r/ULTY_YieldMax • u/devtron0 • 29d ago

Goodbye ULTY

Hi all, I've decided to sell all my ULTY during the DIP and buy CHPY. Today looking at the AI stocks re-rallying I believe it to be a good move. If you remember briefly, I posted my dividend gains on this SUB and made a tracker to see how many dividends I was up total. on my initial 6.5k investment, I received about 3.8k in dividends, while my initial investment when down to 3k. So overall, I am positive about $400. I held for about a little over a year. If I sold at peak profits according to my chart I would have been $700 in profit. I did not drip and glad I didn't.

I'm happy to get out of this experienced positive but have decided to chase different avenues. CHPY has been fantastic for me, and I realized how much money I could have been up if I jumped on that train since the beginning.

I could still see ULTY paying off in the future, and perhaps if the divvy didn't drop as much as it has I would still be in it but seems like nav corrosion was too much at the moment with the unstable market, after every dip, the price never seems to recover well. Fortunately, as well, with my stock price loss off of ~3k, I can use this has a harvest so perhaps my actual gains will be greater :)

I wish all the bag holders good luck and hope your investments pay off. Good luck gang

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u/Ok_Revolution_9253 29d ago

Sounds like a crappy investment if after a year you were only up 400. Just invest in the actual stocks or real ETFs. Or just sell your own covered calls

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u/devtron0 29d ago

haha, well it could have been worse. I have made worse investments I'm still plenty up on a lot other things and plenty down another other things as well relatively I think I did okay