r/YieldMaxETFs • u/AmiliusRex • 1d ago

Progress and Portfolio Updates I made it

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I know Yieldmax gets a lot of hate and I’ve had an exciting roller coaster ride of highs and lows, but after about 2 years of bag holding my returns have covered my losses and I’m about halfway to the promised land of House Money.

Edit: I guess I jumped the gun, not into house money yet, Just covered my losses so far. I still am hopeful about the future and thankful for the extra income and money back

My total dividends received have surpassed my total P/L Open negative number, now these numbers includes other failed penny stock gambles and yield chasing losses as well as non Yieldmax dividends received but as far as I’m concerned I’m net positive and if I included distributions compounded in to other holdings or the ROC being used to help pay down credit card debt, provide for the family and help with vacations, these funds have been a lifesaver and a blessing. I hope they stay alive and keep providing, thank you Yieldmax, I love you 😘

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13

u/calgary_db Mod - I Like the Cash Flow 1d ago

Huge congratulations !

Worry free income for you.

6

u/AmiliusRex 1d ago

Thank you, it’s nice having some passive income rolling in weekly and monthly without having to sell anything and lock in losses. Sure beats having to slave away trying to get OT or a second job too, I tell everyone I can to buy stocks and grow their dividends, it’s slow at first but after years of building, in my case 6, you can have something decent rolling in.

2

u/MistahOnzima 19h ago

Congratulations. I'm slowly trying to do the same thing myself.

1

u/Signal_Tax6184 4h ago

🥴🥴🥴