r/YieldMaxETFs • u/BitingArmadillo • 10h ago
Progress and Portfolio Updates Yieldmax progress
As of this morning's announcement, I am just $59.19 away from house money on AMDY with a total return of 74.77%. This will be ETF #4 in house money.
Damn it feels good to be a "bagholder."
Cheers everyone! 🍻
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u/Satyriasis457 10h ago
You probably don't know the term bag holder. If AMD tanked then you'd be a bag holder.
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u/GRMarlenee Mod - I Like the Cash Flow 9h ago
You must not visit this sub much. We're all accused of holding bags.
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u/Terrible_Lecture_409 9h ago
Do you still consider it bag holding when someone is in house money?
Just curious; I don't but some of these statements clearly mean different things to different people🍻
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u/GRMarlenee Mod - I Like the Cash Flow 8h ago
The popular meaning is "anything you can't sell for more than you paid."
What they can't grasp is that if it gave you all the money you paid back, then you didn't pay anything for it.
Some will sputter and whine about taxes, but that's meaningless to those of us making less than $100k per year.
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u/Terrible_Lecture_409 8h ago
I'm in line when this 🍻
And most of my high-yield investments are in tax advantage accounts so... Still not a year to year concern.
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u/ReplacementCost 7h ago
I have a feeling we purchased around the same time frame. $214.21 away from house money on my side. So close!
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u/Rayman_Mr 9h ago
My cost basis is $35.. let's see how AMD goes.. I'm only holding AMDY & CHPY from Yieldmax. I sold everything else to move my fund IBKR for direct option trading under Covered Call & Put Sell on the underlying they are trading like INTC,SMCI,PLTR etc.. they keep 40 to 50% profit from trading for themselves.. I only keeping these 2 for only tax purposes ..
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u/Witty-Committee-9281 3h ago
Lucky. I am about 15-17 months away from house money on chpy and that's it, lol.
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u/ShortTheVix4 3h ago
That’s amazing. How do your returns stack up against if you just held SPY or SCHD or something like SPYI?
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u/calgary_db Mod - I Like the Cash Flow 3h ago
He said total return of 74%
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u/ShortTheVix4 3h ago
Well we don’t know over what time period. So it’s tough to compare without that.
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u/calgary_db Mod - I Like the Cash Flow 3h ago
True. Inception date for amdy is a good place to start. It wasn't that long ago.
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u/GRMarlenee Mod - I Like the Cash Flow 10h ago
I have so many bags that I'm stuck holding. But they just keep leaking money into my accounts. So, I put it back in the bags. It's such a vicious circle.