I’m trying out a dividend strategy for the first time. I put half my money in YMAX that pays around 70% yearly dividend. They pay out weekly. Then I put the other half of my money in PSQ.
YMAX goes up if the Nasdaq goes up and PSQ goes up if the Nasdaq goes down. So the strategy is you’re hoping to always stay even but you make money on the dividend. Let me know if anyone tries it and what your results are.
Been doing it for a few days and right now I’m -3.69% on PSQ but +3.22% on YMAX