I only use the news to trade when I feel a stock is being pumped. This is probably on 5% of my trades when the volume is ramping up. Pump and dump schemes are the oldest game in the book. It is interesting that gangsters get racketeering charges for this, Read more…
Most of my money is in long-term investments in the form of high-interest closed-end funds (CEF’s) in which I reinvest the dividend payouts. These are considered a riskier form of investment. I have had no issue with them and have alerts set up on my brokerage account if / when Read more…
Swing Stocks for Option Spreads I love the website Finviz. It is an invaluable trading tool to help me screen for stocks. Click on the heading below and it will take you to my daily screens. I look for stocks that are actively traded. Meaning they must trade over 1 million Read more…
I pretty much trade on any electronic device, my cellphone, a tablet, a laptop, etc. There is nothing like the feeling of stretching out on a desktop system to where you feel like you are in control of command central. Mi Fiance laughs saying that I am controlling the world Read more…
Purchase Info Purchase Date: 4/9/2019 Share: 1300 Purchase Price: $9.7251 Current Price: [stock_quote symbol=”GLO” decimals=2 number_format=sd template=”%symbol% $%price% “] Current Dividend Yield / Amount: 11.72% Fund Info as of 4/8/2019 Website Fund Type Closed-End Fund Style U.S. and non-U.S. equity and debt securities Expense Ratio 3.81% Shares Outstanding 32,224,000 Inception Read more…
Purchase Info Purchase Date: 4/9/2019 Share: 2300 Price Paid: $6.23 Current Price: [stock_quote symbol=”USA” decimals=2 number_format=sd template=”%symbol% $%price% “] Current Dividend Yield / Amount: 9.62% Fund Info as of 4/8/2019 Website Fund Type Closed-End Fund Style Large-Cap Core Expense Ratio 1.00% Shares Outstanding 202,620,825 Inception Date October 31, 1986 Distribution Read more…
Calculating If Return on Capital is Destructive vs. Constructive as explained by www.CEFadvisors.com If Starting NAV: $10 Dividends over the year: $1 Ending NAV: Below $9.01 then (100% destructive) Ending NAV between $9.01 and $10 (partial destructive) Ending NAV over $10.01 (100% constructive)