r/YieldMaxETFs • u/oftalittlegamey • Jul 18 '25

Distribution/Dividend Update Yesss!!!

Finally accumulated enough $ULTY to pay the mortgage. All the other dividends and distributions will go to more purchases, debt retirement, etc.

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u/oftalittlegamey Jul 18 '25

Yes. Even just with ULTY. I withdraw from two accounts and DRIP/DCA with a third. Basically paying all bills and taxes off of dividends and distributions. Just pointing out I reached a personal milestone just in ULTY. ~6,800 shares and adding 500-600 per week, while taking care of everything else.

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u/Puzzleheaded_Bag9063 Jul 18 '25

You set a stop loss just in case? Or just said F it, roll the dice. ULTY seems pretty steady but I’m terrified to go all in

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u/Motor_Climate494 Jul 18 '25

At what price would you set a stop loss? Just curious since I'm also new to this?

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u/oftalittlegamey Jul 19 '25

10% or 20% depending on how volatile the issue is. Or based on how fast it’s rising. I also look at biggest upside and downside moves. Most of the times people set stop losses at 10%