Hi All,
I realise there are a number of Walter Mitty types on here, but I presume at least some of you really do own a bunch of stocks and shares in an ISAs etc who are way more experienced than I am.
I've got about 50k spread through a few trackers and a few companies I've gambled on when bad news made their share prices collapse.
Looking back on previous dividend payments they always seem to pay at approximately the same time. Does anyone, as part of their investing strategy buy the stocks a couple of weeks before the announce date and then dump them as soon as the dividends pay out. The thought occurs that if you carpet bagged with say £10k, you could make some quite tidy sums.
Is that worth doing, or do market fluctuations make it not worthwile?
Cheers...
b0redom
I realise there are a number of Walter Mitty types on here, but I presume at least some of you really do own a bunch of stocks and shares in an ISAs etc who are way more experienced than I am.
I've got about 50k spread through a few trackers and a few companies I've gambled on when bad news made their share prices collapse.
Looking back on previous dividend payments they always seem to pay at approximately the same time. Does anyone, as part of their investing strategy buy the stocks a couple of weeks before the announce date and then dump them as soon as the dividends pay out. The thought occurs that if you carpet bagged with say £10k, you could make some quite tidy sums.
Is that worth doing, or do market fluctuations make it not worthwile?
Cheers...
b0redom
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