Is it Time to SELL QYLD? Going to ZERO? 

If solely searching for income, then yes I 100% agree. Excellent opportunity to get higher future dividends, also love your energy haha

@@MMuniz Today is 2/2/2023. Just checking out how my post has aged. You posted video on 9/29/22 where QYLD closed at 15.82. Today QYLD is currently 16.96, so up 7.2%, not counting distributions. With the 4 distributions since then, it is up approximately 11.3%.

@@ErnieMayberry couldn’t agree more. The bottom of 15 per share was around 3 months ago so it’s doing fantastic! I am excited for 17 per share but I’m looking forward to 20 per share lol. Maybe end of year?

Thanks for taking the time to comment!

Exactly. If only we could predict the future! Lol

I’ve tried a bit of leveraged etfs but I can’t get myself into inverse etfs. Just feels wrong to bet against the market going up sooner or later. I have shorted before, but also been burned on that. I try to keep it simple now vs options and leverage lol.

@@MMuniz Options should work if you have the time. Spreads may be a better bet but at a cost. That is where a GOOD portfolio comes in and why I don't use one....they are only human. I was afraid they might put me into NVDA or whatever and tell me to wait!!! I had some 2x and 3x ETF's . Compared to NVDA or MMM or DIS a levered ETF is a bargain.

VOO VUG are my two go to picks! You can still get it out, it would just be at a loss. But rmember. If you were taking money out of something like voo right now also… you would be taking the loss also

Lol all in Tesla is a bold move for sure! Thanks for the compliment and taking the time to view my content!

@@MMuniz Please do a video on Tesla's volatility. I would like to hear your point of view. Thanks!

Couldn’t agree more with all of your statements. I think feds will hold rates around 5% for a while which is what is expected, meaning not too much growth during that period. Thanks for sharing!

Couldn’t agree more with this!

How are the premiums with selling calls on qyld? I feel like there wouldn’t be a ton of volatility so not so high? Jepi is a great option, or JEPQ, thanks for taking the time to comment as always!!!!

Hoping for a market turn soon! Then all these growth etfs I’ve been stocking up on can start paying me lol

I don’t own any XYLD but QYLD is my largest income etf. Then divo. Then RYLD. I feel like RYLD is actually a better option long term to be honest, because of higher monthly premiums due to volatility in the russel index vs large cap tech Nasdaq. But that’s just my theory.

I think it would be cool if they started writing further out of the money covered calls to lower the price cap that happens in an upwards market… especially since we are already down so much. To me it makes sense but who knows.

Exactly, when including dividends it makes a huge difference. Thanks for taking the time to comment!

QYLD is down a LOT more than that. You didn't qualify your statement with (in 2022).

Excellent Steve, thanks for popping in with your thoughts as alwaysb

@@MMuniz Holy Cow Matt!!!! turn around day already?

Yes agree with this 100%. Lot of people still holding tight for sure. I almost always use limit buys for massive red candles on my other investments. (I don’t buy QYLD, I just have around 500 shares)

There is no investment case for QYLD. When QYLD is deeply down like it is now, you’d be much better off buying QQQ or even TQQQ if you feel like the bottom is in. With QYLD you’re getting the vast majority of the downside but only a small portion of the upside when the market recovers. And as an income play it’s horrible. The distribution has been cut 18%+ since the beginning of the year. Add higher STCG taxes on top of that… you’d be better off investing in Hunter Biden paintings.

@@CalmerThanYouAre1 lmao at your Final comment 😂😂. I tend to disagree a bit, as I do think qyld or any income etf has a place in a diversified portfolio, and can outperform in certain conditions. So all depends on what you believe in.

@@MMuniz 😂Crazy, right? Seriously though, do some Portfolio Visualizer back testing with QYLD. Let's say you wanted something aggressive like an 8% distribution to live on. Starting with $1M and comparing QYLD to SCHD, DIVO and SPY over the last 7 years, the results are pretty telling. SCHD comes out ahead after 8% distributions withdrawn monthly and not adjusted for inflation. QYLD ends the period negative while each other ETF produced portfolio growth even after the 8% withdrawals. The QYLD distribution is an illusion. You got an 8% distribution and finished with a -2.88% CAGR, so nearly 3% of that distribution was you just getting your own money back (burning principle). People who invest in QYLD either don't understand how to do basic analysis/comparison or are sticking their heads in the sand and purposefully ignoring what is happening to their portfolios. Even worse, it's going to lead to painful failure and wasted wealth in retirement, especially when you account for inflation. It's the definition of "income drunk" yield chasing while ignoring the vast underperformance in total return and complete absence of a viable thesis for long-term outperformance vs better quality funds. Portfolio visualizer results here if you want to play around with them: www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=2015&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=1000000&annualOperation=2&annualAdjustment=6667&inflationAdjusted=false&annualPercentage=0.0&frequency=2&rebalanceType=0&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&benchmark=-1&benchmarkSymbol=SPY&portfolioNames=true&portfolioName1=QYLD&portfolioName2=SCHD&portfolioName3=DIVO&symbol1=QYLD&allocation1_1=100&symbol2=SCHD&allocation2_2=100&symbol3=DIVO&allocation3_3=100

Thanks for the compliment! No problem, I love watching everyone’s opinions also because there’s so much free information (you have to find the good sources) on the internet, you can always learn something new everyday!

