(04-23-2021, 12:18 PM)crimsonghost747 Wrote: He is addicted. He just can't stop.
(04-23-2021, 01:03 PM)ken-do-nim Wrote: I'm incapable of sitting on cash. Even if the markets are choppy, I still feel it's better going into AT&T then sitting in my bank account. So, unlike the rest of you, I can't jump every time there is a dip. I have to wait for my next cash infusion. Probably May when I sell some company stock assuming the trading window opens then.Yes CD rates are no good. Some of us are regularly selling puts on the high div stuff but the div is just a consolation prize if we get stuck owning it for few months. Stuck in cash for weeks but the option premiums are typically 2-3X my dividends over the course of a year, and sometimes I get the dividend too. Won't be this easy in a bear market. I'll just collect dividends then. When the cash comes off the bench it's 1-4% now and not waiting for an ex-Div or pay date. Rinse and repeat next month or next week if the market cooperates.