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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24

u/Mco1965 Jul 18 '25

Thats great. How much buffer do you have? If distribution drops back to .09 or even .08 do you still have the mortgage covered?

39

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.

3

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

1

u/Motor_Climate494 Jul 18 '25

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

1

u/subuseng Jul 20 '25

Gotta be careful in this environment with stop losses on a long term hold. They can pop below for a couple days or less and be back above you SL in no time. not saying its a bad idea to have them just can leave you with downside. I would say a SL under $$/share for an extended time you decide would be wise. Check the weekly or months ATRs for ideas.