@MarkusCarter17@REXShares That’s a bummer. I had just added GIF to my watch list. I hope they still build out this type though. I’d love to see them get into metals and energy with their II series.
@RetireonDividen All 3. Brad talks about how the options structure is different for each. If you own all 3, you spread your risk out if one or more strategies outperform or underperform. But your tied to 3 generally good performing assets to the underlying.
@Alice_MiaX EGGY - has shown NAV recovery and the ability to grow a bit in the right environment. Has some downside protection. And 22% distribution on 500k is just fine by me.
@wannabefresh@YieldMaxETFs It’s wild how many people don’t understand how much the underlying effects these. Thanks for putting this together. If you want income products, you should only get in if you support the underlying.
@wannabefresh@RobinhoodApp I’ve split 50/50 between a 529 and a custodial account at Fidelity. The custodial account I only invest in growth stocks since they aren’t taxed advantaged. I figured I can teach them about divy investing later. Currently using a mix of SPMO, QQQM, BTGD, and SILJ to invest.
@DividendSnwball This is the wrong way to think. At its heart it’s a covered call etf. You’ll be capped on upside to some degree. 2.5% in a single day is good. It’ll continue rebounding as long as the market/underlyings do. All the people calling it toxic for being market voodoo are the dummies.
@HighYieldHustle Point number 5 is great. These high yeild funds have become a derivative of an emergency fund that’s constantly generating cash. But the stuff in my IRAs and BTC are in high bore growth mode. Not sure why this is hard to grasp for some.
@wannabefresh This is a good thread. these ETFs can seem to be to be true because people are completely clueless about options and how they can generate income. I yeeted into MSTY…and then I took the time to actually learn how they worked through accounts like yours and YouTube.