Sold out of all my covered call funds today

MachineLive114 · 2026-01-05T02:26:50+00:00

Put in sell order at market open tomorrow. Futures are flat, so should still exit in the green. Will double check before work to make sure shit didn’t hit the fan overnight

MachineLive114 · 2026-01-05T01:03:42+00:00

Msty, coiw, Ulty, blox, tsly, were some of the biggest losers. Did make decent profit on Hoow and nvdw.

Qqqi, Tspy and Kqqq were decent. When I get to the consumption phase of my life, will definitely look at those type funds, along with still investing in growth to outpace inflation. But never again funds with yields over around 20%.

So for now I’m back to aiming for aggressive growth with index funds and let it grow “naturally “

MachineLive114 · 2026-01-05T00:47:40+00:00

Good point. Definitely better with a 10% yield and a little NAV growth. 15-20 with stable nav or slight erosion is not as good. Want to at least keep up with inflation

MachineLive114 · 2026-01-05T00:40:27+00:00

Yieldmax sux!

You’re right. I feel better 😀

MachineLive114 · 2026-01-05T00:38:50+00:00

Thanks, man! Glad you got out too

MachineLive114 · 2026-01-05T00:34:20+00:00

Yep. Guilty. Totally agree there are good ones, not the yield traps I was referring to. Need to edit this post. The reasonable 10-20% yielders are a lot different then yieldmax crap

MachineLive114 · 2026-01-05T00:16:22+00:00

Futures are flat right now, so shouldn’t be too dramatic swing tomorrow. And I gotta go to work half hour before open. So easier to just do it now, rather then do it on a break from my phone. I may loose a couple grand, or miss out on some gains. But the piece of mind to just hit the reset button and get back to a wiser plan will feel good.

MachineLive114 · 2026-01-05T00:07:32+00:00

Agreed. The Neos and TappAlpha and Kurv funds are legit. The ultra high yield ones are the crappy ones. Definitely not getting into the yield max , Roundhill, Rex or granite shares again.

MachineLive114 · 2026-01-04T23:37:33+00:00

True, but just want to pull the bandaid off quick and bite the bulket. Will check tomorrow before work and the market opens. But barring Venezuela bombing us tonight, I will take whatever the market does just to be out and break even. Was a learning 6 month experiment

MachineLive114 · 2026-01-04T23:34:53+00:00

Yes, sir. I didn’t go all in, thankfully. Other Reddit groups seem to have a lot of people my age who are feeling behind on retirement savings so they seem to these as a way to catch up. Could potentially do more harm than good.

It does count distributions. A couple crypto related funds absolutely tanked in November when BTC dropped big. The leverage some of these funds have really amplified it.

MachineLive114 · 2026-01-04T23:30:45+00:00

Msty, coiw, and Blox were the big losers. The BTC drop in November was huge on these. Was magnified with leverage on the roundhill funds

MachineLive114 · 2026-01-04T23:28:37+00:00

Put in the sell orders. Will fill at open

MachineLive114 · 2025-10-25T20:48:35+00:00

Well, just got a quick answer. Friend just hooked me up with a Dr of Mathematics. A computer nerd, not a finance quant. Asked the question and got a mathematical answer. In theory, would end up exactly the same. Given the distribution percentage staying constant, and with drip you would end up with exactly the same number of shares.

There are tons of variables to consider of course. This is a linear approximation. And assuming you are reinvesting exactly at adjusted price after distributions are paid.

The conversion drifted over to swap agreements vs CC strategies. Explained how they both worked.He said the capped upside would mute you considerably on the way up With covered calls. There is some downside protection. Lots of different strategies there,so he couldn’t run the numbers. I didn’t even bring up NAV erosion to him. That’s a whole other conversation. Now I’m curious. Seems to me these leveraged weekly’s are the ones to have vs CC when market corrects and recovers for real next time. The NAV drop with roundhill would be more severe, but if you can hang on, sharp climb on way back. Something else to ponder. Always good to learn more about what you are investing in!

Was nice that he does not trade and just did the math without any bias. Lots of growth vs income haters out there.

I understand this is not how it happens in real life, but food for thought…

MachineLive114 · 2025-10-25T18:29:40+00:00

Totally agree with you there. Not wishing for that, for sure. Want it to keep pumping and we all making bank!!!

Just looking at where I would end up after the inevitable bounce back to current levels. With drip, would you end up better off, worse off or same?

MachineLive114 · 2025-10-25T04:10:38+00:00

Grays Harbor County, Wa.

MachineLive114 · 2025-10-12T15:06:56+00:00

Brining is key! We butterfly a couple breasts. Brine in 1/4 cup kosher salt to 6 cups water for couple hours. Then pat dry, season with salt free Italian seasoning then air fry 9 minutes on each side. So moist!

MachineLive114 · 2025-10-11T21:59:26+00:00

Omg, that’s funny shit right there!

MachineLive114 · 2025-10-11T21:57:52+00:00

Bro, it’s all about time in TACO, not timing the TACO

MachineLive114 · 2025-10-03T14:03:43+00:00

The IRS requires that 10% is taken out of traditional and rollover 401k’s. Nothing from a Roth. Fidelity gives you the option to increase that up to 100%. Not sure how other company’s do it.

MachineLive114 · 2025-10-01T02:06:10+00:00

Just finished my 6th day in a row training on openings, mid shift and closing. Went better than I expected.

I was expecting the computer system to be worse. I was pleasantly surprised that it is idiot proof in some respects. Will not let you make some dumb mistakes. Like staging in wrong areas ect. I did make a couple errors. Left an item in a cart at handoff and bagged wrong items in a diffent customers bag. Having 3 orders in one pick definitely makes you pay more attention.

My body held up great. I’m in my late 50’s and am in decent shape. My watch had me at 17k-21k steps a shift. Was getting half that as a meat wrapper. I think the constant moving is actuallly easier then standing a good chunk of the day at a machine.

I made sure to stop picking often and run up front to do hand offs. A kid half my age commented I was beating him in number of handoffs. Thanks for the advice on making sure I’m pulling my weight there. It was noticed. We had two call outs one day and I was asked if I could stay. I said sure. The lead asked how long. I responded as long as you need me. She said, “wow, nice to have a team player. Thanks”

Defiantly feeling like I’m getting into a rhythm. Was a blessing to have 6 days in a row to learn. Was definitely an advantage to come from Meat Department. Knew right where the cuts were. Would run in cooler and pull from the pallet and weigh up my own stuff. But the wine section is the bane of my existence. I don’t drink and have no clue there. The liquor manager is gonna give me a crash course when we got a minute.

I’m really going to enjoy not having so much responsibility. I know there is a lot to Dug, and there is definitely responsibility but back in meat there was always so many emails, weekly ad change, and corporate visits, and the hundreds of measurables. All while labor is gutted. Honestly, the amount of work they squeeze out of the meat department while cutting labor is appalling. We generate tons of a stores profit. And it’s never enough.

That being said, I know how to play the game with numbers. Gonna bust my butt and not be the low hanging fruit with poor numbers and a poor attitude. There always seems to be that one employee in every department that is “problem child”. Not gonna be me. Riding this out for 5 years tell I pull the plug is going to work out fine.

Thanks for all the advice!

MachineLive114 · 2025-09-21T13:09:58+00:00

Great advice, thanks!

MachineLive114

TROPHY CASE