Post by
spazzman on Jun 20, 2011 10:37pm
Dividends up across the board
Dividends are higher this month over last month on the horizon covered calls ETF's
HEE, HEX & HEP all yielding >16% (for this month at least)
should see the share price pop tomorrow
Comment by
themangokid on Jun 22, 2011 1:35pm
how are you arriving at your conclusions. I'm seeing the divs down a bit on a few of these products, like HEX. I'm still seeing a nice yield but not the 16% you metion. What numbers are you using?Thanks.
Comment by
spazzman on Jun 22, 2011 3:42pm
I found my original notes and calculations, I was using the closing price of June 20, but the wrong month's declare dividend. Thanks for pointing out my error. Its important that information posted is accurate. I doubled up on HEX this morning, waiting for Horizons to launch the US equity covered call fund.
Comment by
umbada on Jun 22, 2011 4:56pm
"out of curiosity, how many shares does everyone own? "I prefer to ask what percentage of one's portfolio is in a stock. For me it's about 4% but I would have no problem going to 15%.
Comment by
gwplant on Jun 22, 2011 10:49pm
Margin is the devil's juice....margin has to be the biggest killer of profits there is...JMO having learned the hard way that margin calls are not a fun ordeal.
Comment by
spazzman on Jun 22, 2011 11:45pm
Had a sigh of relief when I heard today, Bernanke reiterated the Fed's pledge to keep interest rates near zero.My TD margin account is currently at 3.99% The portfolio is earning 18% so I net ~14%However this could change in a heart beat, the threat of a bond bubble is real. Had to increase my cash buffer after this last correction.