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

To: chowder who wrote (3751)	2/11/2010 9:20:07 PM
From: Elroy	Read Replies (1) \| Respond to of 34328

I own Q, CTL and T in a Roth IRA. I asked TD Ameritrade if they have a DRIP program, and TD Ameritrade said they can buy shares for me using the cash dividend, and I would pay no commission. However, there is no discount to market price, and it seems it's just TDA buying the shares after the dividend payment is received, they couldn't tell me how the price I would pay is determined. They said some companies have DRIP programs with discounts to market price for the new purchased shares, but they don't have a list of those companies. So if I want to set up my T, Q and CTL with a DRIP program, do I have to notify the companies themselves? Does anyone know if these companies have DRIP programs that would allow me to purchase shares at a discount using my dividend payments?

To: chowder who wrote (3751)	2/11/2010 10:25:22 PM
From: JimisJim	1 Recommendation Respond to of 34328

When used in a certain way, options can actually reduce risk... or at least that's what a couple of options experts have told me and even laid out the argument quite nicely... However, like you, I'm still learning other stuff and only buy/sell options occasionally -- usually selling puts on a stock I'l like to own -- sort of like being paid to wait on a stink bid... and less frequently selling calls... have very rarely put on straddles, but somehow still don't see the point of buying "insurance" in the form of options -- if I think I need insurance on a position, I'm probably better off selling the position in most cases... Jim