High dividend and stable

Discussion in 'Money, Investing & Precious Metals' started by Halfway, Jun 9, 2011.

  1. Halfway

    Halfway Grunt

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    This little guy offers a nice dividend. Check out Invesco's OIB exchange traded fund. It uses munis for stability.

    It pays it's dividends monthly. I recommend scaling into any positions taking consideration of the ex-d date. Cost average yourself as it does fluctuate. If anything, set a stop at a price level that would be equal to flat your dividends plus comissions/fees. Raise the stop as it goes up for a cushion. :beercheer:
     
  2. Immolatus

    Immolatus Just getting started. Always.

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    Big fan of high div bond funds
    Buy enough sothey buy more each month wi th the drip, then sell it and keep enough xo it keeps accumulatig more of itself. Free money.
    Sorry for the grammar, am playing with the girls new tablet.
     

  3. Halfway

    Halfway Grunt

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    :beercheer: Absolutely.
     
  4. Immolatus

    Immolatus Just getting started. Always.

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    Oh yeah, love your quote. Great book.