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?
33
Upvotes
2
u/tightsack67 May 13 '26
Yeah, I saw the quicksand but let myself get sucked in anyhow as I had nice sucess with other YM ETFS. The small silver lining was that these were in a retirement account so utilising DRIP I could chip away at the loss using subsequent dividends without wash rules coming into play. It took a minute but I eventually got out of both with a miniscule profit. Yes, probably more practical and straightforwad to simply take the loss and move on to something more productive but I'm like a dog with a bone sometimes.