Replies to post #1564 on Dividends

[bar1080]

Now SA authors can earn real money from selling their research to followers (or whatever their term is). They say a few authors make 6-figures. I think it's pretty easy to know that many are paid money managers trying to pick up clients. Some publish newsletters or "tip sheets." With dividend stocks many of the best articles are only available to members with costly subscriptions, not free members. Many SA authors are like me, retired lawyers, CPAs, business execs or just people who know how to manage money prudently. I've been doing that since age 19.

"I don't know your background or education level." I have a JD degree from a major university. Retired lawyer now. Still run a business.

[bar1080]

Especially reprehensible are those who write about retiree-type div stocks and also pump on IHUB's scammiest stock boards. With pennies I only bash. Occasionally I'll go beyond that and contact the SEC about deficiencies. But I can be critical of a few listed stocks, too.

One of my minor hobbies is arcane financial accounting which is like stage magic, only with with numbers. Instead of levitating young ladies, a balance sheet is levitated.

Many of these ultra high div stocks are illusions... that sadly fool a lot of newbies. You have to look beyond the yield! Come the "next 2008" you'll find out "who's swimming naked," as Buffett likes to say.