This 60% Tech Yield Is Getting Attention (Is It Safe?)

We all love high yields—but every now and then we run across one here at Contrarian Outlook that’s so high it’s a blaring warning sign. Case in point: the 60.4% yield (no, I didn’t misplace a decimal there!) on a tech-focused fund called the YieldMax TSLA Option Income Strategy ETF (TSLY) . That’s right: buy this one and, going by the headline yield, you could recover your upfront investment in less than two years through dividend payouts! But, well, not so fast: because in this case (as in pretty well all cases when dividend yields strain the bounds of reality), some income-hungry investors are being drawn to a high yield that not only can’t last, but masks poor long-term performance, too.… Read more