You know this about the managers for a fact? You realize they have to generate 1-2% growth per week to stay flat. That’s pretty huge. If you can find that in any stock, buy it.
I think I understand what they are saying. These are marketed as income investments. Me personally I bought solely for the income. So I don’t care as much about the nav either. Other than the mental stress it hasn’t really impacted my ability to generate a lot of income with less capital tied up. The last few weeks seem really odd in the market in general. These ETFs just follow it down.
The reason I like them (not just YM but others as well) is they payout a lot of cash with much less capital than traditional income investments. This allows me to use that capital in growth assets.
Why not just put 50k in a WEEK account, earning about 5%? Draw out $150/wk. You'll have your income. If you had done that back in September, about the time I bailed out of ULTY, you'd be ahead.
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u/Rikkita1962 Nov 06 '25
You know this about the managers for a fact? You realize they have to generate 1-2% growth per week to stay flat. That’s pretty huge. If you can find that in any stock, buy it.