SLVO
Credit Suisse X-Links Silver Shares Covered Call ETN
Mentions (24Hr)
-100.00% Today
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Gainz from earnings this week. 🐻 And 🦍 plays. 💪🏿
What would happen to SLV or SLVO’s (ETN) price/value after the silver “squeeze?”
Mentions
& $USOI & silver $SLVO. They’re not penny stocks but they’re paying dividends on the volatility through covered calls.
Dang I was feeling bummed about the $SLVO dip & then I realized my dividend will more than compensate me for my (unrealized) losses, even @ $77.68 🤙 $7.0406 is no joke! $RDGT on watch for tomorrow 🥸
Thanks for following up, even if you’re one of the ones who downvoted me 🤣 I know it seems that way, I’ve just done a lot of DD on it & really like what I see for a penny stock. Fun fact: Berkshire just bought a housing stock, the first purchase since Warren Buffett stepped down (I believe). I just really like the company/idea. I want the stock to reflect the underlying subsidiaries, Instone & CSI. The holding company may have some things to work out but they’re making serious strides. What you said is so true, for trades, which $CAPS is until it isn’t. I missed so many swings on the way down because someone on ST had convinced me not to swing it (imagine; I’ve been getting my head right recently). Everyone else is trading it & every other ticker. It’s the way to do it. For investments, I think you can/could/should be somewhat emphatically invested as well. I currently hold IWMI, JEPQ, UTF, USOI, SLVO, PFFA, & IDVO, & I like them (besides SLVO; still on the fence after today’s drop) so much that I don’t really care about the price. A lower price just means I can buy more.
I’ve been looking into $SLVO but yeah something told me to wait so that could be a solid entry there.
SLVO seems like a crappy silver vehicle.
Check SLVO ETF. Compare total return compared to SLV. See how much better SLVO did during flat years. If SLV / SLVO goes down, dividends can buy back at lower prices.
Copper is rising… Silver is my current core metal. SLVO if you’re looking for a set and forget kind thing that’s pretty safe 🍀
I buy gold and silver ETFs for monthly income and to hedge against the markets. It is working out great. If the price of gold starts dropping unexpectedly I won't lose much. But if the price maintains it is steady income for years to come. $GLDI* $IGLD $SLVO* I do the same with BTC. $BITO $MSTY * These are ETNs and the divs aren't stable, but still getting high yields monthly.
CEFS, USOI, SLVO, GLDI great income generators. Buy them at the right price, can't beat the yield.
Yea, that’s GLDI and SLVO
I own a fair share of SLVO nice dividend but got my ass handed to me by Credit Suisse's bullshit, Ishares definitely a better approach.
I use reddit. What I do is roll up a burner account and post like "Not bragging but this is my portfolio" and list garbage tier nonsense and let all the stock haters here come frothing at the mouth ripping it apart. "I'm making a killing with credit suisse! look at my dividends from REML, USOI, SLVO and GLDI!" and then we wait.
Every month. Go look at the dividend of SLVO.
Here we are a year later. Despite the Credit Suisse issues,USOI,SLVO,GLDI are doing well. I got out immediately for an 11% loss on USOI and negligible profits or losses on SLVO and GLDI. I dont remember. I figured they all would get delisted. Had I stayed in,I wouldve done well. If I was still in, I'd get out while I was ahead. It's only a matter of time. I have SMHB, MVRL,HDLB,MLPR by UBS. They are much more volatile than USOI,SLVO,GLDI. 10-20%+ yields40% right now with SMHB
Take it all out. Buy SLVO. Or JEPI. Pay back the loan w the dividends. Keep the cash.
