[Buehler445]

Originally Posted by lewdog

Let's just start with CONY, down 47% YTD.

Yieldmax ETF'S, they will give you a massive dividend but long term your principle amount will go down. The expense ratio on these ETF's are crazy. The expense ratio for many is 0.75-1.0 for every 1k you give them 7.50-10. Every 10k you give them 75.00-100. Yieldmax, covered call, and leveraged ETF's are not a viable long term strategy, especially during a sideways or bear market.


High-income option selling ETFs like CONY often erode principal value, which makes them a poor long-term investment despite high dividend yields. This fund's structure, involving U.S. treasuries and a synthetic COIN position, is an inefficient way to generate yield from option premiums.

Nonetheless thats a pretty impressive return