@@davidjames1684 Yes, QYLD would of course go down in a bear market. The question I saw posited in another video wasn't whether it would go down, but whether it would later recover. This is partially why I went with JEPI instead, because I thought it would be more resilient. Now I'm just waiting to see.

@@davidjames1684 I understand what you're saying. I also realize that different investors have different styles, but of course, no matter what their style is, what you are describing is never a good situation. I've always been a long-term investor, so a major part of whether I invest in something to begin with is trying to guage whether something will hold out for a long haul. It's impossible to know for sure of course, but QYLD didn't seem to be a fit for my strategy. However, I have nothing but best wishes for anyone who has decided to go with QYLD and hope it works out for them.

@@davidjames1684 For me, recovery means that I am not consistently losing the value of my initial investment over time. I understand that investments will go up and down. But if an investment in itself has a history of its share price consistently going down over several years or even decades, and not just because of market fluctuations, it's not something I want to buy into. I retired early a few years ago, and I want to see my portfolio grow over time, not continuously depreciate in market value. I also understand that high dividends often mean little to no growth, but to me, if there isn't any growth, then I want to see the share price at least stay flat over time and not have the average continue to go down over long periods of time. I buy to hopefully hold for years, though of course I will make adjustments as necessary.

@@davidjames1684 comments from both of you guys are great. However, to your recovery question. Anyone still holding that bought in at 19… after a year they would have made all their money back so even if it stays around 17-19 for the next 5 years you are still collecting dividends/ income. So really that question is extremely subjective and hard to answer lol.

Couldn’t agree more!

Get ready for more red and lots of it.

What I cant stand is why a lot of u tubers likes to talk about qyld performance during a bear market and selling it or how bad it could get. They never discuss that some of the best stocks in the world are down 30 to 40 percent also. I guess that means that those are going to zero too. Qyld is a income generator. Thats like the engine in your car. You kinda have to have one to get some where.

I couldn’t agree more with All of your posts. People are extremely negative towards QYLD when the nasdaq is also down 30% lol… I still think doubling your money on 8-10 years is going to happen with QYLD so we’ll see how our theory turns out! Thanks for taking the time to comment so in depth as always!

Jeremy Grantham stated that interest rates were kept low by the last 4 fed chairman and because of this stock prices were artificially pushed higher this will correct and when it does Covered calls may be a superior investment for a 10 percent return per year as a flat market will be great for this type vehicle. Look at japan. Grantham says to expect this to last for at least 2 decades

Frugal J I like that haha. This is very true. I myself have fallen into the “ timing the market, reacting to news, etc…. “ And in 100% honesty I have lost way more times than won. Now I just buy and hold etfs, mostly voo and VUG, and I’ll check back in 30 years lol

@@MMuniz That technique is highly flawed.

I think for the next 6 months to a year we will be volatile but mostly flat overall, which exactly as you say, would be beneficial ti us QYLD holders.

Assuming you have the 300k or more and need the income, 100% agree. And ya it is totally abkut “ feeling the dividends” for lower. I definitely agree that there are better ways to handle your money you are trying to build a portfolio on when beginning investing. Only thing is sometimes investing is psychological, and if dividend investing helps people invest, vs not at all, I would still prefer that in the end. Thanks for your thoughts Alex!

Certainly. Coty from the channel “ citizen of the year “ has the hands down best video on JEPI, and discusses ELNs more in depth than anyone else I’ve seen. I think it’s called “ the truth about JEPI ETFs 8% monthly dividend yield” JEPQ is basically the same just different holdings. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-TS2u325zahA.html

I don’t see it as a negative to be in an up market, since it’s not an inverse etf, but I do agree I think that there are certainly better options. Thanks for the comment!

This is actually a great question. People say in a deflationary environment the markets will decrease because of stagnating growth…. Which would lower volatility and premiums and just cause more nav drop in QYLD. But we don’t know for sure.

Technically XYLD has outperformed and has less volatility, so this one may be preferred. But less volatility could mean less premiums and reduced monthly distributions long term.

This I can honestly get behind. If I wasn’t stubborn on trying “ not to time the market” I would do this with my shares of QYLD also. But idk. I invested in it and still feel like it has a small part of my portfolio in terms of diversification so I’ll see what happens. I am building the JEPQ though as well!

@@MMuniz I hate selling at a big loss but no regrets. Yes everything is still dropping but I am much more confident that the JEP's will recover much better than the YLD's

@@CB_4216 I am in agreement here. Hopefully your play works out!

Everyone’s got an opinion, nothing wrong with that! Thanks for commenting

Most people are on the JEPQ fan train, including me as well!