I just started this journey in July. I use high yields to feed my monthly & quarterly growth funds. I am varying from $30-$180 a week in dividends. Good luck!
I’m basically doing the same thing in Robinhood as well. I also have cornerstone dripping in fidelity. I would love to see you go over your cornerstone portfolio if possible. Looking forward to the progress.
@@TalesOfJulio for cornerstone there’s not too much to talk about since it’s just sitting there in the fidelity brokerage piling up reinvesting the drip at nav and building itself slowly over time.
Great start to your journey! 🎉 I love the transparency and focus on real numbers - it makes this series super relatable and actionable. Excited to see how your portfolio grows over time and how you balance the use of margin with risk management. The weekly payout strategy is intriguing, and I can’t wait to learn more about your approach to reaching $1,000/month in passive income. Keep up the great work and looking forward to future updates!”
I'm just starting to get into some of these high yield ETF'S. Got into NVDY and going to enter AMDY. I have been in QYLD, BDC's, one REIT, and three tax free. I need these ETF'S to jump start me into higher interest so I can snowball faster. I will still buy my others also. End of the month I will enter YMAX and PLFT. I also don't buy giant stocks and will not pay over $25 a share for anything.
Margin and yieldmax is potentially very dangerous, monthly paying etfs with a lower yield 4%-20% are worth consdering for the base of your account. Its slower but worth the effort. Nav erosion plus margin is massive risk.
I am about to make my own video probably sunday just like this going over my plan with margin (Never used margin before) My question is and you answered below your dividends will pay off margin So you got $12k on Margin, If your paying it off are you not buying more? I am trying to see how people navigate. Lets say balance $12k but you got $2k cash you wanna throw into your brokerage, I am told any deposits go towards Margin balance so your new balance is $10k So in this case do you just spend $2k on the stocks you wanted anyways? ~I see some other people, Get a $500 dividend, it pays off $500 Margin, Immediately buys another $500 in stocks, so the margin balance never actually goes down Edit: I guess you somewhat answered the question as i kept watching towards the 12 minute mark, interesting.
@Payoutpuff you could go with those if you wanted a lower yield and more capital preservation. I'd say build yieldmax funds first then invest down into lower yielding options
Hi, few questions. what do you think the potential downsides are to this strategy? Do you believe its high risk? Worst case scenario what do you believe could happen
The obvious drawback is a margin call and or the cutting of the dividends in these funds or constant nav erosion through each dividends reverse splitting making the amount I get back obsolete so many factors to consider however the potential gain if it were to even run for half a year to a year like this currently is way too high that I’m willing to participate in this portfolio as a potential avenue for financial freedom.
@@Payoutpuffreverse splitting won't affect the dividend yield you receive and you have the same total value of stock. For yieldmax they don't just cut dividends.. it's all based on market conditions week to week and what they can earn in premium. It does go up and down but some of them are pretty consistent uf you average it out over a year. If you invest in the right ones you won't have nav erosion and some of them track their underlying very well even with the distributions. Good luck!
Subscribed, apart from being subscribed to foundational and div growing etfs, I've started snapping up Ymax myself. Gonna be interesting to see how your journey will pan out, for myself i just plan to use ymax divs to beef up my aforementioned core based etfs, but heck, never say never
Great question I honestly see the companies as sticking around as long as options are available and with their 0.99% expense fee I’m sure they are getting more than enough compensation for their work on the funds they are making so overall everyone is incentivised to stick around and win in the long term just my 2 cents!
In simple terms it is borrowing money from your brokerage using your portfolio as collateral to make larger buys of specific funds that you like this will inherently increase potential profit or increase your potential loss for my case it is used to increase potential dividend income!
The allure of CRF and CLM is that they 1. Give 15-20% dividend. 2. Track the S&P500 index/market (so capital appreciation) 3. You can buy the stock for say $9 but when you reinvest the Dividends they will buy the stock for $8. This means an instant $1 capital gain which compounds every month translating to hundreds of dollars in gains per year. When they announce a rights offering the stock will go down so you just sell and buy back in after.
