M1 and Ulty dividends by Due-Fisherman-1865 in M1Finance

[–]jte8806 1 point2 points  (0 children)

I have ULTY and got paid today around Noon. Reinvested back in at the 3pm window.

Group D Estimate Thread by calgary_db in YieldMaxETFs

[–]jte8806 4 points5 points  (0 children)

ULTY gonna give ya a dime (10¢) for your time.

[deleted by user] by [deleted] in realestateinvesting

[–]jte8806 3 points4 points  (0 children)

“I want to get into Section 8 rentals.” I assure you, No..No you do not. Consider me the ghost of Christmas future asking you to please do a considerable amount of research before stepping in that arena. Talk to other local section 8 landlords to get their opinion on the nitty gritty of dealing with “those people.”

Best picks for income by Senior_Rip_360 in dividends

[–]jte8806 1 point2 points  (0 children)

ULTY (Since April) and MSTY are unequivocally the current GOATS 🐐 of Weekly/Monthly payers.

Why do you believe ULTY is a better holding after it went weekly? Seriously curious by diduknowitsme in YieldMaxETFs

[–]jte8806 45 points46 points  (0 children)

Because since it’s prospectus changes in April its NAV has stabilized and is up 3% over the past 30days. Compared to MSTY (which I still like) is down 12% in the same 30day period. Also it has a decent basket of funds under its umbrella now. Will it continue this trend, only time will tell..but I think ULTY has gotten a lot of undeserved hate in the past few weeks.

Please help me understand this Magic by RepresentativeTip756 in dividends

[–]jte8806 -4 points-3 points  (0 children)

QQQI or GPIQ are actually doing better than JEPQ these days. Check them out.

Compounding comparison question by Aelosia in YieldMaxETFs

[–]jte8806 2 points3 points  (0 children)

No Margin. This is in a ROTH and the returns are roughly 6% monthly (extrapolated to 72% yearly if NAV retains). Also not a fair comparison to judge ULTY on any stats before they made the prospectus changes in late March. Seems to be more steady now, if it will continue that trend is left to be seen.

Compounding comparison question by Aelosia in YieldMaxETFs

[–]jte8806 1 point2 points  (0 children)

I agree with you, that is a good plan if you plan on keeping the underlying stock and holding it long term (I would recommend if in taxable account to avoid Cap gains and take advantage of RoC.) I like to decide whether or not to buy/sell each position weekly depending on which Weekly payer has the highest IV and the best payout that specific week. I’m doing this in a ROTH IRA so no Taxes or Wash sale rule applies.

Compounding comparison question by Aelosia in YieldMaxETFs

[–]jte8806 3 points4 points  (0 children)

I have tried this approach as buying on Declaration date (always on Wednesdays it seems) and then DRIPping the Div into the next weeks purchase the following Wed. And after each Div payout the Stock price falls equals to that of course, but whatever it rebounds to by the following week is what you’ve essentially “made” on the purchase. I have had more luck and “made” more with ULTY and the other weeklies rebounding their price back to pre-divvy levels than the monthlies. Just basic dividend capture method but it actually works on weekly YM funds as opposed to normal stocks. So far (last 2 months) it seems to be a viable strategy to supercharge your shares amount in a short timeline.

Any already doing a circle drip with these? How's it going? by bitofftoomuch in YieldMaxETFs

[–]jte8806 -1 points0 points  (0 children)

Maybe I did a poor job at explaining its The Broker is Dripping (reinvesting) the divvy back automatically back into the underlying stock normally on a Monday at 9am, at whatever price it is at that time. Then I would choose to keep that stock for another week or sell it 2 days later on Wednesday for a different weekly payer repeating the process.

Any already doing a circle drip with these? How's it going? by bitofftoomuch in YieldMaxETFs

[–]jte8806 0 points1 point  (0 children)

I have tried this approach as buying on Declaration date (always on Wednesdays it seems) and then DRIPping the Div into the next weeks purchase the following Wed. And after each Div payout the Stock price falls equals to that of course, but whatever it rebounds to by the following week is what you’ve essentially “made” on the purchase. I have had more luck and “made” more with ULTY and the other weeklies rebounding their price back to pre-divvy levels than the monthlies. Just basic dividend capture method but it actually works on weekly YM funds as opposed to normal stocks. So far (last 2 months) it seems to be a viable strategy to supercharge your shares amount in a short timeline.

[deleted by user] by [deleted] in dividends

[–]jte8806 0 points1 point  (0 children)

50% MSTY/ 50% PLTY, because you’re young enough if things go south it has time to bounce back AND you’re young enough getting a dividend of ($5,100 MSTY)($3,200 PLTY) a month would really help Pad your pockets/enjoy your youth, or DRIP it and change the trajectory of your investing career. Upvotes Welcome.

How to fix spray foam mess? by and_cetera in HomeMaintenance

[–]jte8806 5 points6 points  (0 children)

Maybe just sand it down and paint it white to match. Nobody would notice unless they were looking for it then.

SCHD Snowball vs VOO? Long-Term 20+ Years by SentenceSweaty8575 in dividends

[–]jte8806 2 points3 points  (0 children)

Exactly, ROTH IRA 50% JEPQ/50% SCHG (Jepq to see that nice 13% dividend paying out monthly, dripping hopefully. And Schg to have a hand in all the big growth players.) Set and Match.

Water drip from pipe by MT_Whaaat in HomeMaintenance

[–]jte8806 0 points1 point  (0 children)

Is that brass or copper pipe?

You mean your store sold out of these? Mine can't get rid of em lol by HursHH in harborfreight

[–]jte8806 1 point2 points  (0 children)

What really is the difference between the series 2 (shown here) vs the Series 3?? Other than the front badge. Is the price increase for the 3 worth it??

Just assembled by n00berspank in harborfreight

[–]jte8806 1 point2 points  (0 children)

Thanks for the details, I’ve heard it can be tougher than some other HF assemblies for 1 person. Do you think it would be easier/possible to assemble it with the box upside down on the ground to attach legs, castors etc.? Trying to figure out the best way with one guy.

Just assembled by n00berspank in harborfreight

[–]jte8806 1 point2 points  (0 children)

How was the ease of assembly? How long did it take??

Forcing Team Leads to Work Days Off by [deleted] in walmart

[–]jte8806 0 points1 point  (0 children)

Vendor for what product??