Are YieldMax ETF's the Right Choice for Your Portfolio #yieldmax #yieldmaxetf

In this video we are talking about the YieldMax ETF's with ultra-high distribution yields and specifically on building a YieldMax ETF Portfolio that then pays for monthly expenses. In this video I am walking through my analysis on which YieldMax ETF's make the most sense based on their historical distributions.

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This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles.

YieldMax ETFs are a series of exchange-traded funds (ETFs) that aim to provide high monthly income through options-based strategies, particularly using covered call writing on individual stocks or ETFs. Here's an overview based on the information available:

Investment Objective: YieldMax ETFs focus on generating monthly income by selling/writing call options. This strategy involves holding a long position in an underlying security (or replicating that position synthetically with options) and selling call options against that position.
Distributions: These ETFs often offer high distribution rates, but it's important to note that these distributions can vary significantly from month to month, might include return of capital, and are not guaranteed. The distributions have been known to include ordinary dividends, capital gains, and return of investor capital, which could affect the net asset value (NAV) and trading price over time.
Risks Involved:
Single Issuer Risk: Since many YieldMax ETFs are concentrated on one stock or a small group of stocks, they can be more volatile than diversified ETFs.
Distribution Risk: There's no assurance of distributions each month, and when they do occur, amounts can vary greatly.
Capped Gains: The use of covered calls means the ETF's upside potential from the underlying security's price increase is limited, although it's exposed to full downside risk if the stock price drops.

TSLY YieldMax™ TSLA Option Income Strategy ETF (TSLA)
NVDY YieldMax™ NVDA Option Income Strategy ETF NVDA
CONY YieldMax™ COIN Option Income Strategy ETF COIN
NFLY YieldMax™ NFLX Option Income Strategy ETF NFLX
AMDY YieldMax™ AMD Option Income Strategy ETF AMD
MRNY YieldMax™ MRNA Option Income Strategy ETF MRNA

#yieldmax #yieldmaxetf #cony

[camc]

I'm very interested in how this plays out cause looking at buying a new Tesla that has 0% financing so instead of paying the car off, play this method and maybe have a bit left over at the end.

[cristianv]

Currently have positions in CONY and MSTY to help me pay for food and rent in college :)

[Hammondburke]

What he fails to mention whoever this genius on the video is that the dividend comes out of the stock price, not income . latterly if it goes downhill. you will lose all your hard earned money even though you cashed out in dividends. its like taking money from a stock that's losing value . don't forget uncle sams cut as well that will eat off your equity that you already paid tax on before you bought the stock. please do your research