It has performed better over the year. But in reality it’s no way of knowing which will perform better in the future. I recently got rid of all my defiance funds and will just use roundhill for those core positions.
Gotcha defiance funds I’m assuming aren’t well favoured right now in terms of returns, I will definitely take this into account and do a bit more research before making the final pillar WDTE thanks for bringing it to my attention!
That's old paradigm thinking. Been having great success with high yield etf rather than buy and hold indexes or funds like SCHD etc. The spread, fund value over fund deposits has significantly grown since switching. Your strategy and mileage may vary. This is not financial advice.
Been doing it for months now and it's going great! Especially once you hit 100% return of capital it's all free money and feels like owning a paid for rental property
i just started using high income etfs myself i am currently in tsly/msty/cony/ulty and amdy. currently making anywhere from 2400-3000 a month. i am really interested in margin . how does that work on the amount you borrowed do you pay that monthly and at what rate is robin hood currently charging ? also you can borrow 100% against your position so if you have 10k you could borrow another 10k ? thanks for the video.
amazing stuff I’m hoping to get to your level soon in terms of dividend payouts, but in terms of your questions the margin is payed out monthly with an interest rate of 6% that’s billed to the brokerage, by my calculations one week should easily pay off the interest rate and the rest will be paying off the margin! And in terms of how much I can borrow it depends on the fund but generally yes 1$ will allow me to invest 1$ of margin BUT I typically do 50% of my total margin to give a buffer for corrections and even my strategy now is pretty brazen, in all honesty if I were dabbling in margin with an even larger account I would typically be sitting at 20-30% margin usage.
To further add info, I'd say that different funds have different margin requirements so B you'd need to check each one or whatever. In my brokerage 1 of my funds has 100% maintenance.
@@Payoutpuff yeah in the last 3 days i have learned a lot on margin currently got 2 calls already 1 for having to much equity in a stock the second because losses yesterday luckily it recovered. but on a positive note should be getting 4-4.5k a month now in dividends from the margin i used. yeah i wish i would have saw this before thanks for the reply def a balance act atm to i get the margin back down .
I just started this journey in July. I use high yields to feed my monthly & quarterly growth funds. I am varying from $30-$180 a week in dividends. Good luck!
That’s amazing! i hope it works out for the both of us!
I subbed good luck bro! Get it done!
Thanks and will do!
Velocity of Dividends, love it.
I’m basically doing the same thing in Robinhood as well. I also have cornerstone dripping in fidelity. I would love to see you go over your cornerstone portfolio if possible. Looking forward to the progress.
@@TalesOfJulio for cornerstone there’s not too much to talk about since it’s just sitting there in the fidelity brokerage piling up reinvesting the drip at nav and building itself slowly over time.
Great start to your journey! 🎉 I love the transparency and focus on real numbers - it makes this series super relatable and actionable. Excited to see how your portfolio grows over time and how you balance the use of margin with risk management. The weekly payout strategy is intriguing, and I can’t wait to learn more about your approach to reaching $1,000/month in passive income. Keep up the great work and looking forward to future updates!”
To get paid weekly you could just invest in TSLY, NVDY, ULTY, MSTY. Alternatively you could just get ymag or a fund from another company 😊
Hey what's the tracker you have on the left? Looks awesome.
App is called stock events!
@@Payoutpuff Thanks man! Got $500 on MSTY and $250 on YMAG now tracked thru there. $2 a day is hilarious. Better than crypto mining rn
Just started my journey in January. Looking forward to retiring with plenty.
Cheers to that I wish you best of luck this year and onwards!
Great job getting started and having a plan. All the best in this fascinating journey.
Thank you so much!
