Is it legit? Anyone use these guys before?
On their website, it sure looks professional. I eve understand the theory and function.. in fact, they are just trading the same way (stock options) as me, but much more aggressively I think.
Here is their official site..
https://www.yieldmaxetfs.com/
*they use the buzz work 'etf', but from what they show.. it's all single stock trading.
Now.. of course stocks such as TSLA or AMZN are good, reliable, very investable stocks, but their numbers seem too good to be true. Basically, the monthly ROI they say is more like what the annual ROI is.
For example, take a popular crypto ETF.. COIN. just look at the awesome ROI they claim is real..
so 1 yr APY is about 60%?!
Now.. I get that crypto is just that cool and powerful, and check out the range of how it acts, compared to berkshire..
There's also always some fine print where u aren't allowed to withdrawal, but just some limit, or only at certain times. I think my spidy senses are telling me to avoid this type of hyper yeild stuff.. but 60%?!?!
maybe just like 5% of my investment portfolio?
😎🤫🤠
It sounds too good to be true? So it most likely is!
There have been countless "platforms" in the past and pretty much all of them turned out to be scam or ponz-schemes.
So if you asked for my opinion: don't touch!