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Strategies & Market Trends : Dividend investing for retirement
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To: ferris wheel who wrote (23531)9/3/2015 8:58:29 PM
From: robert b furman1 Recommendation

Recommended By
Truedarkblue

   of 34328
 
Hi FW,

Take your cash and put it in an account that allows you to sell puts.

Go out far in time (to get time premium and sell puts that are at the supports for a 4 -5 year time period.

If the dividend does not yield over 6-7% at the net purchase price - do not sell the puts.

I have done this on GSK, HCP, KMI, and T.

If the market goes to heck - you make 6%-7%$ waiting for it to correct - at a very low tax rate.

I've done it on my IRA first and trading account later.

I'me 63 and my wife and I are retired.

I like it.

Bob
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