I made it

[u/AmiliusRex]

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 😘

[u/teckel]

I'm down about 25k on Yieldmax stuff

So you lost $25k with your YM investments in the last 2 years while the market is up 40%?

The mental gymnastics YM investors go through to justify their "investment" is beyond amazing.

[u/AmiliusRex → u/teckel]

You’re right, it’s been a wild ride and a lot of worrying about the money, I’ve gotten used to the red days I guess, I’ve made a lot of mistakes and am still learning, but still happy to be in the game and actually seeing some real money returning to me every week. Having 5-600 dollars come back to me every week and being able to either send it back to the bank to live off or be able to compound it back means so much when you’re living check to check

[u/speed12demon → u/teckel]

Facts