Advertisement

Anonymous

18 Jul 2021

∙

General Investing

Is there any downside of only investing in REITS/Stocks to get the dividends then sell it off after dividend received (repeating the processing before next dividend date) ?

Assuming the dividend is way more than the fees to do so

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Sherwin Lim

19 Jul 2021

Why not just just reinvest and grow your dividends? Sounds like a lot of hassle for limited upside.

Reply

Save

1M45

19 Jul 2021

Is a very inefficient strategy. You got that idea from youtube?😆

You need high volatility to profit from trading, dividend stocks usually less volatile.

If you really want to trade.

Don't use margin, always use cash (margin call)
Never short a stock (unlimited loss)
Always trade good company, long term trending up, (if you are wrong at the moment, just wait)

Reply

Save

Jovan Lai

18 Jul 2021

Many try to do this as well, often times the drop in share price + commissions > than dividends rece...

Write your thoughts

Related Posts

To get dividends, i understand i can only sell on or after ex dividend date. can i sell 1 day before after market closes or 12mm on xd date or can i only sell on xd market opening day? TIA!?

If I buy shares today when the ex date for dividend payout is tomorrow, would i still receive the dividend payout even though it takes a few days to process the transaction?

I just received an inheritance of stocks from my late father and I do not know what to do with it. I only know that I am able to get dividends yearly (about $50 only). Should I just sell it?

If I buy a stock before the ex dividend date but sell off before the record date and pay date, will I still be entitled to dividends? Thanks.?

If I stop/terminate my RSP dividend fund from FSMone, will I still be getting the dividends? Is there a possibility to pause the RSP where I did not sell it but still getting the dividends? Thank you!

Related Posts

To get dividends, i understand i can only sell on or after ex dividend date. can i sell 1 day before after market closes or 12mm on xd date or can i only sell on xd market opening day? TIA!?

If I buy shares today when the ex date for dividend payout is tomorrow, would i still receive the dividend payout even though it takes a few days to process the transaction?

I just received an inheritance of stocks from my late father and I do not know what to do with it. I only know that I am able to get dividends yearly (about $50 only). Should I just sell it?

If I buy a stock before the ex dividend date but sell off before the record date and pay date, will I still be entitled to dividends? Thanks.?

If I stop/terminate my RSP dividend fund from FSMone, will I still be getting the dividends? Is there a possibility to pause the RSP where I did not sell it but still getting the dividends? Thank you!

Advertisement