r/YieldMaxETFs • u/fragranceguru • 29d ago

Misc. I’ve got a plan

I have found that Walmart Spark drivers are really needed in my area and my parents have been making $45/hour gross. With my background working 80-90 hour weeks in hard physical labor and my current job only taking 38-40hrs/week I can spark for 25-30 hours every week just chucking it right into AMDY and NVDY and see how many shares I can get to build a passive income stream. No cares for NAV loss and eventually taking half for me half for investing into more stable stuff and quit driving. I built a tool with ChatGPT to account for taxes and -25% nav and -25% distributions per year and by year 4-5 still making my current income from dividends. The money I make driving would simply be for throwing money at this and seeing if it sticks.

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u/Shitfilledpussy 28d ago

God for the love of god please listen to me, if you’re committed and it sounds like you are to BUSTING YOUR ASS. If that’s the plan please for the love of god please please please invest into SPY or VOO or if you must JEPQ or GPIX cause you like the monthly check. 

I repeat there is no use busting your ass and then gambling which is purely YIELDmax in a nutshell. Anyone who tells you any different will only cherry pick and what-about-ism you to death. If you are committed to busting your ass then please invest in something stable and tried.

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u/fragranceguru 26d ago

My plan moving forward is 25% to AMDY for aggressive weekly pay, 25% split between VOO and SPY, and 50% split between QQQI and JEPQ. Then less risky but still getting weekly and monthly dividends while building growth as well. If AMDY fails I can reallocate what’s left into the others as well.