/biz/ - Business & Finance

Anonymous Thu Sep 5 07:24:35 2019 No.15495546 [View]
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Can someone help me understand why do a DRIP dividend strategy when there are dividends every stinking day?
Yesterday I wrote a program that goes to a website(pic related) and finds the best rated stock with the highest dividend yield for tomorrow. Then it goes all in, waits until a day where the stock is in the green, sells, and finds another one.
Why have 4 dividend days every year when you can have 200?
The ROI is only about 1% per trade, but it seems foolproof and recession-proof.

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