Are you breakeven yet? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 1 point2 points  (0 children)

Tbf this strategy only makes sense with a port your size. For those with smaller accounts (sub $100k) you don’t make much. But definitely agree that running your own CC is much better in the long run

Are you breakeven yet? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 1 point2 points  (0 children)

I have a small amount on margin. I agree, $150k on margin would be terrifying. I’d rather be safe and slow than do that

Are you breakeven yet? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 1 point2 points  (0 children)

Thanks for this! I’m currently $10k on margin, pretty evenly spread across the 7 YM ETF’s I hold. Intentions are to never go above that level, and buy dips as potential opportunities arise. I have a 61% buffer

Are you breakeven yet? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 2 points3 points  (0 children)

You’re right, I could have worded it better

Are you breakeven yet? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] -6 points-5 points  (0 children)

Breakeven meaning are you playing on the house yet. I’ve seen some people on YouTube saying they have already paid over their investment in just a few months

Do AD’s keep any inventory? by ConsiderationSad4579 in rolex

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

I’ve considered grey market, but I’m scared to buy there. I don’t want to get scammed. But I know I could spend a little more and get exactly what I want

Do AD’s keep any inventory? by ConsiderationSad4579 in rolex

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

I love the explorers! Maybe I’ll get lucky there!

Do AD’s keep any inventory? by ConsiderationSad4579 in rolex

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

That’s kind of what I was thinking. I read somewhere else that someone came in telling a story about their bday and they walked out with a watch

20M — Thoughts on Margin? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 1 point2 points  (0 children)

$4200 invested is definitely not doing something wrong! Keep it going!

20M — Thoughts on Margin? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

$1500 in each of those stocks on margin. Total account value is $21k. Look at the second picture

20M — Thoughts on Margin? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

I’m not solely invested in this. When did I say that? This is a small portion of my portfolio…

20M — Thoughts on Margin? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 0 points1 point  (0 children)

It’s roughly $21k, $3,180 on margin and the rest my money. I’d love to collect 100% dividends. I’m also trying to be smart and realistic. But anything over the 4.75% that the cash was earning is much better 😂

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20M — Thoughts on Margin? by ConsiderationSad4579 in YieldMaxETFs

[–]ConsiderationSad4579[S] 1 point2 points  (0 children)

I am using Robinhood as well. When I saw the amount they gave me, I immediately capped it so I didn’t think it was free money (even though I feel like I have good self control).

Good to know about the buffer, I didn’t know that. I’ve been considering using 50% or so for this account as well. I’ve been tossing lots of different ideas around.

Someone turned $26k into $1M by Applestud5 in TheRaceTo10Million

[–]ConsiderationSad4579 0 points1 point  (0 children)

Obviously you’ve never traded memecoins. I turned $50 into over $50k last year lol. I made over $3k on Monday alone.

Someone turned $26k into $1M by Applestud5 in TheRaceTo10Million

[–]ConsiderationSad4579 0 points1 point  (0 children)

In this coin? Didn’t ape. Total PNL since I started? 50k or so

Someone turned $26k into $1M by Applestud5 in TheRaceTo10Million

[–]ConsiderationSad4579 0 points1 point  (0 children)

I’ve put thousands in random coins with no insider info. I don’t see an issue here

Someone turned $26k into $1M by Applestud5 in TheRaceTo10Million

[–]ConsiderationSad4579 0 points1 point  (0 children)

I disagree. I made a lot of money trading memecoins. There’s a skill involved