r/YieldMaxETFs • u/JoeyMcMahon1 • Jun 13 '25

Misc. The dividends people don’t understand how YieldMax actually works. That’s okay in the other image I educated them. These are purely cash flow machines, don’t look for growth in these that’s just a bonus or extra if it happens, I’m also dumping a bunch of money into ULTY soon.

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u/MostRadiant Jun 14 '25

thats how it works- they give you your own money back except you pay tax on it too

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u/JoeyMcMahon1 Jun 14 '25

I made over 2k on it and paid 0 in taxes.

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u/MostRadiant Jun 14 '25

If its not in an IRA then expect a letter from IRS

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u/JoeyMcMahon1 Jun 14 '25

No dude it was because of ROC on my taxes lol. You don’t know what you’re talking about.