I Bought These TWO High Yield Dividend Funds On Margin

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[mmz]

Don’t understand why buy ULTY? This one is dead. It doesn’t recover the dividends. You lose the dividends and some more. Please ppl do some math before buying. High yield is good if the ETF can recover some of that dividends.

[chrisparker]

What is your thoughts on the AMD purchase?

[ChuckHolland-ib]

Dont count your chickens before they hatch. I invested 100k into 6000 TSLY stock. I now only have 3000 shares because of a reverse split. My investment is now 40k. Even with dividends im not even close to breaking even after 18 months. So its been a classic dividend trap. I cant sell or take the L. The only people making money is Yieldmax with thier high fees.

[J.D]

Borrowing on ULTY?? Yikes! Better think about that one.. youre going to have your own private GFC.

Snowball is projecting your future dividends based off the current price, which ULTY isnt going to maintain.

[ryldauril]

might has well buy WDTE, QQQY, and IWMY the 3 other losers.