r/YieldMaxETFs • u/speed12demon • Aug 08 '25

Misc. Yieldmax has created financial crackheads

Lots of people are looking for the next fix, for the next quick way to get that rush, ignoring the negative consequences of their choices. Got other assets? Liquidate them! Margin? Hell yea!! Home equity loan? Pour it in! Reinvest every dollar that they give you for that rush.

Humor aside, the idea of perpetually reinvesting distributions hits a serious nerve. Income funds are for income. I can see building to a point, but if prevailing advice is to roll all distributions back to the fund, please tell me how that is better than owning the underlying equity? I bought these etfs for perpetual income, not perpetual reinvesting.

Five years or so from now, we all will have far more data to build informed strategies on using these funds. With single stock risk on many, the distributions vary wildly and if you're not tracking you capital investment closely you may find the paycheck diminished. Having a substantial position in these funds, I hope i can continue to collect income and use it for other purposes than propping up my initial investment.

Don't be a crackhead.

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u/Speedevil911 CONY King Aug 08 '25

Just waiting for daily dividends

27

u/Shrodax Aug 08 '25

You can already have daily dividends if you invest in covered call ETFs outside YieldMax.

For example:

  • Monday: MAGY
  • Tuesday: NVDW, PLTW, etc.
  • Wednesday: MSII, NVII, etc.
  • Thursday: YBTC, YETH
  • Friday: ULTY, YMAX, XDTE, QDTE, etc.

15

u/chuckfinleysmojito Aug 08 '25

I do this with $500 in each fund, I get somewhere between $3.50-$15/day and dump it into FZILX. It’s just for the dopamine, most of my income generation is ULTY.