Update #2 - How I get “free” Disney World Vacations.
BACKGROUND
If this is your first time here, what I did was take about $12,000 and invest it into 3 YieldMax ETFs that pay high dividends every month. I collect that income and move it to my vacation savings account every month. The dividend varies every month, as does the total balance of the amount invested due to stock market price movement.
Balance History:
MAY ($11,758)
AMDY - $3,316, 200 SHARES (+$528)
CONY - $3,359, 155 SHARES (-$526)
NVDY - $5,084, 200 SHARES (-$178)
APRIL ($11,935)
AMDY - $2,788, 150 SHARES
CONY - $3,885, 155 SHARES
NVDY - $5,262, 200 SHARES
MAY 2024 - PAYOUT #2 ($695.57)
We had a few weeks of downturns in the markets which affected the distributions, but it was still almost $700 for the month. I also added 50 shares of AMDY and plan to get to 200 shares on CONY as well, so I have 200 shares of each fund.
Total Disney World account is now $1,817.31 - with 5 months to go.
CHANGES FOR NEXT MONTH
I’m going to change the savings account to just a “vacation account” and use additional monies from other sources to fund it more.
I recently started trading options, which I’ve found is literally like printing free money. I’m going to start adding option income to the vacation fund.
I bought another YieldMax ETF - MSTY and will be adding that income to the vacation fund also.
Note, I’ll still be tracking the “DISNEY VACATION FUND” as the main 3 YieldMax funds here, because those are specifically for Disney.
MSTY and Option income will be for other vacations.