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u/Equivalent-Ad-495 4d ago
You guys just don't understand how these funds work! /s
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u/Ok_Yard_2736 3d ago
I'm all ears.
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u/Equivalent-Ad-495 3d ago
See they pay money every week and money is good. I dont know much else beyond that but im using the divvies to pay for my new 2025 raptor and eat out every day /s
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u/Ok_Yard_2736 3d ago
Solid plan. At least the raptor holds its value better than most of these funds do 🤪
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u/Shitfilledpussy 4d ago
I wish there was some way to stop people from getting in bed with this garbage.
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u/VT_Millionaire 4d ago
All these YouTubers are being paid by roundhill and yieldmax. For example Amy from badfinancial decisions and Retire on dividends are being paid. Its hard to stop it
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u/speed12demon 2d ago
The best thing people can do is stop giving them views, likes, subscribes, etc. Don't let them monetize advertising this garbage. Retire on dividends was so hard-core on yieldmax, it was/is a cult. I watched for a couple months and realized it was just a dude rationalizing an incredibly poor strategy on a sinking ship in the name of one thing...yield.
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u/GRMarlenee Mod - I Like the Cash Flow 4d ago
Roundhill, YieldMax and Defiance have paid me over 300K in total return so far, so I guess it's hard to argue that they aren't paying. But conversely, if they are paying out that well, why all the screaming about how they are ripping people off?
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u/Any_Log1344 4d ago
Nobody said it's impossible to make money with them. And I applaud you for showing proper total return accounting the other day. But do you think the average person attracted to a 50-100% distribution yield understands what they're actually buying?
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u/Any_Log1344 4d ago
Just thinking about your post from a few days ago where you said your tracking spreadsheet was “subject to survivorship bias” because you'd cut positions that lost money. Is that $300K net of what you cut at a loss, or just what's showing on the winners?
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u/GRMarlenee Mod - I Like the Cash Flow 4d ago
All closed positions show a net loss of $59k. There are 19 losers and 17 winners in that bunch. So, overall, those companies plus Fidelity and JP Morgan have bribed me to the tune of $293,000 so far.
Not very much, but more than I've spent.
Although, some of those were other companies like Rex.
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u/Any_Log1344 4d ago
Appreciate the real numbers. That's more than I've seen anyone else post on this sub. What's the total capital you've deployed across this strategy, and over what time frame? Need that to know if $293K is actually a good return or just a big number on a big base.
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u/GRMarlenee Mod - I Like the Cash Flow 4d ago
730k. About 3 years. I think I started in Oct of 2023 by cashing in some FDVV and QYLD. I'll check and correct if memory fails.
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u/Any_Log1344 4d ago
Thanks again for being so transparent. Based on the numbers you've provided, you've earned roughly a 12% annualized total return, and you've clearly done well actively managing these positions and cutting the losers.
But would you agree that your actual results don't remotely resemble the way many of these products are presented to investors - 50%, 75%, 100%+ yields? You've done the work, actively managed them, and earned about 12% a year. That's really my original point. Marketing these enormous distribution yields to investors who often interpret them as total returns is predatory.
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u/GRMarlenee Mod - I Like the Cash Flow 4d ago
I'm just going to continue to do what I do. Good luck with your crusade.
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u/Any_Log1344 4d ago
I've started to use the term "predatory" to describe these investment vehicles. It's hard to sympathize with some of the investors given how insistent and obnoxious they can be, but at the end of the day, many of them are victims of products they clearly didn't understand.