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Old 07-30-2008, 05:21 PM
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Russ_Boston Russ_Boston is offline
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Default Re: Stocks

Well I guess that would depend on tax bracket and whether the income is dividend, interest or capital gain but I see your point. Also the stock could be held in a tax free account such as a ROTH which would make the true yield 6%. Or in a tax defferred account such as an IRA or 401 in which case the yield would be 6% until you withdrew but at least the whole 6% would be available for other plays.

Remember though that a good divided stock not only pays the dividend yield but also the chance for capital gain (potential loss as well). You can also add to the dividend yield payout by selling covered calls against the stock but that is a whole other ball of wax! I've done that both successfully and stupidly - sometimes on the same day.