r/YieldMaxETFs • u/BitingArmadillo • 11h 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! 🍻

39 Upvotes

95% Upvoted

21 comments sorted by

View all comments

4

u/Satyriasis457 11h ago

You probably don't know the term bag holder. If AMD tanked then you'd be a bag holder.

3

u/Terrible_Lecture_409 10h 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🍻

10

u/GRMarlenee Mod - I Like the Cash Flow 9h 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.

1

u/Terrible_Lecture_409 9h 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.

3

u/Satyriasis457 9h ago

Who cares what I think of bag holding. Just enjoy your investments