In this episode, we’re giving the latest update on our CONY YieldMax Experiment — and this is a big one: the loan is finally paid off.

The original idea was to test whether we could take out a loan, invest the money into a high-yield ETF like CONY, and use the dividend payouts to cover the loan payments. In theory, it sounded like a way to use other people’s money to build an income-producing asset.

In reality? It got ugly.

CONY started strong with a massive early payout, but the combination of declining distributions, NAV erosion, a reverse split, Coinbase volatility, crypto weakness, and high loan interest turned the experiment into a very expensive lesson. The loan carried a 17.25% interest rate, and the total interest paid was over $2,200, making the recover ...