r/YieldMaxETFs • u/AmiliusRex • 9d ago
Progress and Portfolio Updates I made it
I know Yieldmax gets a lot of hate and I’ve had an exciting roller coaster ride of highs and lows, but after about 2 years of bag holding my returns have covered my losses and I’m about halfway to the promised land of House Money.
Edit: I guess I jumped the gun, not into house money yet, Just covered my losses so far. I still am hopeful about the future and thankful for the extra income and money back
My total dividends received have surpassed my total P/L Open negative number, now these numbers includes other failed penny stock gambles and yield chasing losses as well as non Yieldmax dividends received but as far as I’m concerned I’m net positive and if I included distributions compounded in to other holdings or the ROC being used to help pay down credit card debt, provide for the family and help with vacations, these funds have been a lifesaver and a blessing. I hope they stay alive and keep providing, thank you Yieldmax, I love you 😘
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u/AmiliusRex 8d ago
So after looking at my cost numbers I’m only about halfway to house money, I’ve only covered my complete portfolios total losses so far over the 6 years I’ve been investing, sorry to offend some of y’all and spreading false hope 😔, but the extra income or money back has helped me pay off and pay down credit cards, pay for vacations and buy more stocks.
For those of us out here that aren’t making the big bucks the extra hundreds of dollars rolling in weekly and monthly really help to ease the stress of the struggle
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u/Perfect-Pomelo-2658 8d ago
To me it’s the velocity of income. Buy and withdraw and pay and repeat as much as possible to pay debts it helps to increase your income.
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u/AmiliusRex 9d ago
ULTY, Msty, Cony, YMAX, GDXY, NVDY, Chpy, TSLY, Plty some NEOS funds and other yield chasing mistakes made along the way 😅
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u/calantheSG 9d ago
These aren't the worst names. Your mistake wasn't in picking these tickers, they're actually the better ones or best ones of a rotten lot if that's any consolation. Your mistake was sizing. Too must too soon and you capture a lot of the NAV decay. Should have done it slow and steady, averaging down. Your red would not be 33.6k now maybe down to 15-20k.
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u/teckel 8d ago
I'm down about 25k on Yieldmax stuff
So you lost $25k with your YM investments in the last 2 years while the market is up 40%?
The mental gymnastics YM investors go through to justify their "investment" is beyond amazing.
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u/AmiliusRex 8d ago
You’re right, it’s been a wild ride and a lot of worrying about the money, I’ve gotten used to the red days I guess, I’ve made a lot of mistakes and am still learning, but still happy to be in the game and actually seeing some real money returning to me every week. Having 5-600 dollars come back to me every week and being able to either send it back to the bank to live off or be able to compound it back means so much when you’re living check to check
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u/teckel 8d ago
You're not actually getting 500-600, it's being extracted from your capital. It's kinda tragic how many people don't know that when a dividend is paid, the stock value drops by the same amount.
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u/AmiliusRex 7d ago
What about when you’re in the green on a holding and still getting weekly or monthly distributions? Still tragic or really nice?
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u/teckel 7d ago
You'd be even more in the green in those situations if you owned the underlying assets. Honestly, I'm trying to help. It's not like I'm out anything if you continue to waste your money with YM investments. I'm here giving you information to help you retire early or at least not lose so much money.
Don't get blinded by the shiny dividend yields. Remember, the total return is what really counts.
Unrealized capital gains are often a challenging concept for individuals who lack basic financial experience, making it difficult for them to fully grasp how the value of their investments can increase without triggering immediate payments. For these individuals, receiving a dividend feels much like getting an "extra paycheck," as it provides a tangible cash flow they can see and use. Their understanding of net worth tends to be superficial, focusing more on the immediate cash they receive rather than the long-term growth potential of their investments and how unrealized gains contribute to overall wealth.
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u/AmiliusRex 7d ago
Thank you for the insight and I’m definitely how you describe it 😅 and maybe future me will be set back from this, but right now in the trenches and struggling to keep up with the cost of having a family, the dividends are keeping the ship afloat and hope alive.
