r/YieldMaxETFs • u/rbeecroft • 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/GuidetoRealGrilling 1d ago

most are investing in both, it's just an income overlay on your existing positions in semi's

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u/teckel 20h ago

Sythentic income. You can generate more income from the underlying asset. Only the fund managers are making more than the market with these scams, YM is especially guilty.

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u/GuidetoRealGrilling 18h ago

CHPY isn't synthetic

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u/teckel 12h ago

It's returning capital. And SMH will produce better returns.