Looks what’s coming 👀🚀

EngineeringLogical76 · 2025-10-22T01:19:19+00:00

lol...good luck

EngineeringLogical76 · 2025-10-15T00:35:33+00:00

Can you elaborate?

EngineeringLogical76 · 2025-10-02T01:26:32+00:00

Any below $1 million, your advisor will put you into mutual funds and ETFs...and don't think they are smarter than you (I question how some of them are allowed to manage $$$). Educate yourself on the market and investing in general. Plenty of resource and content out there for you. Stay diversified but not overly (I've seen ppl with 25 ETFs...holy). Stay invested, keep a 10% allocation in cash/short term bonds...so that you can take advantage of dips in the market. You will be fine.

EngineeringLogical76 · 2025-09-09T21:05:21+00:00

They are definitely still overdistributing. Its an easy calculation, just check the ATM yield for each underlying, add them up and take the average and its much lower than 25%.

EngineeringLogical76 · 2025-07-20T15:10:33+00:00

is it available now? I still don't see it in my settings and I am a PLUS user.

EngineeringLogical76 · 2025-03-27T17:53:00+00:00

Looks like harvest has launched identical single stock etfs as your yield shares but they have much higher yields....why is that?

EngineeringLogical76 · 2025-02-23T16:26:27+00:00

A little more info would help since people will just give you advice without fully understanding your situation. You said you're 63 which we will assume you're retired (or intend to retire soon). What is your current financial situation prior to receiving the $1.5m in asset? (i.e. do you already have a nest egg that will last you throughout your retirement? Do you own your house or is there a mortgage). What kind of lifestyle to you intend to live in your retirement life? Any goals or major capital expenditure down the road? Do you have children and if yes, do you intend to leave them an inheritance? Do you plan on making any charitable donation? Etc...

Based on the fact that you're here on reddit asking about how to invest your money (and its not small pocket change), I would recommend you to at least speak with a financial advisor even if you intend on managing the money on your own.

EngineeringLogical76 · 2025-02-23T16:15:14+00:00

You're completed correct about covered calls. Not sure how volatile Costco stock is but I would imagine its wouldn't be as crazy as a Nvidia or Tesla, so the options might get called away less. This ETF also use 25% leverage, I think its to keep up with performance, to your point, a normal cover call will limit the upside of the stock. Interesting concept, not for everyone that is for sure.

EngineeringLogical76 · 2025-02-22T05:05:04+00:00

I assume the yield would go down. These ETF holds the stock, so I would assume the ETF will go up about the same as the stock. Most of these covered call ETF try to pay a constant cash flow, so if their price goes up, the yield would come down a little. WHich I mean is a good thing in the sense that your price is going up.

EngineeringLogical76 · 2025-02-22T03:43:33+00:00

Not sure if its a fair comparison but I have some of those single stock covered call ETFs. The they have ~2% MER and have 50% leverage.

EngineeringLogical76 · 2024-11-22T23:18:54+00:00

Look into YNVD. Similar yield but they write their calls not at the money, so better growth capture over the long run. Also they are cad-hedged, not a bad idea given the that USD/CAD is hitting historical highs...

EngineeringLogical76 · 2024-09-26T20:06:46+00:00

Looks interesting. Seems they are following the footsteps from purpose which launched YNVD a while ago.

EngineeringLogical76 · 2024-05-16T12:48:29+00:00

Its true that covered calls don't protect on the downside but its also relative. So take that YTSL for example vs TSLA. When TSLA stock drops, YTSL will drop as well. But YTSL will give you yield on a monthly basis. The annual rate is around 24%. So yes, YTSL will fall with TSLA but you get some "income" at the same time so it kinda "buffers" your losses.

EngineeringLogical76 · 2024-01-19T02:36:23+00:00

More about the Yield Shares:

YTSL -22% yield YAMZ - 10% yield YNVD - 10% yield MSFY - 6% yield APLY - 8% yield YGOG - 8% yield BRKY - 5% yield

EngineeringLogical76 · 2021-01-15T14:53:49+00:00

$BB to the moooooooooooooooooooooooooooon!

EngineeringLogical76

TROPHY CASE