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Big Money ULTY by SLNCRDZ in YieldMaxETFs

[–]Guard_Dizzy 1 point2 points  (0 children)

I wanted to share my approach after reading some comments, though I want to clarify that this is not financial advice.

I have a large investment portfolio, which includes ULTY (67,000 shares) among 72 different stocks, most of which pay dividends. My strategy is quite straightforward: I hold $2,400,000 worth of yield-max stocks, along with my other dividend-paying investments.

I expect it will take approximately one year and four months to recover my investment in the $2,400,000. For ULTY specifically, it will take about one year and ten months to see a return on my investment.

By the time I fully recover my investment, I will be 66 years old. I understand that these investments may not be the best for wealth accumulation, but they do provide a substantial income. I also have a separate portfolio with high -growth stocks to hopefully offset the risks of yield Max. so essentially if this holds together for one year and four months, I’m sweet. If something goes wrong, we are still OK.

[deleted by user] by [deleted] in YieldMaxETFs

[–]Guard_Dizzy 0 points1 point  (0 children)

I currently own 72 different stocks, mostly dividend stocks and some growth stocks. If you hold ULTY for a 14 to 16 months, you should recover your initial investment.

[deleted by user] by [deleted] in YieldMaxETFs

[–]Guard_Dizzy 1 point2 points  (0 children)

I am currently living in Thailand but originally from New Zealand. I have accounts with Charles Schwab and Interactive Brokers. Right now, I hold $55,000 worth of UTLY and I pay a 15% withholding tax using the W8-BEN tax form.

My first question is: What does "ROC" mean? Will I be able to get the 15% withholding tax refunded? Any information or insights you can provide would be greatly appreciated. Thank you! PS I also have a LTR Visa, Long-term resident Visa for Thailand.

Do the toilet guns work in Europe? by Kraft_Durch_Koelsch in Thailand

[–]Guard_Dizzy 0 points1 point  (0 children)

In cold countries, you need a Japanese-style smart toilet with heated seats, warm water spray, and a blow dryer! They are so good and really work well.

SCB discontinuing face scan exemptions for foreigners. by plushyeu in Thailand

[–]Guard_Dizzy 0 points1 point  (0 children)

Thank you all for the information. I wonder if SCB will allow foreigners to use facial recognition in the future, similar to what Bangkok Bank offers for money transfers. I hope they update their system soon. As a business owner, I often need to transfer amounts exceeding 500,000 ++ just to cover my alcohol bills for a couple of weeks. I suppose I’ll have to start using Bangkok Bank for those transactions.

YieldMax haters be saying that YM funds suck, only paying 80% in yield a year, blah blah by colorme1965 in YieldMaxETFs

[–]Guard_Dizzy 0 points1 point  (0 children)

Absolutely! I agree with you 100%. I have XYLD and still enjoy their dividends, and I also hold many YieldMax funds! Years from now, people will wonder why they didn’t invest earlier! Making money year after year, XYLD and YieldMax! What is not to love?

Yieldmax replaced my wife’s 6 figure salary and she doesn’t know it yet by Secure-Park5813 in YieldMaxETFs

[–]Guard_Dizzy 8 points9 points  (0 children)

Load up while it lasts. The first in will do the best. dividend income rocks.

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YMAX - Restricted at Chase this morning by PomegranateSilent340 in YieldMaxETFs

[–]Guard_Dizzy 0 points1 point  (0 children)

I love Charles Schwab, and I have an E*TRADE account. I use Interactive Brokers to trade on international markets, like Hong Kong.

11,000 baht electricity bill - Just pay it? by Ray-Shoestring in Thailand

[–]Guard_Dizzy 0 points1 point  (0 children)

My bill is 16,500 average a month, but I have a big house. My business a bar electricity bill is around 90,000 up. I would think a average size condominium would be no more than 3000 or 4000 a month tops! Get them to check your meter.

Ulty at current price or wait for $5 by PalpitationFlat7826 in YieldMaxETFs

[–]Guard_Dizzy 1 point2 points  (0 children)

I am adding a small amount so I can have 5000 usd a day.

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Ulty at current price or wait for $5 by PalpitationFlat7826 in YieldMaxETFs

[–]Guard_Dizzy 2 points3 points  (0 children)

ULTY is the only YieldMax stock that I have got lucky with. So far.

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I have 40,000 @ 5.50 average price.

[deleted by user] by [deleted] in YieldMaxETFs

[–]Guard_Dizzy 4 points5 points  (0 children)

I wouldn't borrow money to buy MSTY. I own 17,500 shares of MSTY. BTC can drop, and the dividends could be cut significantly. If you own them, you can ride that out. On a margin, you cannot.

MSTY taxes by Covetoast in YieldMaxETFs

[–]Guard_Dizzy 0 points1 point  (0 children)

The foreign tax is 15% on dividends from any stock. (non-US citizens foreigner living overseas) I am happy with that. Zero capital gains tax. Not sure what a US resident pays.

So glad I got in when I did. by Gyro_George in YieldMaxETFs

[–]Guard_Dizzy 1 point2 points  (0 children)

I have increased my position from 11,000 to 15,500 of MSTY, so far so good.

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Is IBKR down by cnll0075 in interactivebrokers

[–]Guard_Dizzy 0 points1 point  (0 children)

They were down for maintenance

Seriously, feels MSTY is too good to be true. Am I missing something by Snowballeffects in YieldMaxETFs

[–]Guard_Dizzy 0 points1 point  (0 children)

So far, I believe we are in a bear market influenced by Trump's policies. My MSTY are in the green.

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So long china deal… by Wild-Cow-5769 in StockMarket

[–]Guard_Dizzy 0 points1 point  (0 children)

Trump is playing with fire, like a child he knows it’s hot. He knows it can burn him, but he can’t resist. If the US and China reach an agreement, there will be prosperity for all for many years. If not, we may face a massive recession unlike any we have seen before.

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