investing your money ;)

The problem with the "dividend shuffle", is that any holdings you keep less than a year are taxed as regular income at your normal bracket percentage, rather than the 15% long term capital gains rate.

This is the main problem with "day trading" as well.

If you're in the 25% bracket, you better be making a consistent 10% profit on your trades (after averaging in the dividends, and their tax implications)

...and for the less informed, stocks have an "ex-dividend" date, which is the date that shares must be owned on or before, in order to receive a dividend. Most are a month before the dividend is payed.