MrMo
@MrMo
1Año·

Yield Max ETFs (especially MSTY)

$MSTY

Hello everyone,

Is anyone from the community already riding this horse and can say something about it? A W-8BEN form will then probably be necessary. What risks are there apart from the vola, which is intentional?

A fund volume of over 2 billion...

Thank you and have a nice Sunday!

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25 Comentarios
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Alexander_Bitcoin@Alexander_Bitcoin
1Año
Where can you buy this in Germany?
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MrMo@MrMo
1Año
As far as I know only via special brokers, e.g. tastytrade
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Oleg@ScorpionfromBW
1Año
@Alexander_Bitcoin not at all in Germany, via IB or Swissquote it is possible
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Theresa R.@Thresita
1Año
@Alexander_Bitcoin or via Freedom24, but the broker is not based in Germany.
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Alex@sww
1Año
@Alexander_Bitcoin via options *but keep in mind its will be 100pcs in 1buy
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Tayfun@Tayfun34
1Año
@Alexander_Bitcoin i bought it via alpaca market at freedom24 you have to be a professional investor
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financial_ninja_2048@financial_ninja_2048
1Año
@Alexander_Bitcoin Did you get it right?

Best regards
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loginvest@loginvest
1Año
@financial_ninja_2048 there will soon be an opportunity to buy an alternative for Europe via incomeShares (from May)
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financial_ninja_2048@financial_ninja_2048
1Año
@loginvest Are you talking about the "YieldMax™ Big Tech Option Income ETF"?
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loginvest@loginvest
1Año
@financial_ninja_2048 Nope, the provider here will be IncomeShares. You can buy via Scalable or Traiding212. They started with such ETNs for the European market last year. They are planning a strategy ETN with options with distributions from May.
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Alexander_Bitcoin@Alexander_Bitcoin
1Año
@loginvest ING is better I think
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Ver todas las 6 respuestas adicionales
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dividenden_pilot@dividenden_pilot
1Año
I bought it through Freedom24
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Tayfun@Tayfun34
1Año
Alpaca Markets you can buy it
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Leopold T.@Tuffbet
1Año
Not authorized in Germany
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MrMo@MrMo
1Año
There are some on Reddit who have this in their custody account, then just via brokers abroad, hence W-8BEN etc., or is this generally not allowed?
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Leopold T.@Tuffbet
1Año
@MrMo I would check beforehand whether this is permitted. Are they German who have them in their depot? I know that ib, for example, does not allow this for Germans
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MrMo@MrMo
1Año
@Tuffbet As far as I understand it, you have more work with the tax, as nothing is paid automatically and you have to take care of the DBA with the form yourself. But otherwise it's comparable to some CEFs, for example, which can only be bought via other trading platforms here.
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Oleg@ScorpionfromBW
1Año
@Tuffbet It is of course permitted to buy and own USITS. But not tradable in the EU, as this USITS information is not provided by the US issuers.

And you have to take care of the tax yourself
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Luís N.@LuisNeves
1Año
I was trading this one on Birdwingo but it will close doors..
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