In todays depressed market there is a way to advantage of the low stock prices. Investing to receive the high dividend payouts can be a very profitable strategy. Returns of 10% a month may be possible depending on market conditions.
Evaluate blue chip stocks like Bank of America, GE, BAX, BP, Exxon and the like to see if they have announced a dividend for this quarter yet.
Review the ex days for the dividends of each blue chip stock.
Buy the stock 2 days before the ex day to receive the dividends. Remember you must own the stock the day before the ex dividend day.
Then sell the stock 1 day after the ex dividend day and reinvest your capital into the next blue chip stock whose ex day is coming up. As an example, BSC is paying 8% dividends at its present price thus you can receive the dividends by owning the stock just the day before the ex day.
Study the stock market and only invest in stocks that have declared dividends for that record date.
Stocks sometimes drop by the dividend amount on the day they pay the dividend but depending on market conditions may not drop much, if at all, making this a worthwhile strategy.