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Considering 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.
by craftyguy 7y ago
Considering 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.