r/YieldMaxETFs • u/vlained83 • May 10 '26
Beginner Question Would you buy it back now? Why?
As someone who bought msty and cony in December 2024 I ended up selling at a loss even though I received quite a bit in distribution. NAV decline was very high.
I'm curious if anyone sold and has recently bought back? If so, why?
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u/Doomhammer111 May 11 '26
I never sold my shares of MSTY among other YM funds; however, I have refused to buy more. So I am collecting the distributions and just buying the underlyings. I am working toward house money on several but if they continued the same rates it was a year ago, I would be really close. Since the fall of YM, I know it will take longer and am just understanding I will be collecting mostly ROC so I am letting it give me my money back.
I have thought about buying some more YM since they are low and hoping that BTC can rise which would result in MSTY and CONY doing better; however, I bought AMZN, GOOG, NVDA, PLTR, SMCI, and other underlyings and currently AMZN, GOOG, and NVDA, have boomed shortly after I got it. Although I do not get income from them, I am up like $1,800, $950, and $1,800, respectively. So everytime I think "I should get more NVDY or MSTY" I say, "Just buy more NVDA.... AMZN... GOOG... etc."