I’ve been living and breathing this meme for the past 2 days, i’m cooked
Affectionate-Body221 on
I am surprisingly sitting on 25K with no positions
Loan-Pickle on
If you had it your money on fire instead you would have at least had the heat from it.
MinhTran8896 on
I thought YieldMax is for dividend?
blankgok on
YieldMax? More like YieldMin for me
optimaleverage on
My guy look at the charts. They’re fine if you plan to DCA on top of reinvesting the dividend back into the position. They don’t work as stable priced equity offering passive income. They work as a dividend reinvestment/long term growth position. DON’T forget that they have a net positive Delta on the underlying, and so are susceptible to the vast majority of their more volatile swings ON TOP of the dividend bleeding off the price action regularly. That combo timed poorly/unluckily can feel like a gut punch of a drop in share price.
New-Leader-7891 on
Good for sideways markets but otherwise not so much
9 Comments
Imagine buying “Yieldmaxx” trash.
There are subs for them, mad funny
I’ve been living and breathing this meme for the past 2 days, i’m cooked
I am surprisingly sitting on 25K with no positions
If you had it your money on fire instead you would have at least had the heat from it.
I thought YieldMax is for dividend?
YieldMax? More like YieldMin for me
My guy look at the charts. They’re fine if you plan to DCA on top of reinvesting the dividend back into the position. They don’t work as stable priced equity offering passive income. They work as a dividend reinvestment/long term growth position. DON’T forget that they have a net positive Delta on the underlying, and so are susceptible to the vast majority of their more volatile swings ON TOP of the dividend bleeding off the price action regularly. That combo timed poorly/unluckily can feel like a gut punch of a drop in share price.
Good for sideways markets but otherwise not so much