Sounds like an opportunity to pay a short term capital gains go along with the 1%, say how much of the short term capital gains on that BIG 1% are you forking out?
Usually the last half hour or so the registered day traders have to exit their positions cleanly. Have traded in this the minutes before closing, have traded after hours, pre open hours, and during the day. Since Nokia is trying to break out above $8/share, any chance now to buy under $8/share seems prudent. Have made some money on Nokia when I pulled dollars off the table, but hold my core position that I bought at $2.65/share, up about 200% over my entry point. Just happened to see a dividend that got deposited into my cash account, Nokia under $8/share, money that came in as a dividend and putting that to work to make a dividend, that is how you teach your money coming in to go make more money. Dividends generating dividends, its just don't get no better than that. Right now looking at some of my other dividend positions and have shifted my view from just accepting a stated dividend yield across the number of share held to increasing the yield across the number of dollars in. The more I look at it, the more I see something that might have an annual yield of around 12% on the shares, by better entry and exits, then looking to reenter at a lower price, looking to drive a yield around 14% to 15% based on dollars in versus the yield calculated by dividend payout / share price. The amount becomes sizeable over a years period of time. Looked at this one position, and discovered that if I maximize my strategy that I could pick up another almost $6K per year in yield on the same amount of dollars in, getting a higher yield thru maximizing better timing of the entry / exit points, I am to shooting for grabbing these extra dollars in yield that I am not snagging today. Not sure how or when I became clued into this, but it certainly appears that I could be making a bit more. If I could do that across the 8 of my positions, that potentially means I could snag almost $50K per year more, and that aint too shabby.
Dang, should be looking closer at other position paying dividends into my cash account, decided to do one more purchase on Nokia prior to the ex-dividend date.
And Apple dropped from $705 to $380 resulting in hundreds of billions in losses too, folks forget that and the closer Apple get to $100/share, they haven't forgotten how painful that was either. History does repeat itself. Apple has not come out with any real technology first in the market place with anything lately.
Warren's style isn't a day trader, he's a long term hold, forever is more to his liking. He doesn't rotate into or out of positions quickly. One following Warren's strategy will make money over the longer term, that's why BRKA trades for $190K per share range.
Just My Humble Opinion, you can thumb down all you want, doesn't matter, but that it looks like to me.
Too many look at yield as the (dividend paid * frequency over a year) / share price. That equals the yield and one way to look at yield, the other way is to look at yield is based on the number of dollars in positions, then by exiting at the proper time and reentering at the proper time, the yield based across total dollars can easily 2% or more across the total dollar amount than the yield based on the formula for calculating yield. Current yield on PSEC is 12.97%, rather than being satisfied with this yield, there is no reason that you cannot get a yield closer to 15%, especially when the channel in which PSEC trades indicates that you can. If one notices that that value of the share price has risen greater than the amount of the dividend to be paid out, rather than staying put, the yield would be higher in exiting and foregoing a dividend payout. I expect there are quite a few playing PSEC in this manner and are reaping significantly higher yields in this manner.
Take all the oil glut in the US and sell to Europe a buck cheaper than Russia sells it to Europe. That would hit Putin hard in the pocketbook cause he don't have anything else to sell them.
NFLX blaming Verizon for customer that aren't paying to get the fastest service that Verizon offers, sounds like this will end badly . . . NFLX
I guess Seeking Alpha must have finally come to their senses and cut the Kofi boat anchor lose.
If he is too cheap to invest in a fairly decent book on the subject, exactly why would you want to spoon feed him?
Dude, its easy to do what you want. Years ago I invested the time to learn VBA which allows me at the MS Office level to interact with the internal structures of Excel, Powerpoint, Word, Outlook, etc. and easily do multiple thing at a level you could never hope to achieve. What you have struggled with would probably take me 6 hours to address, if that. Those not willing to invest the time to broaden their technical abilities, well guess what, you will be whining about the same thing in another 21 years. As to Microsoft making things more difficult, quite the opposite, they've made it quite easy due to the openess of the architecture. It would at this point, to hire someone with my skills to address your problem, it just ain't going to be me, Perhaps you should use what Apple puts out or what Google puts out, I am sure you would be far happier with that software.
My goal is to generate $35k in dividends with a high degree of capital safety and extremely low risk, then, for me that will be enough to live somewhat comfortable.
That is an improvement, but the speed of media transmission when it hits the Terabit range in less time, now that is where significant dollars will be. If Nokia had that capability and was marketing it, exactly where would the price of Nokia be? I'd venture that Apple would be a far distance below the price of Nokia. I have no doubt that Nokia is probably researching that as I type.
Granted $7.5B that Nokia got from Microsoft wasn't pile of money out there, but you definitely have to hand to Nokia to not parking the cash and making strategic investments quickly to augment their core businesses as they stand today. Nokia did mention their intent to become investment grade, looks like they are moving in that direction and will do so as quickly as possible. I would like to buy some more Nokia at this point but building up positions that pay monthly dividends that hat annual yields in excess of 13%, that piece of my portfolio is accelerating nicely. Under my approach, and when I did they math last night, I was surprised over the last 16 months, on average, my monthly increase across all my positions overall average $11.8K per month.
Interesting how someone can be so ignorant of where the Nokia price has come from, if you bothered to even take 5 seconds then you would know that Nokia is breaking out of the $8/share resistance. Resistance is about to be broken and $8/share becomes the new level of support. You might want to sign up for an adult education class that are held nightly at your local high school, I am sure the offer some sort of investing course you might could sign up for
Gates showed Jobs the Surface technology, Microsoft was way ahead of the game, Jobs was excellent on putting his spin on others technology and getting it to market first. You are correct Apple isn't particularly innovative and I was there back at the start when Gates was working with IBM on PCDOS and later when Gates brought out MSDOS. The only real thing that Apple has going for it is marketing and branding. Apple will be making a misstep, my intuition is telling me that and its coming.