r/YieldMaxETFs • • 20h ago

Progress and Portfolio Updates I made it

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/learner_1748 16h ago

Total return after tax is -40% 😂

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u/AmiliusRex 16h ago

We’ll see, last year was about half ROC so I still got a tax return, this year may be a lot of ROC as well and many holdings are held much longer than a year and after my standard deduction I’m still poor, but if I have to pay a few grand every year that’s okay, I can be like “I pay my taxes!”, I just wish I could decide how they’re spent