17 Stocks Going Ex-Dividend in February [View article]
good grief. here is an easier method.
for stocks you are holding watch them rise into the x date. sell them the day before the date and also short an equal amount. the next day after the stock goes down to adjust for the dividend cover the short and , if you like the stock, go long too. i just did this with aod. you will in effect get twice the amount of the dividend. this does not adjust tax issues, it can obviously trigger cap gains and not losses as you will be out of the stock only overnite. cap gains are at this time not much of a problem.
you need to pick issues with hi dividends or this is a lot of work. i;ve only done it once as it just occurred to me.
pimco global in dec would have been a candidate since it had large gains and an extra dividend that drove the value way down. i did sell prior to the distributions and the fund did go down.
As DC grad of FHLBB and working thru housing cycles at PMI and American Homes Shield, and my own brokerage i am certain these things must happen to fix economy.
1-home building must be started again. 2-mortgages must be cheap and ez, like 4pc. 3-availability must be ez and broad.
usually fed lowering rates does job, but this didn't work because of overhang of bad loans. Hence bad loans must be bought up by gov.
otherwise we have got a depression on our hands.
remember the last depression was finally fixed by WW II. i dont think we want to do that again.
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Latest | Highest rated17 Stocks Going Ex-Dividend in February [View article]
for stocks you are holding watch them rise into the x date. sell them the day before the date and also short an equal amount. the next day after the stock goes down to adjust for the dividend cover the short and , if you like the stock, go long too. i just did this with aod. you will in effect get twice the amount of the dividend. this does not adjust tax issues, it can obviously trigger cap gains and not losses as you will be out of the stock only overnite. cap gains are at this time not much of a problem.
you need to pick issues with hi dividends or this is a lot of work.
i;ve only done it once as it just occurred to me.
pimco global in dec would have been a candidate since it had large gains and an extra dividend that drove the value way down.
i did sell prior to the distributions and the fund did go down.
george 9 gsoremote@hotmail.com
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1-home building must be started again.
2-mortgages must be cheap and ez, like 4pc.
3-availability must be ez and broad.
usually fed lowering rates does job, but this didn't work because of overhang of bad loans. Hence bad loans must be bought up by gov.
otherwise we have got a depression on our hands.
remember the last depression was finally fixed by WW II. i dont think we want to do that again.
i am 73 yrs old and have lived thru this all.
g oram berkeley ca.
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