Are you seriously advertising what is essentially an index fund with extra steps as a way to “make it”? Another question, how’s the weather in Tel Aviv these days?

>>62119557
>Give them your money
>They give it back to you in monthly installments with income tax (they're not qualified dividends)
>Also reverse splits, nav erosion

NEOs is better. YieldMax has destroyed people's retirement.

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>>62119557
OP IS A SHILL

CHECK THE CHART VS THE UNDERLYING
CHECK THE YEILD HISTORY
THEY ARE DUMPING ON YOU STUPID BOOMIES

>>62119557
Scam

Lets talk more about this because I have been considering NVDY and MSTY (or CONY) at a 2:1 ratio. Here's my approach. I have built up some years of contributions in my roth ira (lets say around 20k). I also have a separate pension, a precious metal stash, and a separate retirement fund. So my idea is to turn my Roth IRA into a revenue generating source to supplement my low-end income (55k). I'll keep making contributions and DCA. I'll reinvest 50% of the dividends and withdraw the other 50% as a source of revenue. Since I can withdraw up to my contribution amount (20k). Legally the withdrawal is still deemed to come from contribution basis first until exhausted. If I contribute 7 each year, that will be 27k in 2027, 34k in 2028, and so on. If I were to put 50% of the 20k into this strategy (10k) and the annual yield on 10k might be 3-4k. So 4k over 12 months, and I reinvest 50% of the dividends and withdraw 50%, which comes out to $166/mo. At this rate I would be withdrawing $4000/yr and contributing $7000/yr, plus my initial 20k contribution buffer. I would be gaining $166/mo. tax free while adding to my principle and remaining within my contribution threshold. These numbers would scale up or down, but it would pay for my cellphone bill.
People here are always talking about how we're giving up our best healthy years obsessing over the future. I think this could be a balance of instant gratification + long term growth.

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*steps in your path*

>>62119938
tl:dr
1. Keep contributing fresh Roth yearly
2. Use a portion of Roth contributions in high-yield sleeve strategy for supplemental income
3. Withdraw modestly below new annual contributions
4. Preserve long-term optionality

Yes I understand there is NAV erosion, but that's a reasonable price to pay for an ACTIVE tax-free sustained income strategy that helps pay real-life bills. Remember that this is just a portion of a porfolio. 10k basis from my 150k net worth and I think it's work the experiment to see for myself.