I'm just starting to get into some of these high yield ETF'S. Got into NVDY and going to enter AMDY. I have been in QYLD, BDC's, one REIT, and three tax free. I need these ETF'S to jump start me into higher interest so I can snowball faster. I will still buy my others also. End of the month I will enter YMAX and PLFT. I also don't buy giant stocks and will not pay over $25 a share for anything.
Having a solid strategy and set boundaries for purchasing funds sounds like a recipe for success good stuff I hope it works out for you 🦾
My main positions currently are TSLY, NVDY & CONY and planning on MSTY or other funds
Very high yield choices! Gonna get some nice dividends from that, I wish all the best for you!
Margin and yieldmax is potentially very dangerous, monthly paying etfs with a lower yield 4%-20% are worth consdering for the base of your account. Its slower but worth the effort. Nav erosion plus margin is massive risk.
People are doing it already you just have to watch your account
I don't have nav erosion in my yieldmax account
I am about to make my own video probably sunday just like this going over my plan with margin (Never used margin before)
My question is and you answered below your dividends will pay off margin
So you got $12k on Margin, If your paying it off are you not buying more? I am trying to see how people navigate.
Lets say balance $12k but you got $2k cash you wanna throw into your brokerage, I am told any deposits go towards Margin balance so your new balance is $10k
So in this case do you just spend $2k on the stocks you wanted anyways?
~I see some other people, Get a $500 dividend, it pays off $500 Margin, Immediately buys another $500 in stocks, so the margin balance never actually goes down
Edit: I guess you somewhat answered the question as i kept watching towards the 12 minute mark, interesting.
Ymax has all the stocks in it that ymag has so you have doulble exposure, and also I would go with qdte and xdte over the ones you were taling about.
I appreciate the heads up and will take consideration of the other funds mentioned!
@Payoutpuff you could go with those if you wanted a lower yield and more capital preservation. I'd say build yieldmax funds first then invest down into lower yielding options
Hi, few questions. what do you think the potential downsides are to this strategy? Do you believe its high risk? Worst case scenario what do you believe could happen
The obvious drawback is a margin call and or the cutting of the dividends in these funds or constant nav erosion through each dividends reverse splitting making the amount I get back obsolete so many factors to consider however the potential gain if it were to even run for half a year to a year like this currently is way too high that I’m willing to participate in this portfolio as a potential avenue for financial freedom.
@@Payoutpuffreverse splitting won't affect the dividend yield you receive and you have the same total value of stock. For yieldmax they don't just cut dividends.. it's all based on market conditions week to week and what they can earn in premium. It does go up and down but some of them are pretty consistent uf you average it out over a year. If you invest in the right ones you won't have nav erosion and some of them track their underlying very well even with the distributions. Good luck!
Subscribed, apart from being subscribed to foundational and div growing etfs, I've started snapping up Ymax myself. Gonna be interesting to see how your journey will pan out, for myself i just plan to use ymax divs to beef up my aforementioned core based etfs, but heck, never say never
@@seanyuen340 sounds like a good plan getting the best of both worlds with minimal risk I like it.
ill be following your progress good luck brother
I appreciate it I hope all the best for your endeavours too and stay tuned!
Are you worried about any of the companies going out of business?
Great question I honestly see the companies as sticking around as long as options are available and with their 0.99% expense fee I’m sure they are getting more than enough compensation for their work on the funds they are making so overall everyone is incentivised to stick around and win in the long term just my 2 cents!
Im so curious as to how this will work out... What does it mean to use Margin?
In simple terms it is borrowing money from your brokerage using your portfolio as collateral to make larger buys of specific funds that you like this will inherently increase potential profit or increase your potential loss for my case it is used to increase potential dividend income!
@@Payoutpuff don't forget to negotiate your margin interest rate to lower it
YBTC going weekly 🎉
Yeah saw the announcement might make it part of the rotation for reinvestment who knows 🤞
Hey nice vid, what software did you use to make it?
OBS!