There’s covered calls ETNs like USOI, SLVO, GLDI
Im down 12.7% as of today,January 23,2023, including withdrawals. I was down 30% on October 20,2022. Ive been trading my butt off to recuperate everything. Sometimes if something is not working you need to dump it. I took buying and holding to the extreme. Since then Ive redone my portfolio 3 times over the last 3 months with a 70% portfolio turnover rate. I was overweight 2 closed end funds but boy did I learn my lesson I dont buy individual stocks but high yield closed end funds, reits,bdcs, etns with high coupon payments. .. I set my portfolio up so that I now have over 30 different small positions with 5% in cash. I deploy the cash to positions on down days.. and on up days I sell off certain positions or hold. This way I dont exactly have to time the market because I have enough assets to monitor whats going up and down. I did tons of research and emerging market sovereign and corporate bond funds, mreits and bdcs, and anything related to oil,gas, and silver. I like etns(exchange traded notes not to be confused with etfs). They are riskier but so far have been very effective in tracking commodities, USOI,SLVO,GLDI..Its important to follow trading ranges...where is your position in relation to the 52 week high versus 52 week low..I prefer buying near low obviously. I missed out on most of the reit explosion but after the Fed raised rates in December I made 35% of my portfolio reits and bdcs and this propelled a 7% gain(recuperation of losses). Im certainly not bragging but sharing info that may help others in the red..Ive developed a few rules since my expensive mistake: Make sure portfolio never goes above 20% down...now Ive updated that rule: never go above 13% down. Instead of selling 100% of a position, I always hold on to 1-5%..whether Im selling for losses or gains Instead of going all in and buying 3000 shares of anything, I buy in small increments..50-100 shares or less on down days. Instead of reinvesting dividends(with the exception of a few assets), I let the cash accumulate. This lowers cost basis and positions dont need to go up as much to breakeven. Then I can strategically decide what to reinvest in. I have a high yield 14% dividend yield with mainly monthly dividends/distributions/coupon payments. Another rule: never just take someone's advice or opinion..always do your own research. . Another rule, its ok to take profits.
Remember: With risk comes reward. No matter what avenue you find this is the golden rule. Whenever something promises big gains there is always a bigger catch. It's good to explore. It's your money. Just keep the golden rule in mind. Other things that promise big gains short term might be assets that are speculative and volatile like cryptos or companies with IPOs. There are also covered call ETFs that pay fat dividends that are pretty much trading some other securities (like SLVO for SLV or QYLD for QQQ. There are more, just mentioning these 2. If I am violating any rules for mentioning them, lmk and I will edit them out).
Down 20 overall..10% in my retail 25% inherited IRA for total combined loss of 20%. Portfolio down from different trades. I was down 30-33% in September to down 16% in October to down 15%for a few hours the day before the December fed meeting to down 20% the last day of the year...I have managed to stay between 16 and 20% down since October. Ive had success recuperating capital in emerging market sovereign and corporate bond cefs like EDF/EDI/FCO and generally fluctuate plus or minus 5% in OXLC,XFLT,ZTR plus Ive done well with etns for commodities USOI,SLVO,GLDI 35
SLVO and USOI had merges. So I’ve been forcefully made to sell at the local nadir. Cause apparently no partial share credits for me! (Webull). Fun. 🤦🏻♀️
This is a good idea. I do it myself. But you are asking this question in the wrong sub. Each sub has its own group hivemind, and the one here is mostly about DCA, and buying dips, and etc. Also, have you thought of enacting your strategy on high dividend stocks? Its the same principle, because if you "don't sell it for a loss", as you said in your post, then why not make dividends along the way. The stock market may go down for a year, but you make dividends along the way. Also, have you thought of enacting this strategy on commodities? They are still somewhat connected to the overall market but can sometimes have price action that moves independently, such as although gold/silver will likely go down for a while longer, its worth having some exposure to precious metals in a diversified portfolio, so day-trade them on the way down. Or, combine both strategies (dividends, and precious metals) and do a high risk one of day trading SLVO, USOI, GLDI).
Look at WPM and SLVO
SLVO and it’s big at 18% but the chart is….not good
Watertimes- I have a group of about 25 or so high dividend payers that I adjust as needed. Some good ones to consider are NRZ, AMZA, ABR, USA, ORCC, PFFA, and a few odd ones like SLVO and SSSS. I don’t chase yield, however my dividend incomes expectations are higher than many safer SWAN stocks. I have been a dividend investor since the DOW was under 2000. Good luck!
Now put those profits into several conservative investments yielding 8% or so. Buy some NEM, FNV, WPM, SLVO, GNT etc for inflation protection. And LAND. Conservative and diversify. Keep your profits.
DaManJ- We have a list of about 25 and I added a few high fliers, more risk but solid. Some good high div assets to consider are NRZ, ABR, AMZA, USA, SSS, NLY, HTGC. Add some SLVO as it’s under $4. Many more but that should give you a good start.
Champagne- some are on my list of about 25 high dividend income investments the includes NRZ, ABR, USA, AMZA, SSS, and a few high fliers like SLVO. My paid dividend investor groups generally follow our lists. Two groups of univ finance grad students do AI data mining. We all WANT the market dips as we use our dividends to BUY when many investors panic-sell.
