I know I’m old. I’ve been old for decades now, when it comes to the stock market I was taught you buy stocks that pay dividends not because they made money or you think there going to make a lot of money in the near future. Nooo you bought stocks because they payed better then that old saving accounts that you had. Not only did they pay dividends they appreciated in value. I was taught the value of the company was not the value of the stocks in the company but the asset and how much money it was making and if things were to go bad that the company could still sells its assets and you would not be at a complete loss. Boy have things changed. If you wanted to be in the stock market and you didn’t want to buy individual stocks you bought mutual funds and they too payed dividends.
In those yesteryears no one to my knowledge complained that the companies were paying dividends or too much dividends at the expense of the workers or that money should be going into R&D.. These days have past me by….
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