What’s your plan to pay back the margin borrowed ?
Using the dividends it will pay back the margin in a perfect world but we will see stay tuned in future episodes
👾
I dont see the alure of CRF, Its been going down the last 5+ years but still have good NAV its something im missing
You have to play the rights offering and get the special drip at nav that gives gains upon every dividend!
The allure of CRF and CLM is that they 1. Give 15-20% dividend. 2. Track the S&P500 index/market (so capital appreciation) 3. You can buy the stock for say $9 but when you reinvest the Dividends they will buy the stock for $8. This means an instant $1 capital gain which compounds every month translating to hundreds of dollars in gains per year. When they announce a rights offering the stock will go down so you just sell and buy back in after.
@@Livingondividendsbut not with Robinhood
💪💪💪
I subscribed
thank you!
Me too! I really liked his first 2 videos a lot. Very interested to see his journey.
50 to 60 percent is not crazy I'm at 95 percent margin
Wow that’s quite a bit, but if you don’t get margin called then you’ll be really well off I wish you luck!
Jesus... I saw 50% to 60% and my bowels evacuated but 95%?! That's insane.
I subbed man! Cool video 🫡
Thank you!
Please invest in Xdte instead of wdte
I would love to know your reasons why one over the other?
It has performed better over the year. But in reality it’s no way of knowing which will perform better in the future. I recently got rid of all my defiance funds and will just use roundhill for those core positions.
Gotcha defiance funds I’m assuming aren’t well favoured right now in terms of returns, I will definitely take this into account and do a bit more research before making the final pillar WDTE thanks for bringing it to my attention!
@ No problem. I feel like us high yield investors are all in this together. I’ll be watching every video you make going forward
@@PayoutpuffI'm pretty sure that QDTE has a higher yield but lower total return.
Wow
I'm sorry big dawg. Don't forget to save for tax.
Will do!
Doing the same ❤
Lmao this is not sustainable, anything above a 7% yield is risky
It's a new day in investing with new etf products that wasn't around back in the day.
That's old paradigm thinking.
Been having great success with high yield etf rather than buy and hold indexes or funds like SCHD etc. The spread, fund value over fund deposits has significantly grown since switching.
Your strategy and mileage may vary. This is not financial advice.
That's what the matrix wants you to believe
Been doing it for months now and it's going great! Especially once you hit 100% return of capital it's all free money and feels like owning a paid for rental property
@@quintonmacdougall7150 you watch oracle dont you lol
i just started using high income etfs myself i am currently in tsly/msty/cony/ulty and amdy. currently making anywhere from 2400-3000 a month. i am really interested in margin . how does that work on the amount you borrowed do you pay that monthly and at what rate is robin hood currently charging ? also you can borrow 100% against your position so if you have 10k you could borrow another 10k ? thanks for the video.
amazing stuff I’m hoping to get to your level soon in terms of dividend payouts, but in terms of your questions the margin is payed out monthly with an interest rate of 6% that’s billed to the brokerage, by my calculations one week should easily pay off the interest rate and the rest will be paying off the margin! And in terms of how much I can borrow it depends on the fund but generally yes 1$ will allow me to invest 1$ of margin BUT I typically do 50% of my total margin to give a buffer for corrections and even my strategy now is pretty brazen, in all honesty if I were dabbling in margin with an even larger account I would typically be sitting at 20-30% margin usage.
To further add info, I'd say that different funds have different margin requirements so B you'd need to check each one or whatever. In my brokerage 1 of my funds has 100% maintenance.
@@Payoutpuff yeah in the last 3 days i have learned a lot on margin currently got 2 calls already 1 for having to much equity in a stock the second because losses yesterday luckily it recovered. but on a positive note should be getting 4-4.5k a month now in dividends from the margin i used. yeah i wish i would have saw this before thanks for the reply def a balance act atm to i get the margin back down .
@@Livingondividends yeah a bunch of the funds im using are 50%