Stock strategy- buy just b4 divendends are released. sell the day after

[JEDI]

find a stock or mutual fund that offers 10%+ div, but just b4 the divs are released, sell the day after. very low volitility.

So why isnt everyone doing this?

 

[KLin]

fees

 

[bennylong]

because they price the stock to drop the same amount as the dividend.

the price of your fund drops when dividend/cap. gain are payout. That's why you see the Price of your Fund last month drop 10%

 

[Quasmo]

Buy apple 3 months before macworld, watch all the idiot apple fanboys buy stock after macworld, sell after macworld.

 

[PAB]

Originally posted by: bennylong
because they price the stock to drop the same amount as the dividend.

the price of your fund drops when dividend/cap. gain are payout. That's why you see the Price of your Fund last month drop 10%

You said it before I could.

Theres no free lunch.

 

[ultimatebob]

Originally posted by: Quasmo
Buy apple 3 months before macworld, watch all the idiot apple fanboys buy stock after macworld, sell after macworld.

Wow, that's a good idea! I hate Apple fanboys (like the products, but hate the fanboys), so it would be nice to profit from them

 

[her209]

Tell us how that works out for ya.