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

To: robert b furman who wrote (26470)	2/4/2017 1:04:19 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

What is "WHALAH" -- did you mean "voila", which in French means "there it is"... /eom

To: robert b furman who wrote (26470)	2/4/2017 9:19:00 PM
From: Thehammer	1 Recommendation Recommended By JimisJim Respond to of 34328

Hey Robert, Great to hear that you have had such great success managing your IRA. That is a pretty good return and the larger your portfolio, the more you save by hiring yourself to manage it. I try to never be put a stock and for the most part only sell puts on securities that i want to own or usually have a position in as well. When I roll the puts typically use spread orders. In 2009 I put because quite a few stocks that I still have: GWW @ 78.44 +221% MMM @ 77.12 +126% UTX @ 72.7 +50% ECL @41.63 +190% LOW @22.18 +230% TGT @49.59 +28% XOM @70.11 +19% PEP @62.15 +69% Also sell some covered calls but generally don't do as well as I do with the puts. After doing it for so long, I have come to realize that you can consistently use some stocks over and over but often you need to rotate sectors as the premiums tend to be very slim especially in sectors such as Consumer Defensive (at least on dividend growth stocks) As you have said. some folks love to do this and enjoy the time spent but it does take time and effort and a flexible plan. While I generally agree with you about most regulations, some of them do create investor benefit but others will wind up hurting those on the lower end of the spectrum. Dodd Frank caused a lot of credit to low end borrowers to dry up and their recourse was pay check lenders. Best execution though generally required firms to seek out the best market price for orders and I see quite a bit of evidence when I use spread orders to roll the puts. I often get better than my limit net credit especially when I enter the order early in the day. I tend to lurk around the options threads but probably ought to post there more often, Chuck