Wow the Downside in my Strategy is Getting Irritating

Discussion in 'Stock Market' started by william the wie, Feb 12, 2019.

  1. william the wie
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    william the wie Gold Member

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    A quick over view for those who would otherwise have no idea about what I'm posting about. My investment criteria are:

    8% or greater dividend yield

    15% increase in dividend or greater over the past five years.

    nice to have:

    monthly dividend

    optionable

    With Royalty trusts and LPs as well as regular companies I have a decent universe of issues to increase my annual income. My brokerage annual income estimate only counts dividends paid but not net option revenue or a 15% increase in income over the past six months plus I think another 10% in expired option premium income.

    Since I have been buying lowest priced targets first moving up the food chain gets harder to do the longer I follow this strategy. that is irritating and my parking strategies have been dubious. Any ideas?
     
  2. Cellblock2429
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    Cellblock2429 Gold Member Gold Supporting Member Supporting Member

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    /——/ Yeah, it’s a bad strategy. Move to ETFs. BTW did you post something about not buying Sears at 85 cents? I bought 1,000 at $1.70 this morning.
     
  3. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Pick better imaginary option trades.
     
  4. william the wie
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    william the wie Gold Member

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    56.25% annualized in a mostly downward market is worth some irritation
     
  5. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    Annualizing fake returns is always awesome!
     

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