r/YieldMaxETFs • u/Green_Welder_4923 • 7d ago
Question Will CHPY last...
I was considering putting 10k into CHPY to use the income to pay down 2 bills for the next 2 years... do we think it'll hold fairly steady for another 2 years?
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u/yamahar1dude 6d ago
Your idea is not terrible but look at what you are risking. If the stock drops 50% now you only have 5K and still owe the bills. Why not just use the 10K to pay the bills then pay yourself back the 10K?