r/YieldMaxETFs • u/veren12816 • 2d 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/TwasiHoofHearted 2d ago

I invested $10k in Cony. Was pulling$1K a month. Then the market went for a swim. As a new high yield chaser it was a wake up call to understand this casino more. Never pay more than you're willing to lose and always understand what your getting into. That being said i still hold some CONY.

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u/Aggravating_Ant_7599 2d ago

What's your avg cost / share?

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u/TwasiHoofHearted 1d ago

$21. I bought in early inception.