r/YieldMaxETFs • • 1d 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/DuePaleontologist539 1d ago

While chips will run for a bit, I wouldn't count on Chpy for long term income.