Why do you need to receive dividends monthly? What difference does it make?I have a similar goal in that I want a steady dividend stream, but I find it hard as a lot of companies pay dividends in the same month. As I want to receive dividends every month, it's almost impossible to find a blue chip company that pays in certain months like June.
... no need to add any new stocks to the portfolio.
I do that, it saves on homework.
... avoid hw at all costs. ...
I hate to give the government 40 odd % of that I gained from smart investing.
I have a similar goal in that I want a steady dividend stream, but I find it hard as a lot of companies pay dividends in the same month. As I want to receive dividends every month, it's almost impossible to find a blue chip company that pays in certain months like June.
A bit off topic:
We'd often get 10 words for spelling homework.
I wouldn't bother to learn them, managed 8 or 9 out of 10, as they were read out.
One day the nun comes to class and doesn't read out the words!
Instead she says "Write down the ten words you learnt for homework."
Gulp!!
That seems a bit silly, Surly you can manage your money yourself and just pay yourself monthly, fornightly, weekly or daily. I wouldn't mind getting dividends once a year.
and at the end of the year when you,ve got FA left.
Hmmm. One particular gain I made peaked at 35k after 3 months and began declining. As it was I held on for further gains too long and that peak 35k was banked for a 15k gain.I'm a strong believer that if you have made a gain of over 20grand never sell before the year is up. I hate to give the government 40 odd % of that I gained from smart investing.
edit:
i have a stock that when i ask for a quote comes up with "invalid" what's with that?
Thanks - just wondering, why do you have a roulette wheel as part of your avatar?
Because i don't kid myself that what im doing in the market is not gambling, many many punters on this forum like to kid themselves that they are traders and investors etc, not gamblers....i don't have the need to hide behind a legitimate label of some kind.
Irony is that i was in star city casino recently (with work some mates) my first time in a casino for maybe 5 years and i didn't have even 1 bet, i was amazed that i had no desire whatsoever to play anything, one of the guys asked me why i wasn't playing anything and i thought about it and told him the truth about how i felt.
I told him "i have ***k in the stock market, i gamble every day and a couple of hundred at high risk in a blackjack game doesn't do it for me any more...and that's really exactly how i felt...the first time in my life that i have spent 3 or 4 hours in a casino and not gambled.
Because i don't kid myself that what im doing in the market is not gambling, many many punters on this forum like to kid themselves that they are traders and investors etc, not gamblers....i don't have the need to hide behind a legitimate label of some kind.
Irony is that i was in star city casino recently (with work some mates) my first time in a casino for maybe 5 years and i didn't have even 1 bet, i was amazed that i had no desire whatsoever to play anything, one of the guys asked me why i wasn't playing anything and i thought about it and told him the truth about how i felt.
I told him "i have ***k in the stock market, i gamble every day and a couple of hundred at high risk in a blackjack game doesn't do it for me any more...and that's really exactly how i felt...the first time in my life that i have spent 3 or 4 hours in a casino and not gambled.
Well there are few games in a casino where there is an odds advantage to exploit and you need some serious capital to do it.
Its easy to get a result in the market that gives good risk/return. Your return is still governed by chance, and you are still playing the odds over a period of time for a gain, similar to gambling, but the standard error of your returns is small if you want it to be (ie you can get a OK rate of return with relative certainty).
People often tell me that the sharemarket is essentially gambling, and if you look at it that way you will certainly turn it into your own private casino! But nothing in this world is certain, every time you cross the road you are gambling, every time you cook dinner you are gambling that its going to be a better option than buying it somewhere else.
Risk and return is not a law of finance and casinos, its a universal law.
....i chose to do my gambling in the stock market because i gamble to win and in the stock market i have a clear advantage, ...
The turn of the card ...
the spin of the wheel ...
first horse past the post ... and it's over!!
But with shares, you decide when it's over!
Which one?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?