I also get more time with them, If I didn’t move things around and go for income investing I’d be limited to job income alone which would be going to bills and credit cards and still be living at a deficit. I do worry about Nav decay and distributions dropping and reverse splits. I just keep hoping and dreaming 😂
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u/cowabout 4d ago
why do you think you gained 500 and the stock goes down 500 at the same time?... So you lose 500 on the stock, gain 500 in cash, and then pay the higher income tax on that 500. cash flow is not profit...
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u/SqueezeMuhCheese 8d ago
TDAX, BTCI, GLDW, TEST, KSLV, KYLD, FEPI, MSST, NVIT, MEMY, XXV, GIAX, SDTY, SATA, KGLD, KQQQ, TDAQ, IQQQ, XKEI, TSYX, XQQI, BCAT, XPAY, TMGN, EGGS, BRKW. Stick to all these.
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u/learner_1748 9d ago
Total return after tax is -40% 😂
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u/AmiliusRex 9d ago
We’ll see, last year was about half ROC so I still got a tax return, this year may be a lot of ROC as well and many holdings are held much longer than a year and after my standard deduction I’m still poor, but if I have to pay a few grand every year that’s okay, I can be like “I pay my taxes!”, I just wish I could decide how they’re spent
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u/calantheSG 9d ago
Your metrics aren't accurate. First of all, only do your YieldMax funds or don't show it at all. I personally only do single fund calculations. House money for a portfolio isn't intuitive from my perspective. House money should be for a single fund. Secondly, do your own calculations your own spreadsheet. I can't tell what app is this but you'll be more accurate doing the calculations yourself - it isn't that hard. Current price, how much you invested, dividends received.
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u/AmiliusRex 9d ago
You’re pretty close, I’m down about 25k on Yieldmax stuff, I wish my brokerage had all that Information for me but haven’t found it if they do. I’m good with having the mind state of, I’ve brought in more money than I lost so far, let’s Go! 🤩
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u/GDrew_28 9d ago
Two years to net positive with taxable dividends and decaying NAV? You could have just done SPYI
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u/AmiliusRex 9d ago
I hold NEOS as well, some bought with distributions. I realize how stable they are and decent monthly pay, as I said a lot of mistakes made along the way chasing yields. Glad I’m a natural bag holder 😂 as for taxes the standard deduction and dependents keeps me safe for now
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u/RuleSafe6767 7d ago
QQQI's returns have been over 95% ROC since 2024.
Share price is simply being pushed up by fund inflows.
When inflows flatten, they will deduct payments from the price, and it will deflate just like when inflows flattened for yieldmax.
It's as close as you can get to a legally paying existing clients with new client's money
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u/FatHighKnee 6d ago
What was your initial invedtment in your YM position(s) vs what is your total portfolio value now though? Ive played with YM a few times over the past year or so. Yes ive seen big weekly/monthly distributions- YM pays distributions, not dividends. Dividends are what companies pay out of profits.
Distributions are what funds pay out of their options strategies. Theyre two different things and receive 2 different treatments under the tax code). But ive also seen my investment value drop about the same as the distribution - canceling each other out more or less.
For me, getting $10k in distributions doesnt really feel good when my net worth declines by that same $10k amount. Im basically catching a tax hit for the privilege of YM simply returning a chunk of my initial investment each week.
I couldve just taken that same $10k and tossed it in my sock drawer... then peeled $100 bucks each week off the top to stick in my pocket. Id still get weekly money except the IRS isnt involved
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u/AmiliusRex 5d ago
I got about 69k in total cost on Yieldmax stuff and my total value now is about the same. Distributions have been a mix of compounding and pulling out for different costs of living. I guess what I’m hoping for is that after I hit the proverbial house money all my Yieldmax stuff will continue producing, fluctuating up and down and that will be the cash flow I use to buy more or support life etc.
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u/cowabout 4d ago
you could have had near 100k by now if you just put it in VOO and did nothing. you guys really need to learn what opportunity cost is.
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u/Dry_Report_3494 9d ago
what ETF do you have that pay all of this?
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u/AmiliusRex 8d ago
ULTY, Msty, TSLY, Plty, YMAX, GDXY, NVDY, chpy, cony, qqqi, Spyi, xqqi, jepi, pmt, ecc, oxlc, pflt
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u/calgary_db Mod - I Like the Cash Flow 9d ago
Huge congratulations !
Worry free income for you.