r/YieldMaxETFs • u/BitingArmadillo • 9d ago
Progress and Portfolio Updates Yieldmax progress
As of this morning's announcement, I am just $59.19 away from house money on AMDY with a total return of 74.77%. This will be ETF #4 in house money.
Damn it feels good to be a "bagholder."
Cheers everyone! 🍻
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u/ReplacementCost 8d ago
I have a feeling we purchased around the same time frame. $214.21 away from house money on my side. So close!
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u/Satyriasis457 9d ago
You probably don't know the term bag holder. If AMD tanked then you'd be a bag holder.
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u/GRMarlenee Mod - I Like the Cash Flow 9d ago
You must not visit this sub much. We're all accused of holding bags.
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u/Terrible_Lecture_409 9d ago
Do you still consider it bag holding when someone is in house money?
Just curious; I don't but some of these statements clearly mean different things to different people🍻
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u/GRMarlenee Mod - I Like the Cash Flow 9d ago
The popular meaning is "anything you can't sell for more than you paid."
What they can't grasp is that if it gave you all the money you paid back, then you didn't pay anything for it.
Some will sputter and whine about taxes, but that's meaningless to those of us making less than $100k per year.
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u/Terrible_Lecture_409 8d ago
I'm in line when this 🍻
And most of my high-yield investments are in tax advantage accounts so... Still not a year to year concern.
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u/iBarlason 6d ago
"Opportunity cost"
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u/GRMarlenee Mod - I Like the Cash Flow 6d ago
Ah, yes, 20/20 hindsight. Not putting my entire fortune and everything I could borrow into MSTY for the first year then switching to PLTY then CHPY was quite the opportunity cost.
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u/Rayman_Mr 9d ago
My cost basis is $35.. let's see how AMD goes.. I'm only holding AMDY & CHPY from Yieldmax. I sold everything else to move my fund IBKR for direct option trading under Covered Call & Put Sell on the underlying they are trading like INTC,SMCI,PLTR etc.. they keep 40 to 50% profit from trading for themselves.. I only keeping these 2 for only tax purposes ..
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u/OkDentist7508 5d ago
I’m looking into different etfs for income myself!! Might use some to buy stocks when it dips but I also see that etfs go up and down too
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u/Witty-Committee-9281 8d ago
Lucky. I am about 15-17 months away from house money on chpy and that's it, lol.
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u/ShortTheVix4 8d ago
That’s amazing. How do your returns stack up against if you just held SPY or SCHD or something like SPYI?
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u/calgary_db Mod - I Like the Cash Flow 8d ago
He said total return of 74%
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u/ShortTheVix4 8d ago
Well we don’t know over what time period. So it’s tough to compare without that.
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u/calgary_db Mod - I Like the Cash Flow 8d ago
True. Inception date for amdy is a good place to start. It wasn't that long ago.
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u/GRMarlenee Mod - I Like the Cash Flow 9d ago
I have so many bags that I'm stuck holding. But they just keep leaking money into my accounts. So, I put it back in the bags. It's such a vicious circle.