techno-ag said:
1. Buy 1000 shares of ULTY.
2. Rake in $90-100 distributions every Friday.
3. ????
4. Profit.
So you've lost half your money in one year, but are consoled about that 20% divided? And -72% since inception? I'm a player in these new Yeild Max things, but still in watching mode. Not something I would recommend to a first time divided player.
Hey kid, consider something like Altria. The stock has bounced back since they quit fumbling around in the vape market and figured it out. They are paying 7% dividend at the current price. One of the best bargains in the divided aristocrat category at the moment, if you ask me.
Edit for auto-incorrrrrrect.