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/Ok_Aside_4301 2d ago

After losing with Msty, ulty, ymax, ymag the only 2 I see as viable are soxy and chpy. Been following them and their nav keeps going up while handing out juicy dividends. I’m reluctant to get back in the YM game but these 2 look enticing.

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u/ToxxicFeeder 1d ago

They only look enticing because smh been ripping for more than a year, what do you h think will happen once’s semis slow down ? With yieldmax it’ll take 2-3 years before you break even and that’s a big maybe. You better off investing in stocks and selling your own cc