nav erosion

What car would these guys drive?

Audi

New jacket. It’s a zip-up
and it’s lined.
No apnea, no missed beats.
One pillow, no low sats.
So the whole community on YouTube is split on YieldMax high income, covered call ETFs.

I not only like them, I love them.

And I love BitCoin

People think they’re a scam.

Like Mutual Funds.

Yesterday’s old news.

Yet they won’t shut up about them! You know the lure is too great to overcome.

These funds are getting
150% return.
BUT the price keeps going down. They’re calls. Volatile.

grooving

Grooving on a Sunday night

AI drew this picture of business people sitting around a campfire, discussing ETFs and how to stop NAV erosion in Yield Max ETFS.

It is income and needs
to be treated as such.
Tax is often due. And that’s ok.
Frank Zappa knew it
Salad and Caffeine
Sleeping like a proverbial baby. I’m 65 in a few weeks. I take no medication. BP 118/68. P 60.
So how DO you stop the NAV erosion?
Perhaps buy the underlying stock? Buy the inverse?
Two mythical creatures, side by side, facing life’s challenges.
The underlying stock and the ETF. They’re cousins; not twins.
For example, MSTY and MSTR
No settling for 5% returns.
64° F out. Get your jackets!
The BEST time of year.

what the hail

Uncle Sam always gets his “man”

Which has a Benjamin on it.

All the colors of the Grand Canyon
Closet plans. I hired a friend
to come help and
she ends up
doing most of the work!

She does the work of
at least people. Maybe 3
I thought that people would kill or die to be involved with these. There is dissension in the ranks.
How do you sleep at night?
Like a baby, my friends!
One crisp morning and we’re all
like a hallmark movie.

Finally we had a cool morning. 64°F. I’ll take it.

Got sick at work yesterday.
I suspect it was my vitamins.
They are touchy.

Also I’m 65 in a few weeks and just now realized I’m tired. Lol. These 12 hour shifts. 5 of them.

I want to buy some HOOW and HOOY. People are switching from YieldMax to Roundhill