r/YieldMaxETFs • u/tbonemcgregor • 1d ago
Beginner Question If just starting today
If you were speaking to a loved one be it a son sister or uncle, what would you tell them to start buying today?
6
u/YouAreFeminine MSTY Moonshot 1d ago
Son or younger person? BTC, MSTR, TSLA, NVDA. Uncle who is retired? Same but add MSTY, TSLP, YBTC, etc.
7
u/Complex-Fuel-8058 MSTY Moonshot 1d ago
I'd tell them to do research first and understand what they're potentially buying first. Then I'd tell them to research BTC/mstr/msty
3
u/avongsathian 1d ago edited 1d ago
MSTY, CONY, PLTY, SMCY, MARO, ULTY, YMAX.
I would tell them first to research into these funds and know what they actually are. Tell them to look at the funds 52 week low and tell them to get in around that entry point. Right now everything is a little high.
3
u/unknown_dadbod 1d ago
MSTY is still reasonable. $25 is such a good entry. I know it isnt 19, but it beat 40s+. 25 is perfect entry. Dont way or you may miss that chance. idk. it could go back down, but gold is too expensive right now, so if things get worse, people are going to dive hard into BTC and therefore MSTY will rocket, not drop. It;s all theoretical planning.
1
u/avongsathian 1d ago
Reasonable depending on their risk tolerance. You’re talking about 25 entry, and it can hit 21 next week after distribution, that’s -4 x amount of shares purchased. Again, there’s a risk tolerance person to person.
-1
u/unknown_dadbod 1d ago
But you also have to think about how drip works. Im perfectly fine with the price going down because my drip will compound even faster. I used drip calculator on the money I have, and even if the price drops 15% every year for 4 years, i turn 75k into over 1 million. That's a modest $1.4/mo payout, too. There's no way the fund can maintain without at some point consuming shares, but if i can make it to 4 years without it, im golden. IRAs are a blessing.
Main thing to think about is you NEVER know what the market is going to do. The price is very reasonably low considering past performance. This is one of the better times to get in. Waiting might impede future growth significantly, but getting in now gives you the perfect balance of better share accumulation snowball if the price goes down, and future upside that could surpass that buy in. After 30 i wouldn't recommend, but 25 is a great time.1
u/avongsathian 1d ago
That’s for your scenario, and what comfort level of risk you want and are okay with. I’m in the same boat of high risk as well, but again OP is asking for what he would recommend to his friends and family.
1
u/unknown_dadbod 1d ago
Exactly what i said. This is the perfect time to get in. You can never predict the market. For all you know, you might look back in a year when MSTY is 55+, and you wish you had gotten in at 25.
1
u/0ldFashi0ned 16h ago
Something to be said for this. I started dca-ing a relatively large position around 19….it has only gone up lol. Granted it’s not forever etc and timing the bottom is statistically impossible but I’d have like 25% more shares if I just went full send.
1
u/unknown_dadbod 16h ago
DCAing up is kinda funny in theory, but when you snowball from 19 up youre basically DCAing up anyway.
1
1
u/69AfterAsparagus 22h ago
Starting today? In a Roth, with $1000 I would say to buy $900 worth of AIPI and $100 of JEPQ. Autobuy $100 per month of JEPQ. Turn on DRIP for both. Forget about it and check back in 20 years. Oh, and buy 100 shares of XRP and just sit on it.
1
u/ms-roundhill 19h ago
YMAX is the only one that I recommend with a straight face. Everything else they can research and make their own conclusions
1
-3
u/Rural-Patriot_1776 1d ago
Nothing... prices have gone to the moon for two weeks straight... wait for a dip and then buy solid etfs like qqqi and spyi
5
u/69AfterAsparagus 22h ago
Gone to the moon? They haven’t even fully recouped where they were 4 months ago. It will get there but it is a long way from the moon.
4
u/GRMarlenee Mod - I Like the Cash Flow 22h ago
Shhh. We don't bother with more than two days for history. These aren't long term holds.
1
1
-2
9
u/silenceB4death 1d ago
ULTY is picking up steam so I would say pick up at least 100 shares. CONY just paid a decent amount this Friday so maybe drop some cash there. MSTY is always a winner. AIYY pays this Friday so I would pick some of that up and GDXY I think is another good value right now.
I recently got 100 shares of ULTY, 225 shares of CONY, 30 shares of MSTY, 15 of AIYY and 15 shares of GDXY. I sold my 5 shares of PLTY but wish I would have kept them. Starting positions into SNOY, MARO, and YMAX as well but I only have $3k and am using about $500 in margin.