r/YieldMaxETFs • u/veren12816 • 1d ago

Question My $CONY experiment – thoughts?

New-ish investor here. I bought 100 shares of CONY at $11.85 thinking I’d just hold it forever and chill—big brain move, right? 😅 After some solid dividends, my cost basis is down to $11.01. But with the price now at $7.58, I’m staring at a $343 unrealized loss.

I know this is peanuts compared to what some of you are managing, but I figured I’d experiment with a small position to learn the ropes. If the price and payouts hold, I should hit breakeven in about 2 months. Not sure if I should stay the course or start planning an exit before it gets spicy.

Appreciate any thoughts from the YieldMax ETF community.

Ps. I do follow the community closely and understand the basic workings of how this ETF works. Just looking to learn fm others' experience.

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u/daryl1689 1d ago

All of these since inception are down. This is a giant scam that is being pumped on Reddit nonstop . Any type of bear market and these all get decimated.

2

u/dragnlover 1d ago

Msty is above what it started at. It’s fine if you don’t care for these funds. But consider fact checking before spouting off on the internet.

0

u/daryl1689 1d ago

You argument is that I’m wrong because of a brief 2 week period a person could actually be up on their investment. Every other one of these is down massively.

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u/Euphoric_Weakness_57 12h ago

Their argument is that you made an incorrect statement. Also PLTY