 The income isn't worth it
😅😅😅😅
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misleading. Was a TSLY investor, NAV erosion causes price drop, and cannot recover back, and it couldn't maintain the upside movement sustainability.
Capped upside by synthetic covered call strategy + 90% follow downside of TSLY + NAV erosion by high dividend = $ keep dropping.
Don't sell the dream.
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Yeah ... I watched the stock price go from $10.74 on Halloween to $12.37 five days later. Effing NAV erosion! No ... Wait!
You are selling a dream... Very dangerous
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