That kind of money deserves a wealth preservation plan, a small percentage to growth. Do diversify into inflation hedges, GNT, SLVO, FNV, WPM, ETC. are a good way to hold gold/silver while getting some dividends back. ARM and NEM are the gold blue chip stocks.
SLVO take a gamble, it's cheap, pays monthly, I do own this lol. I'd get JEPI
Buy WPM and/or SLVO that way you have silver exposure while getting dividends/returns. HL also mines gold and silver.
Gold royalty companies is the way! WPM OR MTA GROY GNT SLVO Some oil also; MVO SJT 🍀
QYLD, RYLD, XLE, GNT, SLVO. You need inflation protection.
Buy SLVO, GNT. FNV, WPM, MTA, OR, etc. Gold and silver royalty companies are THE WAY.
Buy SLVO and hold on.
Dollar is strong. Buy commodities with strong dollars. Gold/silver. Look into GNT, FNV, WPM, MTA, SLVO etc.
Buying more SLVO as it pays 31%.
Oil supply/demand, labor in short supply, supply chain issues, war, etc. all fueling inflation. Buy some SLVO to protect your assets.
Buying dips in SLVO. To have some silver exposure and get some dividends until silver takes off.
PSLV and SLVO are great ways to hold silver. WPM is also a great way to have some silver in your portfolio. SLV is “paper” silver, not good.
Competitive- consider some dividend stocks and income. ABR, SLVO, NRZ, AMZA, USA, ORCC, etc.
What happened to buy low, sell high (or hold)? High dividend stocks for income investors are bargains now. Some high flier assets like SLVO (31% and pays monthly) are under $5. List of 25 solid high dividend payers pays for retirement regardless of the market.
IMO, the people winning are either scaplers or dividend stocks that barely move. I personally like GLDI, SLVO, and USOI
Cryptokid- I am a long time income investor and member of paid high dividend investor groups. We watch the portfolio drop like you do, but have been holding dividend cash anticipating the correction. We are all buying more of the 25 or so high div stocks to lower our average share cost. Holding Cash long term is useless with inflation and other issues. The dividends keep coming and income investors keep buying the dip. I own Shib and have been following the whales as Shib is cyclical with volatility triggered by the whales buying the dips and selling the peaks. Look at ABR, NRZ, USA, and a high flier cheap buy - SLVO. Good luck!
Unless Im missing something SLVO is a short term options gamble on silver pricing? Definitely outside my wheelhouse. [https://www.etf.com/SLVO#overview](https://www.etf.com/SLVO#overview) ABR and NRZ are real estate. I think the growing work from home and remote work evolution is going to keep vacancies high in urban areas. I am scared of real estate right now. I am curious why to buy RYLD which is options play, instead of directly the russell 2000 index it is buying options on? Doesn't the option decay over time eat up any leverage savings? I don't really understand most option or leverage plays with short term strategies. I think TQQQ is a long term play, so I do own it. I don't differentiate on invalid investor type. I look at time horizon. I am retired, but young enough that my time horizon is mostly more than 20 years. So Id say I am a risk on investor. Everyone has to find their own path. Thanks for the award. Here is hoping we are near the bottom.
EjMileman- I don’t think you are missing but you seem to be a Growth investor, where I’m an Income investor. My paid investment group recommended it’s members add SLVO so I added a block in Sept 2021 at $5.06. I am not concerned about it’s relative price which was as high as 5.55 in Nov 21 and low right now at 4.66. What has been consistent is it’s high monthly dividend. I track all stock and crypto with AI support to help make decisions. If you are focusing on long term growth SLVO and other high income assets may not be for you. My list of 25 high dividend income stocks are in self directed retirement accounts that yield 10% (average) which I reinvest. Other Income assets to consider include MAIN, ABR, NRZ, SSSS, PMCO, RYLD, USA, PRT, etc. Ate you an Income investor or a Growth investor? Are you close to retirement or is it far off? Lots to consider.
Im totally confused by this. I just pulled up the SLVO chart. It looks like SLVO loses about 10-20% of its value EVERY year going back to at least 2013. Are you shorting it? I don't see dips, I see a continuous trend? What am I not seeing?
