Dividend Capture as a Trading Strategy

Hi Everyone I'm Jacey and I'm 12 Today we're going to review one of my dad's books How to receive 10-20 checks a month like clockwork This is your guide to investing for monthly cash flow In less than ten minutes a day and if you did not know this is where I got the name the 10 minute trader with daily checks you could change your life Have a better retirement Take an awesome vacation or just buy stuff that you really don't even need first let me explain dividend capturing and what it is the strategies over one hundred fifty years old and it is very, very profitable there After the crash of 1929 the SEC was born, they're pretty much the police of the stock market and they pass regulations and laws so nobody can cheat Now all publicly-traded companies have to file quarterly reports so they can let us know what is happening with the company so there are no surprises When the company makes money, one of two things happen you reinvest it back into the company or they give it to the investors That's us, and by us I mean me and you..... I like money And by us I mean me and you I like money not right at all you only need to own the stock on the day of record the Day of Record is usually right after the EX Date The EX Date is the last day the stock trades before the dividend is paid out Here's what you gotta do but the stock on or before the EX Date and sell after the date of record MMMMM That's usually just a few days MMM one, two.....three tops okay now let's look at a few, Here's a list from february twenty second two thousand four I'm going to assume you know how to read a stock chart well then if not then each vertical line in the chart represents one trading day red represents a down day and green represents and up day Here's an example of a st a trading day and your standard bar code top is for high, bottom is for low the two lines inside are for opening and close Here's one... Here's one...... And here's some from last year one...two...three...and four and is there another one? no... as you can now see this is why the strategy has been used for over a hundred fifty years very easy and very successful In my next video I'll show you how to simplify this whole process until next time This is Jacey from Sarasota, FLA the ten minute trader and goodbye