Part 11/12:
The crucial takeaway is that investors should not rely solely on these funds for their retirement plans or long-term financial stability. The idea of putting most or all of one's savings into highly leveraged, sector-specific ETFs is inherently risky and, as shown, often impractical, especially during downturns.
A Call for Caution
For those seeking steady, dependable passive income, diversification across a range of investment types remains essential. High-yield ETFs like YieldMax may be suitable for small speculative positions, but they should not constitute the core of any retirement strategy.