| | | I2, I'm surprised at you. You've got many years in the market, and you should know better (well, imo.)
It seems like every beginning investor in the world comes up with this great idea to make money: buy just before ex-dividend, capture the dividend, then sell, then repeat. There is such a thing as a free lunch, and this is it!
Well, it doesn't work. The markets are too smart for that.
(Ok, there's going to be somebody here who posts he does it successfully, but really, for 99% of people, it either is not profitable or not worth the effort/risk.)
There's a fund that specializes in it - I don't recall them being very successful though.
jmo |
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