28x14:26YIELDMAX - MSTY! I bought shares but am I making anything? How does NAV affect me?
113 views · 1 year ago
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@coveredcalletfinvesting · 11,000 subscribers · Financial Markets
Here at Legendary Solutions, I provide detailed information about the YieldMax ETFs. I provide the distribution announcements and I also show the graphs of each to show how well each of the YieldMax ETFs are doing and by doing so I will also show if they are profitable or not. The NAV erosion is a real thing with these high yield ETFs and is something to be understood. Cause in a typical stock chart, it will look like the ETF is doing nothing but going up AND it is paying a fat dividend on top of that. One look at that and you would think, this is a win-win situation. BUT, since the graph/charts get adjusted due to the NAV, then that shift in the graph can be very misleading to the first time investor. So check out my videos were I will try to help you better understand how these high yield ETFs actually work so you can determine if they are profitable. I also touch a little on my swing trades as well. So, I think you can find something on my channel that would interest you!
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