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michaelhail12

michaelhail12
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  • Zero Leverage, High Yield, Cost Efficiency, And Diversification Does Not Make Up For Returning Capital [View article]
    Go with Siebert. The margin fee is just over 2%. Put that money into GABUX, collect 15% tax free (until you sell it), pay Siebert their margin fee, keep the rest!
    Michael
    Nov 11, 2014. 03:52 PM | 1 Like Like |Link to Comment
  • Living Off Dividends With My 3 Favorite Monthly Payers [View article]
    The question i have is this...how can such a fund pay such a high dividend? I love collecting the dividend, but how do they do it? Not through options betting. Nor through sell before the dividend, buy after the dividend. And not leveraging like a REIT. What's the secret, which they been doing for many years?
    Sep 11, 2014. 11:26 PM | Likes Like |Link to Comment
  • Living Off Dividends With My 3 Favorite Monthly Payers [View article]
    You already got the reply. 7 cents a share is the dividend. and may they keep it up.
    Sep 11, 2014. 11:22 PM | Likes Like |Link to Comment
  • Living Off Dividends With My 3 Favorite Monthly Payers [View article]
    True. Not all of it is tax free. but i'll take it, and pay tax on the gapital gain, such as it is.
    Sep 11, 2014. 11:21 PM | Likes Like |Link to Comment
  • Living Off Dividends With My 3 Favorite Monthly Payers [View article]
    Quite true. But why ever sell such a stock, as long as it keeps paying 15% tax free?
    Sep 11, 2014. 11:20 PM | 1 Like Like |Link to Comment
  • Living Off Dividends With My 3 Favorite Monthly Payers [View article]
    How about GABUX. It pays monthly, the dividends is 15%, and it is tax-free.
    Sep 11, 2014. 08:38 AM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    Let me deal with these comments, which have been made before. Regrding the fees, which are higher than mot, I'M not paying them. My Gabux doesn't decline in value, and my 15% tax-free dividend is constant. so the fees are coming from elsewhere. But as long as my principle is safe and the dividend continues, they're entitled to their fees.

    The same argument applies to the claim they are retuning my money (ROC). Again, my principle remains constant, my dividend continues, so they are not returning MY money. My investment isn't going down.

    My true yield on my investment is 15%, as listed in Bloomberg (middle of the site) and Morningstar (the bottom of the site which lists the steady dividends
    paid.

    So I am getting a 15% return on my investment from fund which has grown in two years from 2.9 Billion to 3.4 billion.

    My checks come in every month, so what am I overlooking?
    Sep 5, 2014. 09:35 AM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    I can't figure it out. I don't pay the fees; I just collect the dividend. When i check on Bloomberg, it says what I'm saying...15% monthly dividend.
    Sep 4, 2014. 11:14 PM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    I don't know. I get 7 cents a share monthly, which works out to 15%.
    And over the last five years, the price has grown just a tad, but still paying 15%, tax-free for seven years or so.
    Sep 4, 2014. 11:11 PM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    How about GABUX, with a 15% dividend, tax free?
    Sep 4, 2014. 09:59 AM | Likes Like |Link to Comment
  • My High Dividend Yield Retirement Portfolio Delivers 8.8% Of Income For This Retiree [View article]
    HI: It's about time somebody mentioned GABUX. 15% and it's tax-free. And there are other 13 to 15 percenters out there too.
    Jul 30, 2014. 11:30 AM | Likes Like |Link to Comment
  • A 15%-Yielding Utility Fund... Or Is It? [View article]
    Ok, and what happens after they have returned your investment? No more dividends? Stocks folds? What?
    Apr 4, 2014. 03:13 AM | Likes Like |Link to Comment
  • How The Focus Of Dividends Impacts Returns [View article]
    I enjoyed your article, but the stocks you mentioned I would hardly call dividend ones. How about GABUX, or AI, or NYMT. These are now high paying dividend producers more useful for dividend investors.
    Michael
    Jan 27, 2014. 11:12 PM | Likes Like |Link to Comment
  • A Strong 7.1% Yield From This Large Utility [View article]
    Why not invest in GABUX, which specializes in Utilities, pays a 15% dividend, and the dividend is tax deferred?
    Dec 22, 2013. 12:29 AM | 1 Like Like |Link to Comment
  • Are These Utilities Stocks Still A Safe Pick For Dividend Investors? [View article]
    How about a fund like GABUX, which specializes in Utilities? It pays 15%, tax deferred dividend, on a monthly basis.
    Dec 19, 2013. 09:30 AM | 1 Like Like |Link to Comment
COMMENTS STATS
15 Comments
4 Likes