Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SAM who wrote (12556)	9/5/2012 5:20:35 PM
From: inspbudget	Respond to of 34328

I owned COP before the PSX spinoff, but wrote covered calls against the entire position just after the event, as the two issues were spiraling downward like into a black hole. Now, several months alter, both issues are solidly up, and I am resigned to having them called away in November. At least the final effect is a net but small CG for me, as well as dividends of which I hope to receive one more. To partially counter this, I have written cash-secured puts against COP, at strike of $50, for October. Figure that October should be the low point, if I get it then, should be well positioned for rise through the last 2 months of the year.

To: SAM who wrote (12556)	9/6/2012 10:11:31 AM
From: E_K_S	Respond to of 34328

Hi SAM - COP & REITs (O & VNQ) RE: COP and REITs COP is a good one to add below $55.00. I was waiting for s small sell off so I could get in at $52.80 or lower as that would provide a 5% yield on the dividend. I am looking at several REITs but the one favorite here is Realty Income Corp. (O) -NYSE. I do not own this, but for me it's a hard one to buy as it it at/near an all time high. Therefore, I guess you just nibble at a few shares and continue to add at small lots (reinvesting the dividends). Many have done this and have done well. I also am looking at Vanguard's REIT mutual fund Vanguard REIT Index ETF (VNQ) -NYSEArca. It too is near/at it's 52wk high. You are not going to buy these REITs near their lows at this point in the real estate cycle, so the strategy might be to just add a few shares over time regardless of these high prices. To me, a real estate component in your IRA is important and these REITs do provide this exposure to the sector. EKS