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


To: Maurice H. Norcott who wrote (30447)1/18/2019 6:27:28 PM
From: berniel  Read Replies (1) | Respond to of 34328
 
seekingalpha.com



To: Maurice H. Norcott who wrote (30447)1/21/2019 4:35:58 PM
From: spindr00  Read Replies (4) | Respond to of 34328
 
"Yes, stocks fluctuate in value and T is unlikely to go to zero value. Again, we have no plans to sell these income producers so the market fluctuations are moot. Your thinking is short term."

1) Did not suggest that T is going to zero
2) Did not suggest that you sell these income producers
3) Your response is shortsighted

I'm not asking difficult questions. No one seems to focus on the question. Let's try something else which involves no suggestions or opinion.

If you used a Market-on-Close (MOC) order Friday afternoon to buy 100 shares of Clorox (CLX), you paid$154.37 . Tomorrow morning (1/22) is the ex-dividend date for 96 cents.

- What is going to happen to the price of CLX before trading starts tomorrow morning?
- What will your 100 shares of Clorox be worth before trading starts tomorrow morning?

Answer that correctly and you'll understand why the dividend isn't income and why subsequent share price appreciation is required to make it income (income being defined as an increase in the value of your aggregate position).