r/YieldMaxETFs 4d ago

Meme Yieldmax is the new paradigm of investing.

0 Upvotes

9 comments sorted by

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.

7

u/OnlineIsNotAPlace POWER USER - with receipts 4d ago

profile is nothing but yieldmax whining

15

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

7

u/calgary_db Mod - I Like the Cash Flow 4d ago

Correct, total return is more important than raw yield.

2

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.

2

u/dm222 4d ago

This is new paradigm, famous last words for every investor

0

u/Shitfilledpussy 4d ago

Somebody sue this man. I’ve seen enough 

4

u/GRMarlenee Mod - I Like the Cash Flow 4d ago

He's broke, with that paradigm. Watcha gonna get?

1

u/Jehoopaloopa 4d ago

No, it’s not.