I stick to my group of about 25 high dividend stocks, 6% minimum, 8% goal, several high hitters like SLVO. In a paid investor group with *income* investors and we often trade together, sell overvalued, and hold div cash for the dips. We are now all buying the dip and layering back in to lower our average share price. Retirement is close. Make the div investment plan, work the plan, modify as needed.
That’s nuts. Holding cash at a time of high inflation? Buy high dividend stocks at the dips and hold through the correction. SLVO, USA, NRZ and others.
Stopped out of qqq puts 10k loss.. BOOOOO!!!... will wait for reentry point.. DE added 20 more calls as it held over 400 signaling, I am hoping, a breakout.. Still watching/Holding CVX, LNG, LHX, SJT, SLVO, SBR, and DNAY. These guys went straight up... I expect them to base out a little bit before, I hope, next leg up... When they see selling, I buy them.. Will pull the trigger on agriculture stocks here soon .. Looking at weat(wheat) and others.. Someone posted some ticker for a fertilizer company...
The fact you mention SLVO and misspelled dividend at the same time tells me everything I need to know
Short qqq yesterday. No idea why market loved Powel's chat. Big warning signs say, higher rates/inflation.. So I am relatively unchanged from eariler response... I am looking at stocks in these sectors. Energy, agriculture, and health care... They perform best during inflation.. DE, CVX, LNG, NOC, GD, DNAY.. looking to add.. I have added SLVO and SJT for monthly divided payments....
ditto - I love SLVO and USOI
Goddess- good post. I completely agree about GE. I sold out before GE Capital was spun off when my paid investor group recommended we bail. I moved my portfolio to high dividend stocks when the dow was below 10,000. Current min yield goal (each) of 25 assets is 8%, a few are around 6%, high fliers NLY (12%), SLVO (31%), and SSSS (65%) which seems nuts but it is what it is. I have a core T position that has been paying 6% but just before the div cut was announced, I sold 30% at a high and held proceeds for the current dip. Certainly not rocket science.
Billy- consider high dividend (8%) stocks as they pay well and if you hold dividends until the dip, you buy more for less. I have a list of 25 in my main portfolio and a few cryptos to play with. Look at ABR, SLVO, SSSS, NRZ, STWD, NLY, BRMK, QYLD, RYLD as a start. SSSS is a very high yield asset…
No margin. I will never margin in my life. This was initially play money. I never spent more than about $400-$600 in options and got the right play on pypl puts, amd calls and UPS calls. $500 to $3k. I've got $2.5k in SLVO dividend ETF now. :)
Nba2k- recommend you hold. I transitioned to high dividend stocks when the market was at 8000 and never looked back. I WANT the market correction so I can use my stored dividends and proceeds from overpriced / overvalued stock I sold at the recent peak to BUY the market correction dip. So many investors played it safe when they should have been balls to the walls in solid high dividend stocks (8%) and a few high flier oddities like SLVO, which is based on silver, pays 31% annual yield, monthly dividends. (look it up yourself) Our paid dividend investor group hold 20-25 high dividend payers. Good luck and stay in the market.
Away- I’m an income (dividend) investor, but have a few inexpensive good payers. SLVO is based on silver, pays monthly dividends, and is under $5. Current annual yield is 31% (look it up). Several others pay 8-12%. Good luck!
USO JNUG XIV SLVO Some during COVID got bailouts and split All garbage - own real stuff and only use these for hedging
You realize SLVO has performed way worse that GLD. At least GLD is essentially flat for the year. Also, SLVO isn’t a stock, it’s an ETN that basically runs a covered call option strategy to generate income for the dividend. GLDI does the same thing but for gold.
Intelligent- My opinion is No to buying gold, but yes to silver. You can buy and own silver through One Gold, but a very good alternative is SLVO, a high dividend, inexpensive ($5 share) stock based on the price of silver. SLVO’s dividend is currently 31%. (Yes, 31% but check it yourself). One of many solid high dividend stock that pay 8%+ yield.
Looking forward to dumping ARKK, COIN, BB, GSAT, SNAP, VZ, GLDI, SLVO bags for the tax offsets and finding some new more retarded plays.
I'm riding the commodity ETNs right now, SLVO GLDI and USOI - I've held the "YLD" funds in the past too, I sometimes use them as a "cash" positon even though thats not an accurate use for a CC fund. That is QYLD, RYLD and XYLD
Most people invariably come across MLPs searching by yield descending on a site like finzviz. You'll also invariably find a few weird REITS and then the credit suisee ETNs that sell covered calls on commodities, SLVO GLDO and USOI
I keep some SLVO and GLDI in my ira for my precious metals fix. I get a nice yield and it somewhat keeps up with the spot metal.
