High-yield/macroeconomics (fka YIELD)

[jimmyh]

CSE $20 April PUT... good idea and another way to increase returns with little or no risk! I like it and appreciate the good tip rfj...

In an earlier post I mentioned...

"My thought process is to capture 2 or 3 dividends a quarter rather than just one and we can do this by buying just before ex dividend date and selling shortly thereafter like I did on CSE. Then put that money back to work and get another dividend that month or the month after...Beats waiting 3 months for the next dividend."

Anyone else do this or am I the lone ranger on this? If others do this, how successful are you and care to share any tips we can use?

Obviously this works best in a IRA account (or other tax deferred account)since the divys and stock/fund gains are taxed at full rate since most times I do not hold for more than 30 - 45 days.

Biggest challenge is to find high payers that are good stocks (like CSE and BKCC mentioned on this board) that don't drop off more than the divy we receive...and it does take a lot of time (more so than buy and hold) but the returns to me seem worth it.

Also, the year end "Special Distributions" are of interest to me and if lucky we can pick some of the funds up that will distribute their gains and continue to move up... capturing dividends/distributions and some price appreciation!

Toughest part is finding these announcements early (or better yet anticipating them and getting in before the run up)so if anyone has suggestions or best resources to find these opprtunities, please share!

Thanks