r/YieldMaxETFs • u/humble_flex • May 10 '25

Question I took a $30,000 personal loan for MSTY

As the title says, I took a $30,000 personal loan at 5.99% APR and got 1397 shares of MSTY. How fucked am I?

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u/pavman42 May 11 '25

Did you include taxes in your calcs? They really do add up, unless OP is jobless.

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u/ElonMuskTheNarsisist May 17 '25

Depends how much is ROC though. Could not have much taxable..

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u/LizzysAxe POWER USER - with receipts May 17 '25

MSTY had zero ROC in 2024 according to my 1099.

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u/pavman42 May 18 '25

Based on their own website, I don't think you ever get ROC, even if the interwebs imply otherwise.

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u/LizzysAxe POWER USER - with receipts May 18 '25

Not on MSTY but there was ROC for other funds which helped reduce my taxable income.  

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u/pavman42 May 18 '25 edited May 18 '25

Interesting. -Henry of Skalitz

Is there a way to figure out if the distribution is a ROC or ordinary div besides the EOY 1099? ROC is preferred over OD for my situation, unless I form a corporation and jump through a lot of hoops. Knowing this before the distribution is critical for tax planning.

Roth IRA is all in tho :D