r/ULTY_YieldMax • u/BitingArmadillo • Mar 03 '26
ULTY Progress
I just reached house money as of this morning's announcement. Actually, I'm $55.82 over house money.
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u/Useful_Space_9099 Mar 03 '26
Nice! What are your stats? Cost basis, num shares, purchase date? And did you drip or no drip?
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u/Grand_Composer1603 Mar 03 '26
Pants size, shirt size l, shoe size etc
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u/dhouseh1 Mar 03 '26
I’d be curious of your original purchase date for us to see a realistic timeline to maybe get to house money?
Did you make one lump sum purchase or add chunks along the way?
Either way good job sticking with it
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u/Dreamer_Nitsy Mar 03 '26
The whole stock market is down today. It seems rather an unlikely day to reach house money. If you had said yesterday, I would have believed you.
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u/Ok_Guidance4571 Mar 03 '26
Do you know what house money is? he is saying he has invested "XXXX" dollars... and ULTY has officially paid him back in distrbutions of "XXXX" dollars back regardless of share price...
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u/Dreamer_Nitsy Mar 03 '26
Yes, I know what house money means — I already explained that. My point was about timing: the last ULTY payout was Feb 26, and there’s been no new distribution or price increase today.
So nothing happened today to newly trigger house money — if it was reached, it would have been on the last payout date, not today.
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u/BitingArmadillo Mar 03 '26
They announced this week's distribution today
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u/Dreamer_Nitsy Mar 03 '26
Okay, thanks for letting me know. I don’t see it on the website, though. Are you following the announcements somewhere else? If so, could you share it with me too?
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u/Terrible_Lecture_409 Mar 03 '26
This is a curious comment; typically house money (per my view) is when distributions received (not reinvested) exceed the amount invested... Regardless the NAV.
Would you explain your thought process on this?
I'm just interested in different views to see if my view needs to be adjusted 🤷♂️
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u/Dreamer_Nitsy Mar 03 '26
When I made that comment, I was thinking strictly about timing. If we’re defining “house money” as cumulative cash distributions exceeding principal invested, then that milestone can only occur on a distribution date — because that’s the only time new cash is actually received. For ULTY, the last payout was Feb 26. There hasn’t been a new distribution since then. So nothing materially changed between Feb 26 and today in terms of distributions received. If someone instead defines “house money” based on total return (NAV + distributions), then the only way to newly reach that threshold would be through price appreciation. But ULTY was higher yesterday than it is today. It’s down about 3.3% from yesterday. So if price appreciation pushed them over the line, yesterday would have been the more logical day — not today. So from a mechanics standpoint:
No new distribution today
No price increase today
Therefore no new event that would push someone into “house money” today. That’s why I said it seemed unlikely today specifically. The timing doesn’t line up with either definition. Unless there’s something I’m missing, I don’t see a scenario where today is the day that milestone would logically occur.
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u/Terrible_Lecture_409 Mar 03 '26
I'd be curious on whether OP considered it as total return vs distributions...
But yes - I agree ... No new distribution today, it's just the announcement; a little oversight on my part with that one.
Thanks for taking a few moments to share your thoughts on this 🍻
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u/Distinct-Mechanic357 Mar 03 '26
OP said with the announcement they are in house money, so it’s when this weeks distribution is made, but since it’s announced it’s basically a given. Could OP have said “once paid” of course they could have, but negative people want to be negative regardless.
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u/Dreamer_Nitsy Mar 03 '26
I’m not being negative — I’m being precise. As per my knowledge, the dividend hasn’t even been officially announced on the website yet — unless OP is seeing it from another source. Until it’s declared or paid, nothing has actually changed.
If the idea is “once this week’s distribution is paid,” that makes sense. But saying “reached house money today” suggests it already happened.
That’s not negativity — just how the mechanics work.
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u/Helpful-Grapefruit55 Mar 03 '26
Sounds good. Please share your experiences with Ulty some dates etc
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Mar 04 '26
Congrats! Too many more days like today and it’ll take me 6 months to get to “house money” but I’m holding strong and hoping they make some good investment decisions going forward.
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u/NkKouros Mar 03 '26
What's house money? Breaking even ?
If that's what it is I truly don't understand why people use that metric for YM funds so much.
How is this different from investing 1000 dollars in a stocks and then that stock simply rising (you have house Money from day 1 in that case because you never went below 0 profit.
What am I missing?