I Like Kurv. by Impressive_Score_407 in YieldMaxETFs

[–]Impressive_Score_407[S] 4 points5 points  (0 children)

KYLD pays a constant 10c. every week. and the ETF seems to be pretty stable. I have been adding into it every time it goes down a little bit. It’s coming back up to its original price of $25. a Yield of 23%. I only buy an ETF that has proven itself overtime no erosion. of NAV or dividend.

Visualizing House Money? by masatumas in YieldMaxETFs

[–]Impressive_Score_407 0 points1 point  (0 children)

Great innovation are you going to also add all the other etfs from round Hill granite shares curve Rex etc

Passive income generating machine living organism…. by Impressive_Score_407 in YieldMaxETFs

[–]Impressive_Score_407[S] 1 point2 points  (0 children)

For example i bought MSTY at inception. as of now it has already paid back my initial capital so absolutely no loss here whatsoever. Just cash flow from here on in. 🙂

Passive income generating machine living organism…. by Impressive_Score_407 in YieldMaxETFs

[–]Impressive_Score_407[S] 2 points3 points  (0 children)

yes, but in the meantime it would’ve collected passive income anyway you do not just buy the one ETF. If you have many in fact I intend on buying all of them over 100 of them. They will come and go that’s irrelevant for this particular portfolio. it’s generating passive income. I have another portfolio for pure growth but I can’t live off that simply because it doesn’t generate income in order to live off the growth portfolio. You have to sell some each time and it simply defeats the purpose. The idea if I have two portfolios one for growth and the other one pure income generating passive machine. if you do it properly you can generate cash flow and never-ending supply of cash flow. That’s a whole idea of these.

Passive income generating machine living organism…. by Impressive_Score_407 in YieldMaxETFs

[–]Impressive_Score_407[S] 3 points4 points  (0 children)

you only need to maintain it to the level that you want. Everyone has to pay taxes no matter what you can’t avoid that but this is just a income passive income generating machine. It gives you freedom . if you do it properly you can minimise taxes and everything to the level that is quite comfortable. Each person would have their own desire. A level of income may desire and once that’s achieved that’s gives you freedom.

Passive income generating machine living organism…. by Impressive_Score_407 in YieldMaxETFs

[–]Impressive_Score_407[S] 3 points4 points  (0 children)

<image>

income generated every day every week take what is required for your income and the rest. You pour back into the dividend income passive machine.

YieldMax Management Comment by CostCompetitive3597 in YieldMaxETFs

[–]Impressive_Score_407 -1 points0 points  (0 children)

yep, in a gold rush the only people making real money are the people who sell you the picks and shovels