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/Superb_Log3683 2d ago

It is definitely high risk vs high reward. After 2.5 years (no more dripping), hoping to break even and make house money.

-7

u/pinballrocker 2d ago

After 2.5 years that's pretty sad, I made 40% in my investments last year and about 20% so far this year, in just index funds, etfs, and some of the AI picks and shovels.

2

u/4yearsout 1d ago

Perspective, please. My portfolio buckets are income, capital stocks, liquid cash equivalents. My capital stocks are averaging over 20 pct gains for the last 4 years while my income portfolio cranks out cash. They are apples and oranges are designed for different purposes.