Sep. 2 at 4:33 AM
ETFs that have declining NAV is a waste of time. it's better to put $ into ETF that pays weekly and with growing NAV than a declining one because once you stop dripping your weekly yield goes weaker and weaker from
$2000 week to
$1500 down to
$1000 then
$500 and lower on a declining NAV. This is why it's better to use $ on an ETF with growing NAV that pays well weekly. these yield traps be crazy. This is why i prefer roundhill's ETF than Yield Max or Yield Boost
$TSLW and
$PLTW, I'm also watching
$NVYY, but every other ETF created by YieldMax and Yield boost are all yield traps based off my calculations. I mean if you don't mind a lower amount of weekly pays over time once you stop dripping then by my guest, but i prefer to yield a healthy weekly income rather than it declining in my weekly yield. it's crazy how these can get you
$2000/week in 1 month then 3-4-5+ months down they only give you
$200-1000/week due NAV decay. If you guys think you'll yield the same then you're wrong