Why I Don’t Invest in YieldMax ETFs - Passing on Huge Dividends
Dividend Bull Dividend Bull
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 Published On May 27, 2024

My Portfolio:   / dividendbull  

When I first started my channel back in 2020, I had two main goals in mind. I wanted to analyze all of the major high yielding investment types that exist, since I’m primarily an income investor. But I also wanted to every now and then share my own journey as someone aiming to build up a massive income stream through dividends, which is likely what you’re in the process of doing. Throughout the years we’ve seen a lot of new investments launch that are designed to offer exceptionally high dividend yields, which is really encouraging for people like us.

But one of these new investment types that’s launched more recently are synthetic covered call funds. And this is a strategy that I’ve only seen utilized by YieldMax. These synthetic covered call funds offer the highest dividend yields out of anything you can find on any stock exchange. And often I’m asked by people, both here on YouTube as well as over on Patreon, why I don’t personally own any YieldMax funds if I really am an income investor that’s focused on high income from my portfolio.

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