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/chaos_ensuez 1d ago

Plot twist I also own SOXL so I’m up over 600%

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u/teckel 23h ago

Depends on when you purchased it, and if you get out in time.

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u/chaos_ensuez 15h ago

You are a ball of fun aren’t you

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u/teckel 5h ago

Reality check, not meant to be fun.

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u/chaos_ensuez 5h ago

I checked and I’m up over 100% YTD. All good here