The A B C's Of Dividend Investing For Monthly Cash Flow

Dividend investing for monthly cash flow is easier than you may think. Buy a dividend stock on a certain day of the month. Wait to collect the dividend and then resell for either the same as you paid for it or a small profit. Some people call this strategy "Dividend Capturing" and use it frequently to live off the dividend checks they collect.
This may sound easier than it really is. With over 3500 dividend paying stocks, which one is the right one to buy and when is the best time to do this? That is the million dollar question now isn't it. So here are the ABC's:
A. Buy a quality dividend stock before the EX-Date with an historical tract record of maintaining or increasing its price during dividend payout.
B. Sell dividend stock after date of record, that way you qualify to collect the dividend. The selling price should be equal to or greater than the purchase price. Double check historical performances of stock before you purchase to make sure it has performed well in the past.
C. Repeat the process. Sorry if you were expecting something more complex but it is that easy.
When doing this trading strategy you will have challenges when some of the dividend stocks dip in price or a trend reversal happens. If you practice diversification and spread out your investments, small fluctuations in the market should have no real long term effect on your portfolio.