>China doesn't allow foreigners/non-Chinese people to own stock in their companies. This is incorrect. China most certianly does allow foreign ownership of their stocks, the cap is 30% of total market cap. The closest a comany has come to reaching that cap was Midea (local home appliance company). I used to get warnings every day that they were at like \~28.6% foreign ownership. Havent seen them in a while so i assume foreign ownership of this company has dropped. ​ >Sure there's valuation and the 'share' prices are impacted by the actual company's performance - but like those Credit Suisse ETNs a lot of people stroke off on (SLVO/REML/USOI/GLDI) there's no actual underlying ownership of anything material and if the stock just delists overnight you get fuck-all back for your investment. Goverence issues (and esg issues in general) like these are never enough to change a "strong buy" to a "dont buy." While these governemence issues do tend to be rampant in ADR's, they exist in US companies like Facebook etc.
> Buying Chinese stocks doesn't give you a cut of the pie. I was mansplaining this to a buddy of mine who was/is high on Chinese stocks. China doesn't allow foreigners/non-Chinese people to own stock in their companies. What they do it file a "Holdings" company in like, the Caribbean or Bahamas. So instead of purchasing a share of Tencent you're actually buying a share of Tencent LTD, based in the Cayman Islands, which is a shell basically that China uses the funds from but doesn't actually denote any actual ownership of Tencent's company stock. Sure there's valuation and the 'share' prices are impacted by the actual company's performance - but like those Credit Suisse ETNs a lot of people stroke off on (SLVO/REML/USOI/GLDI) there's no actual underlying ownership of anything material and if the stock just delists overnight you get fuck-all back for your investment. Buuuuut being critical of anything Chinese on the Chinese-owned social media website Reddit is usually downvoted to oblivion. Tiananmen Square 1989
Purple- AFRM is $67 and pays no dividend. Look at SLVO at under $6 a share that pays 33% dividend. Suggest you consider dividend stocks as even when the market corrects you’ll still get dividends to buy other dividend stock. Income every month or quarter to invest now, and live on later.
Alabradorsdream- I recommend buying actual silver bars through OneGold account. They provide storage space for $5 per quarter ($20/year) and its very secure. For stock tickets, my favorite is SLVO as it’s inexpensive (under $5.47 share yesterday) but pays high dividends that vary with the silver price. Yesterday SLVO was paying 31.53% yield. Thats not a typo… look it up on your phone. Adopting an income strategy through dividend stocks rather than chasing share price growth changed my retirement income planning. We get paid whatever the share price does, and the group of stocks does not pay less than around 6%, average is 8%+. Look up Dividend Hunter or Tim Plaehn and see for yourself. I joined the group about 6 years ago, paid a few hundred bucks to be a lifetime member and wish I had found this group 20 years ago…
Ask yourself if oil or silver is going to go up or down in the next year. Then look at USOI or SLVO.
[Ehh](https://i.imgur.com/bxu1gz7.jpg). According to Schwab my picks are hot garbage (hence the portfolio name). Very little of what I have is for long term holding though. ARKX, QYLD, PERS, GPM, SLVO, CYBNY, FTCO and ECEZ are my current favorite long termers but I haven't sank much into them yet or had them for long. Most of my trades are swing/day trades. Shoot me a message and I can go into more detail later (time ofr work.
Throwaway- not sure what you invest in, but sounds like you are looking for stock price growth, not dividend income. The Dividend Hunter group focus is strictly on higher paying stocks. 5% is at or below our lowest threshold. Examples… AT&T pays 7% until the planned cut next year. SLVO pays 3X that but varies by the price of silver, NRZ pays 8% and will increase as the interest rate in increases, HGTC 7.45%, ABR 7.6%. We have about 25 that are tracked, and we get daily text updates that help me make buy/sell decisions. I’m just an old railroad guy but Dividend investing and particularly this group changed my retirement by increasing my income by 4X more and I never touch the stock unless we sell and reinvest in something else. Sounds nuts but it has worked for me and a lot if others. If I started at 30 instead of 60 I would have retired at 55. This is serious stuff for serious investors. I own Shib and several other non-div investments as play money like having lotto tickets. Hope this helps.
