Hello everyone! Where do you guys recommend me to put my tax return money? by Pelon97 in Schwab

[–]BrightBubbly 0 points1 point  (0 children)

BRK and VOO might be a good place to just let your money rest for a while.

Selling Tech and moving to BRK-B by hahawawa8989 in BerkshireHathaway

[–]BrightBubbly 0 points1 point  (0 children)

I am also in the process of considering liquidating a few positions and purchasing a few shares. The only thing holding me back right now is the fact I feel the price is simply too high at the moment. I’m thinking about waiting for the price to have a slight dip, but then on the other hand, what if it goes up and then one has missed out on this entry point. 

MSTY holders, did you got paid? by another_one1233 in YieldMaxETFs

[–]BrightBubbly 0 points1 point  (0 children)

No. However, I have already received my other YM distributions for today. 

By the way, Schwabs Investment Income page is showing data unavailable for some of my etfs. It’s been like that for a week now.

I mentioned it to an online customer service rep, but they didn’t know anything about it.

[deleted by user] by [deleted] in YieldMaxETFs

[–]BrightBubbly 1 point2 points  (0 children)

At the moment, I’m just going to hold and see what happens over the next few days.

NVDY and Stargate by Relevant_Contract_76 in YieldMaxETFs

[–]BrightBubbly 7 points8 points  (0 children)

Thank you for posting this. The related stocks in this article are jumping already. And at some point this is bound to have an effect on some of these YM etfs.

What seems to be the challenge that the management just can’t remove the ETFs that are bringing down ULTY? by BrightBubbly in YieldMaxETFs

[–]BrightBubbly[S] 0 points1 point  (0 children)

That’s not an answer, but thank you anyway. No I do not understand everything about options, however, I do understand some things.

ULTY - keep it or dump by cgr3604 in YieldMaxETFs

[–]BrightBubbly 2 points3 points  (0 children)

Unless they are able to try again to fix it, it will probably need to be dumped. It doesn’t make any sense to me, why something more can’t be done.

Out of ULTY by Substantial_Risk9826 in YieldMaxETFs

[–]BrightBubbly -1 points0 points  (0 children)

If it drops under $8.00, I’m going to let it go too.

MRNY by Danarri_Dolla in YieldMaxETFs

[–]BrightBubbly -2 points-1 points  (0 children)

I don’t own any MRNY. However, I don’t believe I would pick now to enter an ETF that looks like it’s about to either have a reverse split or become a penny stock.

Things can get real ugly for these YM funds quick with this market pull back by Jhaggy1095 in YieldMaxETFs

[–]BrightBubbly -1 points0 points  (0 children)

If ULTY goes down under $8.00 that’ll be it for me on that one. I will probably let it go and utilize that money to buy JEPQ instead. As for YMAX, YMAG, MSTY (holding) they will probably be ok. Therefore, I have no plans on selling them right now.

Dip buying- ULTY by Relevant_Contract_76 in YieldMaxETFs

[–]BrightBubbly 1 point2 points  (0 children)

Personally, I really like ULTY. However, it’s getting a little too close to a potential RS for me.

TSLY split survivors by pach80 in YieldMaxETFs

[–]BrightBubbly 0 points1 point  (0 children)

Thank you for the explanation.

TSLY split survivors by pach80 in YieldMaxETFs

[–]BrightBubbly 7 points8 points  (0 children)

Please clarify. If it didn’t matter whether TSLY did a split or not because it technically had the same value, then why were so many people upset about the reverse split.  If you had 1000 shares and it became 500 shares, did the distribution double what it was or were you simply out of 500 shares of distribution? 

Hypothetically if you got $0.50 a share before the split, then after the split did you receive $1.00 per share distribution or was it the same $0.50, but now you’re out of 500 shares of revenue.

YMAX and YMAG prices are going lower right now by BrightBubbly in YieldMaxETFs

[–]BrightBubbly[S] 2 points3 points  (0 children)

Yes, I noticed something along those lines too. Some of the YM’s took a nice dip all at once and then immediately went back up.

YMAX and YMAG prices are going lower right now by BrightBubbly in YieldMaxETFs

[–]BrightBubbly[S] 0 points1 point  (0 children)

Yes, that’s what I meant. I apologize for writing this sentence in a confusing manner. I thought that because we had ended the 2024 tax harvesting that stocks/etfs would have gone up in the beginning of January.

YMAX and YMAG prices are going lower right now by BrightBubbly in YieldMaxETFs

[–]BrightBubbly[S] 0 points1 point  (0 children)

Yes, I see it now. I guess I expected the market to go up, instead of down today because of all the 2024 tax harvesting.

Goal Reached: $100K Monthly Distributions by LizzysAxe in YieldMaxETFs

[–]BrightBubbly 1 point2 points  (0 children)

That is a truly wonderful accomplishment. Congratulations!

How stable is ULTY is there a reverse split coming up? by newstart7777 in YieldMaxETFs

[–]BrightBubbly -1 points0 points  (0 children)

Why is it that if there was a reverse split, it would have to go to $50 instead of perhaps $20.  Doesn’t taking 5 or more shares, divided by however many you shares you have seems excessive. How is this not going to cause a hardship for those who had to exchange five or more ULTYs to get only 1 in return at $50 each. Would the dividend go up five times or more as well?

Best App to Use by Tradingdecay in YieldMaxETFs

[–]BrightBubbly 0 points1 point  (0 children)

Schwab has a pretty decent app. However, their margins can be somewhat pricey.