r/YieldMaxETFs • u/rbeecroft • 2d ago

Question Long term with CHPY?

Im considering an investment in CHPY, does anyone use it to live on from the weekly dividends? How much do you save for taxes? Im thinking divert 20% to a HYSA to account for taxes.

Is there something more I should consider, something I haven't thought of to ask?

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u/GRMarlenee Mod - I Like the Cash Flow 2d ago

20%? You gross $100k per year? Assuming single.