Boiler Room: The Official Stock Market Discussion

NatiboyB

Veteran
Supporter
Joined
Apr 30, 2012
Messages
65,179
Reputation
3,826
Daps
103,525
Has anyone done a dividend only M1 type of account? if so did you have success with it. I figured since I am using multiple brokerages it makes no sense for them to all mirror each other. So I should be doing different things.
 

mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
Resting in Peace
Joined
May 1, 2012
Messages
27,315
Reputation
3,820
Daps
52,065
Reppin
Chi
Thinking about goin all in on PLTR.... making SQ, TSLA ark? Being my all ins

Thoughts?
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
40,092
Reputation
15,743
Daps
88,233
Reppin
Focusville, USA
Has anyone done a dividend only M1 type of account? if so did you have success with it. I figured since I am using multiple brokerages it makes no sense for them to all mirror each other. So I should be doing different things.
I wanna do a pie of straight dividend funds especially high CEF like GAB. Got the pie open but just need to start funding it soon as I can. Goal is to get a decent amount paid on dividends.
 

the cac mamba

Veteran
Bushed
Joined
May 21, 2012
Messages
102,484
Reputation
13,651
Daps
299,356
Reppin
NULL
I wanna do a pie of straight dividend funds especially high CEF like GAB. Got the pie open but just need to start funding it soon as I can. Goal is to get a decent amount paid on dividends.
i wish i could get something with like a guaranteed 10 percent dividend :dead: i dont think id even invest in stocks
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
40,092
Reputation
15,743
Daps
88,233
Reppin
Focusville, USA
i wish i could get something with like a guaranteed 10 percent dividend :dead: i dont think id even invest in stocks
GAB pays that much but I don't have much shares yet for it to make a difference. Closed End Funds seem to have high ratios.

GAB Dividend Yield, History & Payout Ratio (The Gabelli Equity Trust)

What Is a Closed-End Fund, and Should You Invest in One?

4 High-Yield Closed-End Funds Paying 10.6%

Four Best Closed-End Funds for 8%+ Income

If I had a high amount of cash, I would throw some in one of these funds to just live off the dividends as much as possible.
 

NatiboyB

Veteran
Supporter
Joined
Apr 30, 2012
Messages
65,179
Reputation
3,826
Daps
103,525
Ark bought a ton of shares yesterday, so people in here started looking up ticker
GAB pays that much but I don't have much shares yet for it to make a difference. Closed End Funds seem to have high ratios.

GAB Dividend Yield, History & Payout Ratio (The Gabelli Equity Trust)

What Is a Closed-End Fund, and Should You Invest in One?

4 High-Yield Closed-End Funds Paying 10.6%

Four Best Closed-End Funds for 8%+ Income

If I had a high amount of cash, I would throw some in one of these funds to just live off the dividends as much as possible.


damn that gabelli is crucial it’s more than oil
 

FabTrey

Superstar
Joined
Apr 2, 2017
Messages
13,053
Reputation
-1,679
Daps
28,455
What do yall think of TTCF?

if you got in when it dropped alot then you are in good shape. i ain't buying cuz i already got BYND. 1 bil market cap, so it got room to grow, but there will be a growing pain. i mean it's not like this is changing the world or anything. it's just a nice niche brand
 

Serious

Veteran
Supporter
Joined
Apr 30, 2012
Messages
80,098
Reputation
14,297
Daps
190,719
Reppin
1st Round Playoff Exits
@ogc163 @No1 @Scholar

One has to question, when food insecurity, unemployment and uncertainty amongst a growing populace of Americans, why is the stock market at a damn near all time high?


One in six Americans could go hungry in 2020 as pandemic persists

Dow ends above 30,000 for first time on progress toward a coronavirus vaccine and a Biden administration

Yes yes I know more money is flooding to keep up with inflation, but I mean ethically....

Why does it seem so intuitively wrong?


/scholarly rant



*goes back to posting bootstrapping bad faith arguments*
 
Top