Not Me, But You!
Welcome to Not Me, But You! This is likely one of the most ironically titled podcasts since the focus is designed to be on the podcast listeners rather than the podcast creator. I spent half of my life as a school administrator and I want to share with you what I've learned about education, teaching, learning, reaching your goals, attaining your dreams, developing relationships, encouragement, motivation, business, income, and money. My desire is to shine some "psychological sunshine" onto your thinking. I believe it's possible for you and me to attain our dreams in life. But often, many of us need a good teacher, a good mentor, and a good cheerleader in order to help us along the way.
I am confident that you will learn some things from me. But more importantly I want to learn something from you. I will share what I'm passionate about. But I also want to discover what you are passionate about. And by listening, you will discover how to set goals, how to track goals, how to achieve goals, how to select a good "guru" or mentor or teacher or advisor, how to make money and save money. And most of all, I want you to discover what is your most valuable asset and how to gain freedom in your life. (Answer: your most valuable asset is your TIME). How do we do that? By buying and holding assets. But we need to learn which assets are best for us. You can become wealthy by pushing buttons on your phone!
Not Me, But You!
MSTY vs. SMCY vs. ULTY (Real Dividend Cash, Actual Income Examples)
Season 2. Episode #67. Not Me, But You! Podcast. I compare MSTY to SMCY and ULTY. All Yieldmax ETF's that you can use to build "your personal ATM cash flowing machine" in all three of your brokerage accounts (Regular brokerage, Traditional IRA account, Roth IRA account)>
These ETF's pay YOU cash flow on schedule. Either weekly or monthly. Yet MSTY and SMCY are going to pay out TWICE in the month of August 2025.
Good quote: "Be brave enough to be bad at something new." Treat your time as your most valuable asset. Use your time wisely. But do NOT spend ALL of your time ONLY doing research. At some point, you need to STOP researching and START doing! Go do "that thing." Get STARTED investing already.
If you make a mistake, then who cares? You will recover and move on. That's how we learn in life. Don't fear failure. LEARN from it. What can you do with cash flow? Answer: Anything you want! That's why cash flow is SO VALUABLE!
Keep your montly expenses as LOW as possible. That way you can invest MORE MONEY. By doing that, you will become wealthy sooner! Pay off your credit cards. Pay off your car loan early. The benefit? You NOW have more money available each month in your monthly budget and you then have MORE choices as to what to do with that extra money in your budget.
MSTY and SMCY will pay TWO divdidend payments in the month of August 2025. Why? Because these ETF's actually pay EVERY 4 WEEKS! They don't pay out twice every month. But certain months out of each year, this is the case.
Know that investing in these HIGH yield ETF's invovles risk. But if you choose to do this, you can rotate your dividend payments INTO LESS riskly investments.
Have courage today, to pick one thing, and work on your dreams. We will talk again soon.
I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.