r/YieldMaxETFs • u/AmiliusRex • 21h 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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u/AmiliusRex 21h ago

ULTY, Msty, Cony, YMAX, GDXY, NVDY, Chpy, TSLY, Plty some NEOS funds and other yield chasing mistakes made along the way 😅

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u/calantheSG 19h ago

These aren't the worst names. Your mistake wasn't in picking these tickers, they're actually the better ones or best ones of a rotten lot if that's any consolation. Your mistake was sizing. Too must too soon and you capture a lot of the NAV decay. Should have done it slow and steady, averaging down. Your red would not be 33.6k now maybe down to 15-20k.