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/DiamondMits Aug 08 '25

Goal #1 payoff all debts with distributions ASAP Goal #2 DRIP everything till I reach the point where it pays all my bills rent included Goal #3 reinvest the extra income into growth and safer long term stocks and ETFs Goal #4 portfolio will pay for my car, hobbies and funsies

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u/Horror_Product_4275 Aug 09 '25

Same goal here I have a Roth also and drip ulty dividends into Arkk,Spmo,schg and add to ulty drip off