Rich Habits Podcast

Q&A: YieldMax ETFs, When To Invest For Your Children, & A Special Guest!

26 snips
Jul 31, 2025
Guest
Zaid Admani
Zaid Admani, host of the Rundown podcast by Public, joins the conversation to share his expertise on investing. They dive into high-yield investments, emphasizing the importance of diversifying income sources like Roth IRAs. The discussion shifts to financial planning for families, highlighting strategies for children’s futures and the delicate balance between personal and family finances. Zaid also underscores the power of mentorship in financial growth, making this a must-listen for anyone interested in smart investing and community support.
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INSIGHT

YieldMax ETFs and NAV Erosion

  • YieldMax ETFs can erode your initial investment net asset value (NAV) over time.
  • NEOS funds selling out-of-the-money covered calls avoid NAV erosion and offer better tax efficiency.
ADVICE

Avoid High-Cost YieldMax ETFs

  • Avoid YieldMax ETFs with high expense ratios and inconsistent distributions.
  • Consider NEOS ETFs as more tax-efficient and less volatile alternatives for income generation.
ADVICE

Check Total ETF Performance

  • Always review the total performance of ETFs, considering both price changes and income earned.
  • Compare ETF outcomes to standard index funds to gauge real investment growth.
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