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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Chris Forte who wrote (3719)	2/9/2010 12:16:57 PM
From: Elroy	Read Replies (1) \| Respond to of 34328

For dividend paying shares help in a Roth IRA account, is there any reason to use a DRIP program other than the lack of commission on the newly purchased DRIP shares?

To: Chris Forte who wrote (3719)	2/9/2010 1:32:03 PM
From: Wowzer	1 Recommendation Read Replies (1) \| Respond to of 34328

Both are excellent strategies which I use. But you have to remember when selling covered calls you are limiting your upside potential while excepting full downside risk. Same with selling naked puts. So if the market tanks you will get burned. That is why I do it only on high quality stocks that I can live with. Also when playing options keep track of the x div days since dividends are usually priced in options and they may get called away if deep in the money. Good Luck,