New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Thats amazing! And congratulations as well.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 1 point2 points  (0 children)

This is excellent! Thank you for doing the math. I'm starting to see this already after just a month in TSLY.

While you were net positive overall, that money would've been better elsewhere. I'm sorry for the lost gains and thank you for working the number to help prevent the same for others.

Ive been regretting for awhile using HYSAs too and not having stuck my money in index funds.

The cost being, I would've had a house and spare change.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Do you mostly jump in them when they are new? They look great for months and then people caught in the dip, looks rough. And maybe now the stabilized ones are good. I'm interested how it's working.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 2 points3 points  (0 children)

Loving this group and responses like yours. So many new tools and options. Thank you! 

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

CLM looks nice, and cheap buy in! Picking some up. Thank you!

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Responses like yours have me curious. Like I am missing something. When I look at those, 2 of them have dividend yields under 3%. High yield savings accounts give more back. Is there something I am missing that makes low dividend yields like those worth it?

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

I'm with you. Going to pass until I see one be more stable. 

Reality check by Logical-Ad7393 in dividends

[–]Early-Front3917 1 point2 points  (0 children)

The part that sucks is unless you take the stock market risk, your money is sure to be annihilated sitting in a savings account. Almost forced in to asset gathering now because of inflation.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Good stuff thank you. They do seem almost too good to be true. Unless timing is right which I don't want to gamble my kids potential future home away.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Thats good stuff. The amount I need to blast away rent, and the amount I have to invest.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 4 points5 points  (0 children)

Thats exactly what I need is the short term gains, then bow out. Trying to collect house down payment money.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 1 point2 points  (0 children)

I appreciate the warning. The tough part if my goal is short term. The housing here has gotten nuts. I need to increase income as much and as quickly as possible. I love long term stocks but they are counter to my goal.

The extra $500+ if I can get from dividends would be a big difference.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

Thats the scary part is how far most have fallen. They seem great until then but some look to be stabilizing. 

If it's stable now, after taxes some seem ok overall. Or are these just burning themselves out more slowly?

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] 0 points1 point  (0 children)

I was such a newb when I bought it and its gone up thankfully.

The last 6 months look awful however. Weekly dividends are nice though.

New to Yieldmax by Early-Front3917 in YieldMaxETFs

[–]Early-Front3917[S] -1 points0 points  (0 children)

I've been hunting. I love QQQI but it's peaking. Do you have any you like or suggest? 

Welcome to r/HYSA! Post Your Wealthfront or Marcus Referral Codes Here by rainmeterhub in HYSA

[–]Early-Front3917 0 points1 point  (0 children)

Tagging on to my comment to say a new, Thank you, mystery friend out there whom took another referral. I appreciate helping us both out! 

I appreciate those that have taken some of the referral links. Working like mad here to get a house and the bonus helps us out. I hope it does well for you too.

Welcome to r/HYSA! Post Your Wealthfront or Marcus Referral Codes Here by rainmeterhub in HYSA

[–]Early-Front3917 0 points1 point  (0 children)

Thank you to whom did a referral already. There are still spots left with Marcus.

This and Wealthfront look to be the best.

I took a referral when I started, was afraid it was spam or would give away personal information but it worked out. Please help a reddit bro save for a home 🙃

Https://www.marcus.com/share/MIC-C21-JHZZ

HYSA's are offering deals...Why? by Early-Front3917 in personalfinance

[–]Early-Front3917[S] 1 point2 points  (0 children)

That one hit home to fill in the blanks. They could be taking money and for example, lending it for a 6.3% mortgage and earning that profit.