1Anno·

Yield Max ETFs (especially 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!

25 Commenti

Alexander_Bitcoin@Alexander_Bitcoin

1Anno

Where can you buy this in Germany?

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MrMo@MrMo

1Anno

As far as I know only via special brokers, e.g. tastytrade

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Oleg@ScorpionfromBW

1Anno

@Alexander_Bitcoin not at all in Germany, via IB or Swissquote it is possible

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Theresa R.@Thresita

1Anno

@Alexander_Bitcoin or via Freedom24, but the broker is not based in Germany.

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Alex@sww

1Anno

@Alexander_Bitcoin via options *but keep in mind its will be 100pcs in 1buy

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Tayfun@Tayfun34

1Anno

@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

1Anno

@Alexander_Bitcoin Did you get it right?

Best regards

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loginvest@loginvest

1Anno

@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

1Anno

@loginvest Are you talking about the "YieldMax™ Big Tech Option Income ETF"?

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loginvest@loginvest

1Anno

@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

1Anno

@loginvest ING is better I think

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Visualizza tutti 6 ulteriori risposte

dividenden_pilot@dividenden_pilot

1Anno

I bought it through Freedom24

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Tayfun@Tayfun34

1Anno

Alpaca Markets you can buy it

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Leopold T.@Tuffbet

1Anno

Not authorized in Germany

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MrMo@MrMo

1Anno

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

1Anno

@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

1Anno

@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

1Anno

@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

1Anno

I was trading this one on Birdwingo but it will close doors..

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