open dyslexic mode

In this video we are talking about my YieldMax ETF Portfolio and my LEAPS + INCOME Portfolio. We are walking through a changed income strategy and a change in YieldMax ETF's.

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This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles.
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A YieldMax ETF portfolio is built for generating high monthly income using options-based strategies, focusing on ETFs that actively manage options on volatile stocks or sectors. These ETFs are suitable for income-focused investors who prioritize yield over long-term capital appreciation, but they come with elevated risk and potential for net asset value (NAV) erosion.

What Are YieldMax ETFs
YieldMax ETFs pursue ultra-high yield by selling call options (synthetic covered calls) on selected stocks or themes, capping upside participation but providing indirect exposure to the underlying security. Popular single-stock YieldMax ETFs include TSLY (Tesla), NVDY (Nvidia), and CONY (Coinbase). Funds-of-funds options such as YMAX or YMAG combine several individual YieldMax ETFs for diversification.

YieldMax Portfolio Construction
Diversify across several YieldMax ETFs and avoid overexposure to any single-stock ETF due to high concentration risk.

Typical allocations for speculative income-focused portfolios range from 5% to 15% of overall assets, with the rest held in traditional index or dividend-growth funds for stability.

Consider multi-sector funds like YMAX (Universe Fund) or YMAG (Magnificent 7 Tech Fund) for broader risk management.

Rebalance monthly, as the underlying covered call contracts and the ETFs themselves are actively managed and adjust exposure regularly.

Adjust allocations based on monthly income requirements, risk appetite, and current market volatility.

Key Risks
High yield comes with significant NAV erosion over time, particularly during strong rallies in underlying stocks since gains are capped but losses are uncapped.

Expense ratios are generally higher than passive ETFs (often 1%+), further eating into returns if NAV declines.

Single-stock option funds are vulnerable to steep drawdowns in underlying names—yield is never guaranteed and can drop sharply.

Performance is sensitive to volatility spikes and market direction, so consider YieldMax as a high-risk, income-generating supplement rather than a core holding.

Who Should Use YieldMax ETFs
Income investors: Seeking monthly yields exceeding 50% annualized.

Experienced risk-tolerant traders: Comfortable managing drawdowns, NAV volatility, and uncertain long-term growth.

Retirees/supplemental income seekers: Wanting high-yield slice to cover monthly bills, but with a diversified, conservative core elsewhere.

Best Practices
Limit YieldMax exposure to a small percentage of the portfolio to avoid extreme risk.

Track yields monthly; yields and underlying prices can fluctuate widely. Never rely on historical yield as a guarantee.

Prefer diversified YieldMax funds (YMAX/YMAG) if seeking lower volatility than single-stock names.

Monitor changes in distribution policy, expense ratios, and market conditions regularly.

YieldMax ETFs can play a unique role as an aggressive income generator in a well-diversified portfolio, but they are risky and not suited for everyone