3 ms·
Dividends, in order to provide funding to the school, I imagine.
by 52-6F-62 7y ago
Dividends, in order to provide funding to the school, I imagine.
- TeMPOraL 7y agoI wonder how many problems in the world are ultimately caused from shares not being seen primarily as a source of divident, but as an asset to gamble with.
- craftyguy 7y agoConsidering that it generally pays (far more) to gamble with them than to sit on them and collect meager dividends slowly over time, it's not a surprise really.
- TeMPOraL 7y agoYeah, it's not a surprise that this happens. I'm just wondering why the system is designed to allow and encourage that, instead of blocking it. I can't see anything good coming out of it.
- JumpCrisscross 7y agoLong-term tax treatment for dividends on stock held for more than N years wouldn’t be a bad idea.
- akvadrako 7y agoWe already have that, qualified earnings.
- egypturnash 7y agoBecause the system is largely designed by the people who want to do that.
- ChrisLomont 7y agoPlenty of stocks don't pay dividends. The point of owning stock is because you think it is a good financial move, and that includes direction of stock, holding it as an asset, and in some cases dividends. The reason to sell a stock is because you believe the assets you have tied up in the stock would be better elsewhere. If you view stock ownership as gambling, and dislike gambling, then don't own them. Others view them as owning shares in productive companies and a worthwhile asset for that reason.