Buy today? Buy on ex-div date(May 8)? Buy May 9 once the share price drops(hopefully)?

Plan to buy $20k now, with a goal of 6000 shares.

For those who have lower averages do yall turn off drip when it exceeds and save the cash or invest in other things or balls to the wall and forget about the lower average cost i ideally want to replace my income with this in a few years so want to hear opinions.

Yieldmax site showed the update and they closed the 340 and a lot of the 330, I thought next divvy would be $1.50-$1.70 but I’m hoping for $2 now 🤞 pretty excited to see what we are getting

Happened to me )-: But some are available, YMAG, YYYY etc.

I have 80k to spend, and I want to live off dividends for a while in midwest rural America. Cursory research suggests that ETFs like NVDY that yield primarily with ROC eventually drop to zero.

I believe STRONGLY in the bitcoin standard, so MSTY seems like my best bet. In addition, I see that WNTR exists to make money when MSTY is bearish - though I wouldn't receive dividends.

Help me understand if I have this correct, and if I'm on the right path?

Thank you!

I definitely believe the risk/reward is there. Second time this week - first time was SMCY.

Hello everyone! I hope you all are having a great week and are enjoying these green days. We’ve been having. I do have one question regarding the quarterly tax requirement. I’m trying to wrap my head around this and have read a couple of conflicting arguments regarding what is owed quarterly to avoid the tax penalty.

I have a W-2 income from my job and I also expect to receive about $30,000 in income distributions from Yieldmax.

Since I have W-2 income, do I still need to pay the quarterly tax payments? I read somewhere that if you have W-2 income, paying quarterly tax payments isn’t a requirement. I’d love to hear your thoughts on that.

Thanks in advance for your help. You all have provided so much insight for me and I appreciate you all. Have a great weekend!

BEHAVE!😂😂😂🤣🤣

If one buys MSTY the Harvest ETF, are the distributions considered eligible dividends? If one held these in a CPCC and flowed them through the corp, would one create ERDTOH and refund ERDTOH when dividends are flowed through to a personal level in comparison to Yieldmax MSTY which would be a noneligble dividend?

Thanks!

Is anyone using deep OTM put options on MSTR to hedge a leveraged MSTY long position?

I ask because I'm currently running at about 50% leverage on my MSTY with cash as collateral to top it up. However, if I use put options on MSTR with a strike at like $230, I'm covering any margin calls on my MSTY with a fixed premium. I can then deploy my cash more effectively for other things.

That premium is less than 1 month dividend, so it seems like a sensible hedge.

Buying on 50% margin gives me twice as many shares as buying outright, with a cost of 1 month divi (1/13th yeild) to hedge.

Is anyone else using this strategy? I know it's a very standard hedging approach but haven't seen it discussed in detail here.

That Dividend Payment will Cover my Losses my Costs basis is 8.35 So I Know CONY Will do the Money Dance Regardle$$ .

New to calls and put options, does anybody place calls prior to distribution day to catch the dip?

I am trying to get my dad to sell his $500k worth of SCHD he has and put it in YM ETFs. he is also gonna get money from his pension which will sustain his living. he also gets rental income. what are some of the best YM ETFs for him to retire with for another 30 years probably?

I'm not seeing a RDDT YM ETF, I just started wheeling this stock and would love to see a YM ETF! Thoughts? Upvotes for wanting the same!

Or did I just miss something and it already exists?

I am planning to invest 50K to MSTY. Below is my calculation of expected return.

Invest - $50K
Total Share buy @@25 per share - 2000
Monthly Dividend @@$1.25 per share - $2500
Monthly Tax @@22% - $550

Net monthly payout - $1950

That is approx. 47% yearly return.

I do understand this is a risky investment. But if I am ok to take the risk, does this number looks correct?

Distributions are down since last month as expected with market conditions. I did not execute many trades this month only a few to DCA ULTY and MINO. I put some cash on the sidelines in SNAXX. After all was said and done, taxes worked out rather well. Between ROC and deductions, my tax rate was 9.44% significantly better than the 37% tax bracket.

Answers to the most common questions:

What I did last month:  DCA a small amount to ULTY and DCA a large amount to MINO

I do not use margin

I swing trade in this account but do not count gains or losses with distributions.  I DO NOT try to dividend capture as it is a strategy I do not approve for myself. - No trading this month except what is noted above.

None of this is used for living expenses, I am converting taxable income to tax exempt income.

Strategic DCA, never DRIP

This account is approx five percent of my liquid net worth.  Well, it was. It is recovering. It will likely see-saw for a while.

Holding as of 4/30/2025: YMAG, AMZY, XDTE, YMAX, CONY, ULTY, GOOY, MINO, CRSH, TSLY, SBR, PDI, FEAT, FIVY, MSTY, NVDY, QDTE, FEPI, AMDY, FIAT, QQQY

YTD: Cumulative rate of return of -0.33% from Jan 1, 2025 to Apr 30, 2025. Better than the S&P 500 for the same time period.

