Receiving dividends is fun!

[fenders53]

(04-23-2021, 09:29 AM)ken-do-nim Wrote: Yeah, I've already traded away Verizon and Eli Lilly for example and it will be good to see how that fared a year from now.

E*Trade has such amazing capabilities; there's another place where you can see all the upcoming ex-div dates for your stocks for example.  So I put up with the occasional software glitch  I know they merged with Morgan Stanley, but I haven't seen anything change because of that.

I can help you out with VZ.  It's like popcorn without butter and salt.  I mean it won't hurt you but the 10yr chart is so flat.  That would be OK if we weren't coming off a 10 yr bull market.  It really is a bond substitute.  I use it in my option selling strategy when it is near the bottom of it's tight range.  I get the annual dividend but can deploy the capital elsewhere the other 9 months of the year.     

I need to open my kids IRA today before I get outside the IRS rules for redeployment of an IRA.  I am thinking about going with M1 Finance while she builds an account up a bit.  It has cool charts, graphs and reports.  Buying stocks is about as complicated at shopping on AMZN.  But it's not like Robinhood and encouraging day trade gambling.  It does hands off fractional shares.  She can literally make a pie chart.  50% VOO, 10% high div ETF, and fill in the rest with some tiny positions in GOOG, AAPL and whatever fast growing up and comer stock she hears about from her friends.  5% of this or that.  It's free but they only adjust your account once a day if you make moves.  I like this because otherwise she couldn't even buy one share in half the brands that she is going to be truly interested in.