YieldMax ETFs like NVDY, TSLY, CONY, and MSTY are quite popular - understandably so. They feature extremely high yields, which makes many new investors excited. However, if there's one thing we've learned in our decades of finance and life experience, it's that there's no such thing as a free lunch. YieldMax promises a free yield lunch, so we're immediately skeptical. In looking into these ETFs, we discovered assets that are designed to underperform the underlying stocks their built on. Why anyone would invest in these ETFs is beyond our understanding, but we'll explain why in this video.
Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/RBUoHKf1JkM.