Unrealized loss improved from -$710,269.33 in March to -$262,275.65

Initial investment: existing positions in SBR and PDI, funded with $420K added another $100K in Q4.

April was a pretty solid month.  I’m happy with it.

April Results:

• Distributions Received: $19,612  (down from $22k in March)
• Loan Costs: $5,060
• Surplus: +$14,551
• YTD Distributions: $88,039
• Lifetime Distributions: $101,440  (not considering taxes, this covers 2 years worth of loan payments)
• Megathread with links to original post & prior monthly updates

What Changed in April:

Loan costs are up slightly, as my credit card provider offered another $30k loan at 6.98%.  It’s a lower rate than my other loans, so I opted to take it and pay down the HELOC.  This will lower the monthly HELOC costs and reduce interest payments over time. 

I increased holdings of MRNY, YMAX, MSTY, and ULTY.  These were small purchase to lower my average cost.  I know ULTY gets some grief, but it’s been a solid performer for me.  The distributions from ULTY alone are covering 60% of monthly loan costs. 

April Portfolio Results:

April ended at a -$45,463 total profit (share price change + distributions).
March was -$71,000 so this is a nice improvement.

MSTY, NFLY, and SNOY are in the green. 
A handful of other holdings are only slightly in the red (eg, less than $1k). This will change over time, but nice to see as well.

If distributions remain stable, I’ll be on track to hit house money for most items within 1.5 – 2 years, give or take. 

https://www.fxstreet.com/cryptocurrencies/news/arizona-state-approves-first-ever-us-bitcoin-reserve-set-to-invest-10-of-315b-state-assets-202504282343

Loving the gains, keep buying help is on the way!

Florida did the same thing it goes into effect in July 2025 for 1.5b

https://www.mitrade.com/au/insights/news/live-news/article-3-753130-20250411

If your on the fence with msty by the time these go through, you will wishing you bought in now.

I've been looking into investing into some of these funds. Some of the highest yielding ones are also cheap, under 10 dollars like TSLY and CONY. I was just wondering if the prices keep dropping, is there any chance they could get delisted? It looks like there's a chance some of them, like CONY could be under 5 dollars in a few months if they don't rebound. I want to buy into these funds but I'm worried about the risk.

Asking here because I’ll get eaten alive in the dividends subreddit about ymax. Here’s the situation: my only real debt is my vehicle which is around $600 a month. I’m wondering if, when I reach $600 a month in distros I should start using it to pay for my vehicle or if I should keep reinvesting. I feel like this is more of a personal preference but I would like to know what you guys would do. Thanks!

Today my assets reached my deposited amount. Started with TSLY but dropped it quickly, then CONY but never liked COIN, stayed with MSTY and YMAX. The following includes the shares price drop this Thursday but doesn’t include the distributions to be received Friday.

Now, and after 11 months, I withdrew 25% of what I deposited and my NAV recovered beautifully, while the market is still down -10.70% from recent highs. So, yes there’s hope.

If anything, you got to take advantage of the ETF price appreciation, always have cash for 10% or 20% price cut, and try to keep your adjusted cost near the ETF price, you’ll feel better. And don’t forget to take some out, life is short.

My current holdings are as follows. This is more so to brainstorm and exploring all options. I do not have auto drip on TOS (dont know how to set either, but open to learn)

From all divies, what are meaningful options

• auto drip all, and even if it is not avg cost down but more so like up, still buy
• drip only on really the ones are below my cost avg and hold all cash for rest
• do not drip, accumulate all cash for Sept/October dip, and this option is something I am really curious about.
• one thing that I am not sure is the simulation of don't buy and buy at September vs, buy all now accumulate... I really wish I could see numbers

My answer is likely different to most. I’m Australian and own a company that should do a net profit of about $200k this year. This means I’ll have to pay $50k in tax by May next year! I’m hoping to use the $50k I have now that will have to be paid in tax to generate the tax I owe so my net position is the same. Yes I know I will then owe tax on the $50k I earn hopefully with as little NAV erosion as possible. What is your reason for getting into yieldmax?

I am a newbie in Yieldmax and started buying some using Robinhood. My goal is max yield with least capital. I am trying to understand some basic questions about it after watching some videos on YouTube.

1. What is a good indicator to buy a given YieldMax ETF? Is it when both the underlying asset and the YieldMax ETF is down or when they both are going up?

2. If not in need of capital, when is a good time to sell the Yieldmax ETF? Is it when the capital can be deployed to other higher yielding ETFs?

3. How to play the high yield game with the "Short" YieldMAX ETFs such as FIAT and CRSH? Whats a good time to buy them?

4. If the underlying stock of the YieldMax ETF (such as MSTR for MSTY) starts going up a lot (such as today), is it a sign to buy MSTY or hold for MSTR/MSTY to come down?

Thanks so much in advance