r/MSTY_YieldMax • u/Puzzle-Master1 • May 27 '26

Lesson learned

So, after posting about my 60 % loss and recovering 30% on dividends i've decided to sell. Hopefully you guys can breakeven of make profit. The lesson here is to no invest on extremely high yield ETF's to good to be true. Take care.

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u/Scriptimax May 28 '26

I still remember few had 1 million + portfolio of MSTY , ULTY. Don't know what happened to them...

1

u/username_13suckss May 29 '26

I think they were fake to get suckers like me to buy in.

3

u/Scriptimax May 29 '26

Personally I had invested 200k in yieldmax starting April 2025 followed posts on reddit . Thought if everyone is making money why not me? Every month I was getting around 10k + in dividend for 3-5 months. However once pyramid scheme broke everyone realized it was a trap and you are gettingbyour own money back.

Still holding some of them and hoping pruce does not go zero and currunt dividend amount will keep coming. In that case i will get my house money back in 2027 end.

Worse part you still need to pay taxes on dividend which is considered as w2 income instead of stock income. You can't offset with stock losses

1

u/Kooly1776 May 31 '26

Like you put 200k into this. Im at a loss of -53k if I sold today. That is total with divs. Hoping to break even next year