Comments by "Jake Broe" (@JakeBroe) on "Dividend Capture Challenge UPDATE" video.

  1. Thanks for watching everyone! If you are enjoying this investing challenge, then give this video a LIKE to let me know. Also check out the first video in the series here: https://youtu.be/krJnH7_QPug
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  2. Thanks guys! Ultimately, I just value knowledge and learning over money itself. I think I could be doing more to drive clicks and get paid deals, but I'm honestly here to teach myself more and I want to share what I learn because it's fun. Glad you guys are sticking with me!
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  3. Hey Alan! For this dividend capture trading strategy? I am not thinking about or spending more than 30 minutes in a day worrying about this. It is "sell all" of the first stock and then buy as much as I can of the next. I am just following my schedule I made at the beginning of the month.
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  4. Oh, wow. Nice schedule!
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  5. Comm locked all the ports on the facility... couldn't figure out how to unlock them for days.
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  6. So all taxes I would have to pay on dividends is calculated at the end of the year. Lets say during this month's challenge I earn $3,000 worth of dividends. But getting in and out of all these stocks every day loses me -$3,000 dollars. These two events offset and I don't have to pay taxes on anything then.
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  7. Thanks Victor! I am glad you are gaining value from my videos. That means a lot to me!
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  8. Haha, truth! Though these videos aren't getting a lot of views. No clue why. I think this is interesting.
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  9. Thanks for watching GS! All the dividends that I am being paid I'll have to pay short term capital gains. However, if i sell the stock for a loss, then these events actually cancel each other out.
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  10. Bummer! That kind of takes the fun out of active trading.
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  11. Thanks for watching and sticking with me JDion! Great you are making money from selling puts!
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  12. Thanks Ahmad! Cheers!
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  13. 100%! My time should be worth something to me!
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  14. Thanks Matthew! I think this challenge is interesting. And I am glad it will only take 1 month!
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  15. Okay, I will try and get that video up Friday! If not, then Monday!
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  16. I'm probably thinking about and watching the daily chart 30 minutes every day the market is open. But your right, my time does have value!
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  17. Selling puts on margin buying power (for free) is great income! Thanks for following HS!
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  18. Thanks LG! Cheers!
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  19. Thanks John! Cheers!
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  20. Probably a solid plan!
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  21. That stock has been underperforming since they announced their spin off of Time Warner. It will bounce back nicely a year from now, but investors don't like it at the moment.
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  22. Thanks Sriram! I honestly think I'll finish the month exactly where I would have been if I had just been holding an S&P 500 index fund. Not a crazy amount of risk!
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  23. Well... I am picking stocks currently in an uptrend. What am I missing?
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  24. Hey Tom! Yes, you have to buy the stock the day before the ex-dividend date and then you are free to sell it at any point on the ex-dividend date. As for taxes on all of this, I will for sure address that in my next video. Cheers!
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  25. Sure, I could do that. But I'm trying to keep it simple here so people can follow along. Lots of people on YouTube exclusively use Robinhood...
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  26. Hey John! I check it in the morning when the market is open. If the share price of the stock i am holding is going up, i wait until it stops before selling. If it is going down, I sell immediately. I think just buy in to the next day's stock without thinking too much about it. I don't have time to sit at my computer all day hoping to get lucky.
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  27. You are very welcome Raymond! Let's see this through to the end of the month!
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  28. Yep! All those dividends I will lose 22% of the value as opposed to if I just held the index long term...
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  29. Thanks stuart!
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  30. Thanks Jeff! We'll know more by the end of the month for sure!
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  31. For sure! I wouldn't be doing this if I was being charged a commission on trades.
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  32. Thanks Carlos! My video today was actually about selling covered calls in a retirement account. Check it out!
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  33. Absolutely not! Nothing about the stock has changed in the last two weeks. Anyone who liked buying this stock at $8.00/$9.00/$10.00 should want to buy it at $7.75. My stoploss triggered at $8.26 and I waited until today to buy back in at $7.75. I just lowered my cost basis and will make more when it goes back up. I also said this was a buy and hold for a year or so stock. It wasn't going to double up or 10x in a month. August 5th is their next shareholder report. If the moratorium officially ends then they'll have some good projections for next year and that will reflect in the stock price.
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