It's been about a year since I posted about Yieldmax ETF's.
Over the past 3-4 months the market has been doing well, so the fund price has been stable and investors are going ga ga over the distributions.
Since have even taken HELOC on the house or used leverage to buy YM funds, claiming that they can retire on the distribution. They believe YM has implemented new strategy that will prevent NAV erosion. But if you listen to YM executive interview, those new strategies have yet been implemented and are intended to address new law changes in 2026.
The executives from YM have also warned investors NOT to HELOC their homes to buy YM funds. As the fund drops in price so will the distributions. But many investors aren't listening (see r/yieldmax) and going out WSB/YOLO style.
I do own some YM ETF's with stop loss. QQQI/SPYI might be a somewhat safer bet than YM ETF's for dividend income.
