What is your opinion of yield max ETFS as some of the returns look crazy like 150% plus per year etc...
They do this by trading options on the underlying asset.
https://www.yieldmaxetfs.com/our-etfs/
I'm looking at it because even if NAV (Net asset valse goes down by 50%) you are still up a 100% (150-50%) in income and then you can reinvest or just put the money in something else.
and for those that are already down like 50%, you are buying it on the cheap.
So then after a year, you have doubled your money, invest in something less risky and even if the fund goes under, you lose nothing.
And many of these have like 1-2 billion in assets I would be looking to invest like 70-80k to test it out.
I'm wrong or I'm missing something ever here as this just seems too good to be true?
They do this by trading options on the underlying asset.
https://www.yieldmaxetfs.com/our-etfs/
I'm looking at it because even if NAV (Net asset valse goes down by 50%) you are still up a 100% (150-50%) in income and then you can reinvest or just put the money in something else.
and for those that are already down like 50%, you are buying it on the cheap.
So then after a year, you have doubled your money, invest in something less risky and even if the fund goes under, you lose nothing.
And many of these have like 1-2 billion in assets I would be looking to invest like 70-80k to test it out.
I'm wrong or I'm missing something ever here as this just seems too good to be true?