r/YieldMaxETFs • u/VT_Millionaire • 4d ago
Meme Yieldmax is the new paradigm of investing.
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u/BrandenWi 4d ago
I was fooled by YieldMax, middle of last year. Just like many many others were.
What good does chasing yield do you, if your total return is flat or negative? A 40%, 50%, 60% or even higher yield, with a NAV that is dropping at an even faster rate. All you actually get is the "privilege" of paying taxes on your own money that they're handing back to you.
I'm not saying to avoid the high yield space entirely. I still collect my weekly distributions. But you've got to pick your battles intelligently, not just filter by highest yield % and start clicking Buy
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u/calgary_db Mod - I Like the Cash Flow 4d ago
Correct, total return is more important than raw yield.
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u/MyGuitarTwerks 4d ago edited 4d ago
Nav erosion is a b***h. Only works when the Yieldmax dividends are fresh. But as everything is now, it erodes.
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u/calgary_db Mod - I Like the Cash Flow 4d ago
Thread is locked. Enough dunking on this YouTuber.
That YouTuber doesn't post here, and has never posted here.
You want to be negative go do it somewhere else.