... Put half in a high intest fund ... SLVO or USOI Maybe spread the rest out amongst 6 to 10% interest Real Estate Investment Trust like GOOD or STAG ?? ??
> It seems suspicious though since it’s so high. Don't buy something just for the dividend - the dividend gets taken out of the share price; something could be a lousy investment but have a high dividend yield and if it's not a good investment eventually the high yield often goes away and you're left with a lousy investment that doesn't yield anything. If something has a very high dividend yield, it's likely that you're seeing something that paid dividends that is no longer and it's reflecting the yield as if it still paid, or something that has paid inconsistent dividends in the past. ICRP looks like it paid a larger dividend in 2020 and inconsistent dividends in the past. The share price is -51% since it went public about 20 years ago. SLVO looks as if it pays a variable dividend. $10K invested in that when it started is now $7,308. I also don't recommend buying ETNs (which SLVO is.) Buy something because you have a strong thesis about it, not because it yields the most ("yield chasing.")
Hey, I’m interesting in putting some money Into some stocks with 30%+ dividend a year yield. It seems suspicious though since it’s so high. The symbols are SLVO and IRCP
Suggest you look at AMZA, NRZ, SLVO, ENLC among a good list of 30 div stocks. Nothing less than 6%c most Buy and Hold, but I sell if the price jumps to NAV like BYUP (preferred shares, bought at $13) just reached $25 so I sold all of it at $25.18 and buying undervalued stocks. ATT pays 7% until next year when the div drops to say 3.5%. I’ll sell if it gets to $32 or before the div cut. This isn’t rocket science but you need a plan. Join the group Dividend Hunters if you are serious about Dividend stock investing. Great resource…
Why do you not just wait for a little drop and buy some LETFs? TMF/TYD/GLDI/SLVO for dividends has done well, the first two appreciate the last two for yield. SPXL/TQQQ/TNA in that order is SPY/QQQ/IWM. You are obviously YOLOing for gains on options and want to outperform but this deserves a mention. .... OP looks at options chain for SPXL calls
SLVO stocks and USOI stock
Gold is too volatile. I’d look into Silver : $SLVO
SLVO good or bad, they pay a good monthly div
SLVO good or bad, they pay a nice div monthly
Samesies! I have SCHD, JEPI and VIG/VYM on my "consideration table" when I finish running my Credit Suisse bidness. SLVO has a 30% dividend, USOI has 21%, GLDI is 14% and REML is 11%. I'm riding these to see how long I can actually pull divvies if/before they get delisted, then putting the profits all into one or more of the above mentioned divvy stocks. ETNs are like the Fallout New Vegas of investing, it's a wild wasteland where nothing makes sense but I can make a lot of caps. I could also lose everything overnight. It's why I have separate accounts for my degenerate nonsense and my Vanguard stuff. I don't want my wildly-swinging doofus choices to affect the percentages of my main investments.
Delta of a short call is a good ITM probability indicator. Use ~30-10 delta strikes - it depends of your risk appetite. Your goal is not to be assigned at expiration but if it happens - it is OK also. As a strategy test you can repeat the Credit Suisse SLVO or USOI. They buy SLV or USO and immediately sell 30 delta 30DTE calls against the underlying. Hope it helps.
How risky we talkin here? My "filthy idiot" risky account is all in Credit Suisse ETNs - GLDI, REML, SLVO and USOI. SLVO currently has a monthly 30%+ dividend but nobody is really sure if those ETNs will even exist overnight. In fact, most people would straight up call me a jackass for even having them.
I know the feeling…been there had the same things happen. Now I just own covered call ETFs like QYLD, RYLD, XYLD, SLVO and some REITs for income on a portion of my account the rest I trade stocks and options for capital appreciation…hopefully.
If you want easy mode with decent return over time just throw into something like SLVO. Just keep and eye on stock price to drop to get in on lower prices and just focus on share total. I’m sitting at 400 shares and make around 10 shares every month on dividends. As time goes it’s just increases. Hop out when you’re done and want to move to other things.
I have been holding a few of these (SLVO, USOI, GLDI) for about 6 months - so far so good. Being semi-retired, I like the monthly divs which this month totaled $1100 - I either spend them or buy more shares.
Sell 1/2 my SLVO and buy more CIM-B before ex-div Friday.
> SLVO always dips after dividend is paid, but then it always dips a little more, than rises I recommend you take some time to understand how ex-dividend dates work and why all dividend stocks do this